Kuala Lumpur, 27 April 2016 – INCEIF congratulates our board member Datuk Muhammad bin Ibrahim on his appointment as Governor of Bank Negara Malaysia which takes effect on 1 May 2016. The appointment is for a five-year term.
Datuk Muhammad will assume the position of chairman of INCEIF Board effective 1 May 2016.
INCEIF also wishes to record our heartfelt thank you and gratitude to Tan Sri Dr Zeti Akhtar Aziz who ends her governorship on 30 April. She will also relinquish her chairmanship of INCEIF Board, a position she has held since INCEIF was set up in 2005. She remains a member of the INCEIF Board and the Chancellor of INCEIF.
Datuk Muhammad has also been the Chairman of INCEIF’s Professional Development Board (PDP) since October 2011. The PDP acts as the Senate and standard-setting body for INCEIF. As the highest authority on academic affairs at INCEIF, the PDP reviews and approves the professional and postgraduate programmes as well as ensures that INCEIF offers the highest quality of content modules and standards for all its programmes.
Datuk Muhammad joined Bank Negara Malaysia in 1984 and has served in the areas of bank regulation and supervision, strategic planning, payment systems, insurance, offshore banking and treasury and financial markets. He was the Managing Director of Danamodal Nasional Berhad, a bank recapitalisation agency created during the Asian financial crisis in the 1990s, a former commissioner of the Securities Commission of Malaysia and served as a council member of the Malaysian Institute of Accountants (MIA).
He holds a Master’s certificate from Harvard University, an Accounting Degree from the University of Malaya and a postgraduate diploma in Islamic Banking and Finance from the International Islamic University Malaysia.