KUALA LUMPUR (Reuters) – Malaysian Prime Minister Mahathir Mohamad said on Wednesday he had accepted the resignation of central bank governor Muhammad Ibrahim and would meet the king as soon as possible to discuss Ibrahim’s successor.
FILE PHOTO: A general view of the headquarters of Malaysia’s central bank, Bank Negara Malaysia, in Kuala Lumpur January 29, 2013. REUTERS/Bazuki Muhammad/File Photo
He also said after a Cabinet meeting the replacement of the Malaysian stock exchange chief was not discussed. Two sources said earlier on Wednesday Malaysia is looking to replace the chief executive officer of the stock exchange.
Mahathir said his new government would study a project announced by the previous administration to form a new trading link between the stock markets of Singapore and Malaysia.
Reporting by Joseph Sipalan; Editing by Paul Tait