KUALA LUMPUR (Sept 9): Bank Negara Malaysia (BNM) Governor Tan Sri Dr Zeti Akhtar Aziz was once again named as the world’s best central bankers for the year 2014 by international business magazine Global Finance.
This was the 11th time that Zeti was accorded an “A” rating for her leadership of the Malaysian central bank.
Besides Zeti, the heads of the central banks of India, Israel, the Philippines, Saudi Arabia, Switzerland and Taiwan were given an “A” this year.
The Global Finance’s Central Banker Report Cards, published annually since 1994, grades central bank governors of nearly 70 key countries on an “A” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest
rate management. This year, 17 central banks were graded for the first time.
“A” represents an excellent performance down through “F” for outright failure.
“Global economies are starting to recover, despite rising geopolitical risk in certain markets. Central bankers once again face challenging times in managing monetary policy to positively influence economic stability and growth—and some of the changes in our scores this year reflect those challenges,” said Global Finance publisher and editorial director Joseph Giarraputo in a statement today.
The full Central Banker Report Cards 2014 report will be published in the October issue of Global Finance.