Malaysian deputy picked to succeed Zeti

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Muhammad bin Ibrahim was appointed as the next Bank Negara Malaysia governor today (April 27), with the deputy governor succeeding Zeti Akhtar Aziz when her term expires at the end of the month.

"I look upon it as an opportunity and call to serve the nation," Muhammad said, following the announcement. The appointment appeared to be well received, with the ringgit ticking up against the US dollar on the news.

Prime minister Najib Razak appointed Muhammad for a five-year term, effective May 1

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