Bank Negara must stay independent

Competent and credible: Under Dr Zeti’s (inset) stewardship, Bank Negara has become a highly respected institution.

THE business and investment community must be very happy to read the bold and candid statement by outgoing central bank governor Tan Sri Dr Zeti Akhtar Aziz that politicians should not head this important independent institution.

“Every country needs an organisation like the central bank that does not have any political agenda. It should remain focused on ensuring macroeconomic, financial and economic stability,” Dr Zeti reportedly said after launching the Investment Account Platform on Wednesday.