Datuk Shaik Abdul Rasheed Ghaffour is the 10th Governor of Bank Negara Malaysia, appointed on 1 July 2023. Prior to that, he was the Deputy Governor of Bank Negara Malaysia since 2016.
Datuk Rasheed joined Bank Negara Malaysia in 1988 and helmed various positions across the breadth of the central bank’s primary functions. These included monetary policy and economics, international reserves management and financial markets, financial sector development, and banking regulations.
Datuk Rasheed played a leading role in driving the central bank’s advocacy efforts on economic affairs, including social protection and labour market reforms as well as advising the Government on issues relating to the management of the pandemic. He also played key roles in the development and implementation of the Financial Sector Masterplan and Financial Sector Blueprints.
At the international level, Datuk Rasheed had served on various international platforms, such as the Islamic Financial Services Board and Bank for International Settlements. He had also championed various efforts to strengthen regional financial integration and cooperation, such as the ASEAN Banking Integration Framework. He had also served as the Alternate Executive Director of the Southeast Asia Voting Group Office of the International Monetary Fund.
*Datuk Jessica Chew Cheng Lian, Deputy Governor of Bank Negara Malaysia, was appointed the alternate director to Datuk Shaik Abdul Rasheed Ghaffour on 30 August 2023