Malaysia picks bank CEO as finance minister

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Tengku Zafrul Aziz's appointment comes amid heightened global risks and domestic policy uncertainty. FMTNews CIMB FinanceMinister

Tengku Zafrul Aziz, chief executive officer of CIMB Group Holdings Bhd, is Malaysia’s new finance minister.

Tengku Zafrul Aziz, chief executive officer of CIMB Group Holdings Bhd, will head the finance ministry in the Cabinet of Prime Minister Muhyiddin Yassin, who replaced Dr Mahathir Mohamad last week after a power struggle. The appointment comes a week after Bank Negara Malaysia lowered the benchmark interest rate by 25 basis points to counter risks to the economy from the Covid-19 outbreak.

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The 1 MDB man?

sekarang baru bagus..... bukan ahli politik pegang potfolio..... semua org happy

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CIMB CEO is new finance minister, FT mufti to be in charge of religionTengku Zafrul Tengku Abdul Aziz and Zulkifli Mohamad Al-Bakri are expected to be appointed as senators. Good choice 👍👍👍 these 2 candidates the only surprised from incompetent muhyuddin. i was expecting something explosive after drmazacom give a clue yesterday. so disappointing 🥱. PH still have chance against this line up. it's too coward of PM to not name a deputy PM or is he waiting for zahid? harizakwan
Source: malaysiakini - 🏆 20. / 51 Read more »

CIMB CEO is new finance minister, FT mufti to be in charge of religionTengku Zafrul Tengku Abdul Aziz and Zulkifli Mohamad Al-Bakri are expected to be appointed as senators. Good choice 👍👍👍 these 2 candidates the only surprised from incompetent muhyuddin. i was expecting something explosive after drmazacom give a clue yesterday. so disappointing 🥱. PH still have chance against this line up. it's too coward of PM to not name a deputy PM or is he waiting for zahid? harizakwan
Source: malaysiakini - 🏆 20. / 51 Read more »