BNM Appoints Bakarudin, Sukhdave As Assistant Governors

Bank Negara Malaysia (BNM) has appointed Bakarudin Ishak and Dr Sukhdave Singh as assistant governors effective March 5, 2009.

In a statement here today, BNM said Bakarudin has served the bank since 1985 and has held several senior positions.

Bakarudin has served as director of Foreign Exchange Administration Department, director of the Islamic Banking and Takaful Department and was appointed chief executive officer of Malaysian Electronic Clearing Corp Sdn Bhd on Dec 1, 2008.

BNM said as director of Islamic Banking and Takaful Department, Bakarudin had an important role in the bank's efforts in the development of Islamic finance and in promoting Malaysia as an Islamic financial hub.

It said Sukhdave joined the bank in 1986 and has a doctorate in in monetary and international economics from Vanderbilt University, US.

During his service with the bank, Sukhdave has served in the Economics Department, headed monetary policy research, and in 2005, became director of the Monetary Assessment and Strategy Department.

Sukhdave has also represented the bank at regional and international macroeconomic and monetary policy fora and has chaired Asean taskforces on regional exchange rate and currency cooperation.

-- BERNAMA