Ahmad Mohd Don Explained

Honorific Prefix:Yang Berbahagia Tan Sri
Ahmad Mohd Don
Native Name:instead.-->
Order:5th
Office:Governor of the Central Bank of Malaysia
Term Start:May 1994
Term End:August 1998
Predecessor:Jaffar Hussein
Successor:Ali Abul Hassan Sulaiman

Ahmad bin Mohd Don (1947 – 17 September 2024) was a Malaysian banker and chartered accountant who served as the fifth Governor of Bank Negara Malaysia, Malaysia's central bank, from 1994 to 1998.

Early life and education

Ahmad Mohd Don was born in 1947. He graduated from the University of Wales in 1969 with a degree in economics. He was a fellow of the Institute of Chartered Accountants in England and Wales and a member of the Malaysian Institute of Chartered Public Accountants.

Career

Ahmad started his career with the Corp of Accountants, Government of Malaysia between 1972 and 1973 before joining the private sector. He served as financial controller between 1973 and 1980 in companies such as Syarikat Jengka Sdn. Bhd., Mansfield Berhad and Pernas Securities Sdn. Bhd, where he was also the company secretary.[1] In November 1980, he joined Permodalan Nasional Berhad as deputy general manager and was involved in planning and launching the National Unit Trust Scheme in 1981.[2] Subsequently, in April 1983, he joined Malayan Banking Berhad as General Manager, Treasury.[3] During his service with Malayan Banking Berhad, he was promoted to senior general manager and board member, then to executive director and in January 1991, he was appointed group managing director and chief executive officer, a position he held until 1993.[4]

He served as the governor of Bank Negara Malaysia, from May 1993 to August 1998.[5] He replaced Jaffar Hussein, and was followed by Ali Abul Hassan Sulaiman.[6]

Ahmad was latterly a director of MAA Group Berhad (formerly known as MAA Holdings Berhad), Zurich Insurance Malaysia Berhad, KAF Investment Bank Berhad, Hap Seng Plantations Holdings Berhad and JP Morgan Chase Bank Berhad. He is not related to any director and/or major shareholder of United Malacca Berhad and has no personal interest in any business dealings involving the company. He attended all five board meetings held during the financial year ending 30 April 2013.[7]

Death

Ahmad died on 17 September 2024, at the age of 77.[8]

Honours

Notes and References

  1. Web site: 2 February 2017 . Syahirah Syed . Jaafar . Ahmad Mohd Don is new Alliance Bank chairman . 17 April 2022 . The Edge Markets.
  2. Web site: UMCCA - Change in Boardroom - Tan Sri Dato' Ahmad Bin Mohd Don . 17 April 2022 . KLSE Screener.
  3. Book: Carr, Jennifer L. . Major Companies of the Far East and Australasia 1990/91 : Volume 1: South East Asia . 1990 . Springer Netherlands . 978-94-009-0805-5 . Dordrecht . 222 . 851380301.
  4. Web site: 12 June 2018 . Governor Tan Sri Ahmad Mohd Don's Speech at the 1997 Annual Report Press Conference Bank Negara Malaysia Central Bank of Malaysia . 15 April 2022 . https://web.archive.org/web/20180612142707/http://www.bnm.gov.my/index.php?ch=bm_speech&pg=bm_speech&ac=682&lang=bm . 12 June 2018 .
  5. Web site: Lim . John . 24 November 2017 . Malaysians Are Selling Old RM2 Banknotes For Up To RM50,000 Online . 17 April 2022 . SAYS . en.
  6. Web site: Board of Directors « United Malacca Berhad . 15 April 2022.
  7. Web site: Ahmad Don is Alliance Bank chairman . 15 April 2022 . The Star . en.
  8. Web site: Alliance Bank chairman Ahmad Mohd Don passes away at 77 . 17 September 2024 . The Star . en.
  9. Web site: Senarai Penerima Darjah Kebesaran Bintang Pingat Persekutuan Tahun 1991. www.istiadat.gov.my.
  10. Web site: Senarai Penerima Darjah Kebesaran Bintang Pingat Persekutuan Tahun 1997. www.istiadat.gov.my.
  11. Book: Shahrir and Ahmad head Johor Sultan's birthday honours list. New Straits Times. 8 April 1998.

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