Malaysia’s Bank Negara governor Tan Sri Dr Zeti Akhtar Aziz has been appointed as one of the panel members for the United Nation’s task force that will assess the reform of the global financial system.
Another Malaysian, Jomo Kwame Sundaram, an economy expert was also roped into the same panel, which will be chaired by a Nobel Prize winner, Joseph Stiglitz.
Joseph was a former chief of the World Bank, and received the Nobel Prize for economics in the year 2001.
The inception of the task force was aligned with the current global financial situation, with the panel members expected to study the possibility of reforming the structures of a number of international fund bodies such as the World Bank and the International Monetary Fund.
Tan Sri Zeti is the one and only woman in Asia who holds the portfolio as a central bank’s governor, and is also one of the very few women in the world appointed to the highly regarded position. She has been serving the Bank for more than 20 years, and in 2003, was named as the Central Bank’s Governor of The Year by Euromoney.