Zafrul will oversee the 20-billion ringgit stimulus package Mr. Zafrul was so dumb that former Attorney General Tommy Thomas was forced to open his mouth to set the record straight after the finance ministry gave a half-baked cock and bull story in an interview with The Edge. Yet, does an illustrious career in the corporate finance world mean that he will be able to act as a good finance minister for Malaysians?Tengku Zafrul has been criticized for not speaking up about the moratorium situation earlier, causing stress for the public as bank representatives were not clear on what the moratorium would mean for the layman.In fact, Twitter came up with the hashtag #bankerjagabanker, implying that Tengku Zafrul was protecting the banks’ interests at the expense of the rakyat instead. In many periods the Minister of Finance also served as Prime Minister of Malaysia. KUALA LUMPUR, March 9 — The group chief executive officer and executive director of CIMB Group Holdings Bhd Tengku Datuk Seri Zafrul Tengku Aziz has been appointed as the Finance Minister by Prime Minister Tan Sri Muhyiddin Yassin today.His appointment as the Finance Minister in the newly-set up cabinet was considered historic as the powerful and influential cabinet post was normally reserved for a senior figure within the ruling political party.In many occasions, the Prime Minister also held the post of Finance Minister.A known technocrat, the youthful-looking, 46-year-old Tengku Zafrul was born in Kuala Lumpur on June 25, 1973, where he kick-started his career in the banking/finance sector as a corporate finance executive with AmInvestment Bank in 1996.He then joined Crédit Agricole as an investment analyst, moving up the corporate ladder to become a director in a span of few years.Tengku Zafrul then joined Avenue Capital Resources (now ECM Libra), a listed company specialising in financial services such as investment banking and fund management, which he was appointed as group managing director of Avenue Capital Resources (now ECM Libra).He also had a stint as an advisor to Tenaga Nasional Bhd’s president before joining CIMB Investment Bank Bhd as the company’s CEO.The newly minted Finance Minister is also a member of the APEC Business Advisory Council, representing Malaysia in promoting intra-trade and collaboration within the Asia Pacific.Tengku Zafrul is also an advocate of Malaysia’s socioeconomic development, where he currently sits on the board of the National Sports Council of Malaysia, in addition to being a Trustee of the Perdana Leadership Foundation.The Finance Minister received his early education at the prestigious Malay College Kuala Kangsar, before proceeding to further his studies at the University of Bristol, United Kingdom and graduated with a Bachelor of Science (Hons) Economics and Accounting.He then obtained a Master of Arts (MA) in Finance and Management from the University of Exeter as well as a Fellow Chartered Banker with the Asian Institute of Chartered Bankers.His mother, Raja Datuk Zaharaton Raja Zainal Abidin was a former Director-General of the Economic Planning Unit of the Prime Minister’s Department while his father, Tengku Abdul Aziz is a businessman.Tengku Zafrul is married to Raja Datin Sri Johanna Raja Arshad and has four children.

A senior investment banker, he previously worked at Citigroup Malaysia, “The appointment of these senior ministers will allow the issues raised between the ministries in those fields that I mentioned just now to be streamlined more efficiently and effectively,” Muhyiddin said Monday in announcing his choices.

Prior to his appointment to the Cabinet, he was the Group Chief Executive Officer (CEO) and Executive Director of the CIMB Group Holdings Berhad, a leading ASEAN universal bank and a world leader in the Islamic finance.

Malaysia Picks CIMB CEO Zafrul as New Finance Minister Some critics have even mentioned that as Minister of Finance, he can Regardless, Tengku Zafrul is facing a crisis he is expected to solve, and only time will tell if the decision he makes will bear fruit. The newly minted Finance Minister is also a member of the APEC Business Advisory Council, representing Malaysia in promoting intra-trade and collaboration within the Asia Pacific. “It is Zafrul’s list. 'Mulan' suffers from bad reviews, pirated copies in ChinaApple will seek damages from Epic Games for breach of App Store contractThe internet is going wild over Zendaya's new hairstyle, which received more than 1 million likes in 5 hoursChrissy Teigen Shares The Real Reason She Gets Botox While PregnantCostco Is Once Again Selling Chicken Bakes At Their In-Store Food Courts And Fans Are So PumpedNew York's tourism board is looking for a volunteer to scope out the state's most vibrant fall foliageVirtual Kitchen, founded by ex-Uber execs to help restaurants with delivery, raises $20 millionPPBM rubbishes claim 70% of its members joining Dr M’s PejuangJordan reopens main airport after six-month shutdownWork outfit essentials for Autumn/Winter 2020: Go back to work in styleWhat's The Best Way To Store Face Masks During The COVID-19 Pandemic?Toblerone Lava Cakes And Cheesecakes Exist, And They're Everything You Never Knew You NeededThe best lake in America for beautiful vacation photosDiesel-powered 2020 Chevrolet Silverado, GMC Sierra get big price cutsU.S.

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