Ahmad Mohd Don
Ahmad bin Mohd Don | |
|---|---|
| Born | 1947 |
| Died | September 17, 2024 (aged 76–77) |
| Occupation(s) | Banker, Chartered Accountant |
| Known for | 5th Governor of Bank Negara Malaysia (1994–1998) |
Ahmad bin Mohd Don (1947 – 17 September 2024) was a distinguished Malaysian banker and chartered accountant who held the position of the fifth Governor at Bank Negara Malaysia, the nation's central bank, from 1994 until 1998.
Early life and education
Ahmad was born in 1947 and completed his economics degree at the University of Wales in 1969. He was recognized as a fellow by the Institute of Chartered Accountants in England and Wales and was also affiliated with the Malaysian Institute of Chartered Public Accountants.
Career
Beginning his professional journey with the Government of Malaysia’s Corp of Accountants (1972–1973), Ahmad transitioned into the private sector thereafter. Between 1973 and 1980, he served as financial controller for Syarikat Jengka Sdn. Bhd., Mansfield Berhad, and Pernas Securities Sdn. Bhd. In 1980, he joined Permodalan Nasional Berhad as deputy general manager, playing a key role in establishing the National Unit Trust Scheme launched in 1981. By 1983, he advanced to General Manager, Treasury at Malayan Banking Berhad, subsequently rising through roles including senior general manager, board member, executive director, and ultimately group managing director and CEO from January 1991 until 1993.
From May 1994 to August 1998, Ahmad was appointed governor of Bank Negara Malaysia, succeeding Jaffar Hussein and preceding Ali Abul Hassan Sulaiman in this leadership role.
Following his tenure as governor, Ahmad served on the boards of several prominent organizations such as MAA Group Berhad (previously MAA Holdings Berhad), Zurich Insurance Malaysia Berhad, KAF Investment Bank Berhad, Hap Seng Plantations Holdings Berhad, and JP Morgan Chase Bank Berhad. Notably, he maintained an independent stance relative to United Malacca Berhad’s principal shareholders and participated in all five board meetings during the financial year ending April 2013.
Death
Ahmad passed away on 17 September 2024 at the age of 77.
Honours
- :
- Officer of the Order of the Defender of the Realm (KMN) (1990)
- Commander of the Order of Loyalty to the Crown of Malaysia (PSM) – Tan Sri (1997)
- :
- Companion Class I of the Exalted Order of Malacca (DMSM) – Datuk (1995)
- :
- Knight Grand Commander of the Order of the Crown of Johor (SPMJ) – Dato' (1998)