Board members of Brunei Darussalam Monetary Authority

Official photograph of the board members of the Brunei Darussalam Monetary Authority or Authoriti Monetari Brunei Darussalam (AMBD) in Malay, taken on 10th January 2011.

Photo (c) Infofoto, Information Department, Prime Minister's Office


Ahli-ahli Lembaga AMBD seperti berikut:

Chariman (Pengerusi) = Duli Yang Teramat Mulia Paduka Seri Pengiran Muda Mahkota Pengiran Muda Haji Al-Muhtadee Billah ibni Kebawah Duli Yang Maha Mulia Paduka Seri Baginda Sultan Haji Hassanal Bolkiah Mu'izzaddin Waddaulah, Menteri Kanan di Jabatan Perdana Menteri,

Deputy Chairman (Timbalan Pengerusi) = Yang Berhormat Pehin Orang Kaya Indera Pahlawan Dato Seri Setia Awang Haji Suyoi bin Haji Osman, Menteri Pembangunan

Other board members are:

• Yang Berhormat Pehin Orang Kaya Laila Setia Dato Seri Setia Awang Haji Abdul Rahman bin Haji Ibrahim, Minister of Finance II at the Prime Minister's Office,
• Yang Mulia Dato Paduka Awang Haji Ali bin Apong, Deputy Minister at the Prime Minister's Office,
• Yang Mulia Awang Haji Mohd Roselan bin Haji Mohd Daud, Permanent Secretary at the Ministry of Finance,
• Yang Mulia Dato Seri Setia Haji Awang Metussin bin Haji Baki, Syarie High Court Judge (Hakim Mahkamah Tinggi Syarie),
• Yang Mulia Datin Paduka Magdalene Chong, Solicitor General (Peguamcara Negara),
• Yang Mula Dato Paduka Dr Haji Ismail bin Haji Duraman, Executive Director of Centre for Strategic and Planning Studies (CSPS) / Pengarah Eksekutif, Pusat Pengajian Strategik dan Polisi (CSPS),
• Managing Director & ex-officio member = Yang Mulia Awang Haji Mohd Rosli bin Haji Sabtu, Timbalan Setiausaha Tetap (Monetari) di Kementerian Kewangan dilantik sebagai Pengarah Urusan AMBD.

Autoriti Monetari Brunei Darussalam (AMBD) Board Member

By command of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam, the Ministry of Finance has announced that His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has consented to the enactment of the Authoriti Monetari Brunei Darussalam Order, 2010 (AMBD Order, 2010), which commences today, January 1, 2011.

The AMBD Order, 2010, amongst other things, provides for the establishment of the Monetary Authority of Brunei Darussalam (Autoriti Monetari Brunei Darussalam, AMBD), its Board and matters connected to the objects, operation, administration, functions, powers and duties of AMBD that include relations between AMBD and the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam; relations between AMBD and the banks and financial institutions; and consequential and related amendments to other written laws that govern the activities supervised by AMBD.

AMBD is a corporate body that acts as the central bank of Brunei Darussalam in matters including the formulation and implementation of monetary polices, supervision of financial institutions and currency management.

In accordance with Section 12 of the AMBD Order, 2010, His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has also consented to the appointment of AMBD Board Members as follows:

1. His Royal Highness Prince Haji Al-Muhtadee Billah, the Crown Prince and Senior Minister at the Prime Minister's Office, as Chairman.

2. Yang Berhormat Pehin Orang Kaya Indera Pahlawan Dato Seri Setia Awg Hj Suyoi bin Hj Osman, Minister of Development, as Deputy Chairman.

3. Other members of the AMBD are:
i) Yang Berhormat Pehin Orang Kaya Laila Setia Dato Seri Setia Hj Abdul Rahman bin Hj Ibrahim, Second Minister of Finance at the Prime Minister's Office;
ii) Yang Mulia Dato Paduka Hj Ali bin Haji Apong, Deputy Minister at the Ministry of Development;
iii) Yang Mulia Awg Hj Mohd Roselan bin Hj Mohd Daud, Permanent Secretary at the Ministry of Finance;
iv) Yang Mulia Dato Seri Setia Ustaz Hj Metussin bin Hj Baki, Syariah High Court Judge;
v) Yang Mulia Datin Paduka Magdalene Chong, Solicitor General;
vi) Yang Mulia Dato Paduka Dr Hj Ismail bin Hj Durman, Executive Director, Centre for Strategic and Policy Studies, CSPS; and
vii) Yang Mulia Awang Haji Mohd Rosli bin Haji Sabtu, The Managing Director of AMBD as ex-officio

In line with the introduction of the AMBD Order, 2010, His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam has also consented to the amendment of the Currency and Monetary Order, 2004, cited as the Currency and Monetary (Amendment) Order, 2010, which also commences today.

The Currency and Monetary (Amendment) Order, 2010, amongst other things, provides for the transfer of the powers of the Brunei Currency and Monetary Board to AMBD, including its assets and liabilities. It also provides for the establishment of the Currency Fund for the purpose of currency management.

Following the establishment of AMBD, the Ministry of Finance has reaffirmed that the Currency Interchangeability Agreement between the Government of His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam and Government of the Republic of Singapore will remain intact.

Adapted from Borneo Bulletin online, 1st January 2011:

http://www.borneobulletin.com.bn/weekend/news/jan1h5.htm (7-day archive only)