Abdul Rasheed Ghaffour

Abdul Rasheed Ghaffour

Deputy Governor,
Central Bank of Malaysia

Datuk Abdul Rasheed Ghaffour is the Deputy Governor, Bank Negara Malaysia and is responsible for the overall development of the Malaysian financial sector, which includes the banking, insurance and payments development functions, as well as Islamic banking and takaful development. He is also responsible for the Bank’s Monetary and Economics Sector, which also include the international relations and statistical services.

He is a member of the Monetary Policy Committee, the Management Committee, Financial Stability Executive Committee, the Reserve Management Committee and the Risk Management Committee of the Bank.

Prior to his appointment as Deputy Governor, he was the Assistant Governor for the Bank’s Monetary and Economics Sector. He was on a two-year secondment as the Alternate Executive Director for Malaysia on the Executive Board of the International Monetary Fund, in Washington DC between 2012-2014.

He started his career in the Bank Regulation Department of Bank Negara Malaysia and during his career in the Bank that spans over 20 years, he has been involved in key areas of central banking, including policy formulation in financial sector development, financial surveillance and prudential policies for the banking and insurance sector.

Datuk Abdul Rasheed Ghaffour has an Honours degree in Economics from the University of Malaya.