Bank Negara's Zeti awarded 'Grade A' among central bank governors

KUALA LUMPUR: Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz has been accorded “Grade A” among the heads of central banks for the 10th time by the Global Finance magazine.

The magazine, with headquarters in New York and with offices in London, Rio de Janeiro and Milan, named the heads of central banks of Malaysia, the Philippines and Taiwan as world’s best central bankers for the year 2013 in recognition of their achievement.

Philippines’ central bank governor Amando Tetangco Jr and Taiwan’s Central Bank Governor Fai-nan Perng are on the list.

According to Global Finance, the central bankers are assessed on their determination to stand up to political interference and their efforts at influencing their government on such issues as spending and economic openness to foreign investment and financial services.

“As developed economies begin the gradual route to recovery and some of the largest emerging markets continue to slow, the world’s central bankers face a challenging time in managing monetary policy to positively influence economic stability and growth,” it said.

The Central Banker Report Cards, published annually by Global Finance since 1994, grades central bank governors of more than 50 key countries (and the European Union).

The grading is done on an “A” to “F” scale for success in areas such as economic growth goals, currency stability and interest rate management. Global Finance, founded in 1987, has a circulation of 50,050 and readers in 163 countries. — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Business , Zeti


Next In Business News

CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD
Oil set for weekly loss

Others Also Read