"Stop the speculation about me becoming the next Bank Negara Malaysia Governor," says Malaysian Ambassador to the United States Datuk Awang Adek Hussin whose term ends on April 7.
Also, a former Deputy Finance Minister, his comments came in response to the intense speculation that he would replace Tan Sri Dr Zeti Akhtar Aziz, who retires next month after helming BNM for five terms from 2000.
Awang Adek said he was appointed ambassador to the US for a two-year period and with the term ending on April 7, he had no wish to extend the contract, as he wanted to spend more time with his family.
He told this to the Malaysian media covering Deputy Prime Minister Datuk Seri Ahmad Zahid Hamidi's week-long working visit in conjunction with the 2016 Nuclear Security Summit.
Ahmad Zaid arrived here today.
Awang Adek said the decision not to renew his contract was a personal choice.
On speculation that he was among the most suitable candidate for the job following his tenure as BNM Deputy Governor from 1996-2001, he said:" There are other more qualified people. I don't know and see no reason why there is always talk of me to replace Zeti.
"I do not want to speculate and there is no reason to speculate about me," he added.
Awang Adek, who has a doctorate in economics, served the central bank for 16 years, rising to the rank of Deputy Governor. He is among three popular candidates tipped to replace Zeti.
The others are Minister in the Prime Minister's Department Datuk Seri Abdul Wahid Omar and current BNM Deputy Governor Datuk Muhammad Ibrahim.
Asked what he plans to do on his return to Malaysia, Awang Adek said for the moment, he just wants to take a break.
Bernama
Tue Mar 29 2016
Awang Adek said the decision not to renew his contract was a personal choice.
ISIS Malaysia's perspective of Budget 2025
An excellent rakyat-centric budget under the overarching principle of a caring and humane economy.
Budget 2025: Record increase in STR, SARA aid initiatives
The government will provide a significant boost to the Sumbangan Tunai Rahmah (STR) and Sumbangan Asas Rahmah (SARA) initiatives next year.
Budget 2025: EPF contributions to be made mandatory for foreign workers – PM Anwar
The government plans to make it compulsory for all non-citizen workers to contribute to the Employees Provident Fund (EPF).
What policies to expect from Indonesia's new President Prabowo
Prabowo will be open to foreign investment, his aide has said, such as by offering investors management of airports and sea ports.
Budget 2025: Govt allocates RM470 mil to empower women's participation in PMKS
The Women's Leadership Apprenticeship Program will be intensified as an effort to produce more female corporate personalities.
Israel sends more troops into north Gaza, deepens raid
Residents of Jabalia in northern Gaza said Israeli tanks had reached the heart of the camp, using heavy air and ground fire.
Indonesia ramps up security ahead of Prabowo's inauguration
Prabowo Subianto will be sworn in as Indonesia's president on Sunday with Vice President-elect, Gibran Rakabuming Raka, also taking office.
Immediate allocation of RM150 mil for local authorities, DID to tackle flash floods
Datuk Seri Anwar Ibrahim said this allocation is intended to address the recent flash floods that hit the capital and several major towns.
Budget 2025: Sabah, Sarawak to continue receiving among highest allocations - PM
Sabah and Sarawak continues to be prioritised under Budget 2025, with allocations of RM6.7 billion and RM5.9 billion respectively.
NFOF will be operational in November 2024 with funding of RM1 bil
PM Anwar Ibrahim said NFOF will support venture capital fund managers to invest in startup companies with RM300 million set aside for 2025.
Minimum wage to increase to RM1,700 effective Feb 1, 2025
The Progressive Wage Policy would be fully enforced next year with an allocation of RM200 million, benefiting 50,000 workers.
Bursa Malaysia ends higher on Budget 2025 optimism
The benchmark index, which opened 1.85 points higher at 1,643.29, moved between 1,641.71 and 1,649.31 throughout the trading session.
Five important aspects relating to people’s lives in Budget 2025 - PM
The focus is on driving the MADANI Economy, speeding reforms, cutting red tape, raising wages, and tackling the cost of living.
Economic outlook: Govt plans to leverage, expand existing city transit system
The expansion aims to provide a more efficient and reliable public transportation network, reduce congestion, and improve accessibility.
Economic outlook: Budget 2025 to lay foundation for a digital-driven economy
The report said Budget 2025 will entail efforts to position Kuala Lumpur as a top 20 global startup hub by 2030 through the KL20 initiative.
Economic outlook: Corruption and lack of accountability hinder economic progress
Special Cabinet Committee on National governance is established to curb corruption, law reforms to modernise outdate regulations, MoF said.
National Wages Consultative Council will be strengthened
The govt will also incentivise hiring women returning from career breaks, offer job matching and improve care services facilities.
Economic outlook: Ensuring 11 years of compulsory education for all children
Budget 2025 will continue prioritising upskilling and retraining initiatives to equip workers with the latest skill sets necessary.
Consolidated public sector projected to record lower surplus of RM41.7 bil 2024
The MoF said the consolidated general government revenue is estimated to increase slightly to RM384.7 billion in 2024.
PM announces substantial Budget 2025 hastening Malaysia to become Asian economic powerhouse
Datuk Seri Anwar Ibrahim said it would create jobs and also tackle financial leakages to enhance public spending efficiency.