Continuity at Bank Negara

Following Bank Negara

IT was a common statement that Tan Sri Dr Zeti Akhtar Aziz, the governor of Bank Negara, who will be retiring at the end of the month, used to make. Without mincing her words, she stressed that politicians should not be appointed governors of the central bank.

Her statement came at a time when there was speculation that as she was leaving the central bank, a political appointee would be parachuted into the job as governor. It is not to say that Bank Negara is immune to political pressure, but the decisions a central bank makes should not be dictated by politics.