Father of Malaysia's Economy

By -




  
      Tan Sri Tengku Razaleigh Hamzah is a major Malaysian politician who has served in several prominent positions in the Malaysian Government. He was the Minister of Finance from 1976 to 1984, and the Minister of International Trade and Industry from 1984 to 1987. Born as the son of the last appointed Menteri Besar of Kelantan, he had a privileged upbringing and after receiving his primary education in his homeland he moved to Ireland for his higher education. Upon receiving a Bachelor of Science in Economics from the Queen's University of Belfast he went to London for further studies. However, the death of his father back home forced him to return immediately without completing his education. Now faced with increased responsibilities, he started managing the family business. Eventually he ventured into politics. As an economics graduate, he helped the Prime Ministers in implementing several initiatives aimed at strengthening the economy of the country. Over the next few years he proved his mettle as a capable politician with in-depth knowledge of the working of economies and was appointed the country’s Minister of Finance. In this position he played a key role in implementing major reforms and policies in the Malaysian economy and thus earned the name of the 'Father of Malaysia's Economy'.



 CHILDHOOD AND EARLY LIFE

  • Tengku Razaleigh Hamzah was born as Tengku Razaleigh bin Tengku Mohd. Hamzah on 13 April, 1937 in Kota Bharu, Kelantan, Malaysia. His father was Tengku Mohamed Hamzah bin Tengku Zainal Abidin, the last appointed Menteri Besar of Kelantan.
  • He first attended Sultan Ismail College before moving on to the Malay College Kuala Kangsar (MCKK). But he faced problems in adjusting to the environment there and thus transferred to Anderson School in Ipoh, Perak.
  • Then he went to Northern Ireland to study in the Queen's University of Belfast from where he received a Bachelor of Science in Economics in 1959. From there he went to London for further education. However, at this point of time, his father died and he had to return home without completing his education.



    CAREER

    • Tengku Razaleigh Hamzah started managing the family business upon his return from London. His interest in politics also intensified over this period and he joined the United Malays National Organisation (UMNO), a major Malay political party.
    • From 1962 to 1966, he served as the Secretary, Liaison Committee UMNO Kelantan. He was part of the Malaya's delegation to the United Nation for 17th Session of the U.N. General Assembly in 1962. In 1965, he became the Executive Director, Bank Bumiputra Malaysia Berhad.
    • His political career saw a surge when he was promoted to the post of Deputy Chairman in the Liaison Committee in the party. During the mid-1960s, he also started getting recognition for his profound knowledge of finance and economics and assisted the Prime Ministers in launching several initiatives to increase and expand Malaysia's economic growth.
    • He led a trade delegation to China in 1971 the purpose of which was to initiate business relationships with the country. He met China’s Premier Zhou En Lai, and was successful in increasing the total trade with China by initiating a number of medical and sports delegations to the nation.
    • He won the Parliamentary seat of then-Ulu Kelantan in the 1974 general election. The same year, the Prime Minister, Tun Abdul Razak, announced the appointment of Razaleigh as chairman and Chief Executive of PETRONAS (Petroliam Nasional Berhad).
    • He was eventually chosen to manage the country’s finance and appointed the Finance Minister in 1976 by the new Prime Minister, Hussein Onn, who had assumed office after the death of Razak. In addition to this position he also accepted the post of Chairman of Asian Development Bank the same year.
    • In 1988 the UMNO was declared unlawful by the KL High Court. Another party, Semangat 46, was formed on the proposal of Y.T.M. Tunku Abdul Rahman Putra to continue UMNO’s original aspirations, and Tengku Razaleigh Hamzah was elected the president of this party.
    • From 1990 to 1996 he served as a Member of Parliament representing Semangat 46 in Gua Musang constituency. In 1996, he disbanded Semangat 46 and rejoined UMNO.
    • In 1999, he was appointed Chairman of the UMNO Kelantan State Liaison Committee for the General Election and re-elected Member of Parliament for Gua Musang standing on Barisan Nasional ticket.
    • In 2011, he launched Angkatan Amanah Merdeka (Amanah), a Non-Government Organization at Memorial Tunku Abdul Rahman to revive and restore the spirit of Merdeka among Malaysians.

     MAJOR WORKS,AWARDS AND ACHIEVEMENT
    •    An expert in the fields of finance and economics, Tengku Razaleigh Hamzah is fondly called the ‘Father of Malaysia's Economy' for his role in implementing financial reforms and introducing progressive economic policies in Malaysia. His contribution to the development of the banking and insurance sectors in the country has also been immense.
    • He was awarded an honorary degree of Doctor of Laws (LLD) by Queen’s University, Belfast, Northern Ireland, in 1982 





article from : http://www.thefamouspeople.com/profiles/tengku-razaleigh-hamzah-5908.php

Comments

Post a Comment

Popular posts from this blog

Types of leadership styles

By -
Image
Types of leadership styles The types of leadership style expressed in animal characters. 1. Snail Low on performance, low on people style characteristics ·          Sets standards too low ·          Poor communicator ·          No authority Effects of this style 1.        Negative effect on morale. 2.        Negative effect on standard. 3.        Negative effect on training. This snail type of leadership usually concerned for performance and for the people under him or her team. 2. Tiger High on performance, low on people style characteristics ·          Authoritarian style ·          One-way communicator ·          Limits challenges ·          Strong leader, good in a crisis ·          One man band Effect of this style ·          Quiet, defensive team members ·          Poor communication and few challenges ·          Decrease in performance ·          Morale Usually this tiger's style of leadership
Read more

The Fall of Malacca Empire

By -
Image
The golden age of Malacca ended in 1511. Empire Malacca who called to an end after the Portuguese attack Malacca under the rule of Sultan Mansur Shah. Internal Factors WEAK LEADERSHIP & OPPRESSIVE ADMINISTRATION Weak ruling government is the root cause to the fall of the Malacca Sultanate. They were overdependence on Tun Perak until they can’t find a capable leader to replace him. After the death of the Bendahara Tun Perak, Malacca lacked an efficient leader as the replacement of Tun Perak which is Tun Mutahir as a Bendahara was a weak leader because he more concern on his personal welfare and biased during his administration. Many of the ministers expressed their dissatisfaction with this aspect of the way of his management style. As a result, there were often struggles for power. Besides, Sultan Mahmud who paid only a little attention to the administration consider as a weak leader too. He enables the officers to act as they pleased. Bribing and defamation
Read more

ISPS level of Security

By -
Image
hi guys, today i would like to tell the 3 security level of International Ship Port Facilities Security. so there are 3 level of security which level 1,2,3. the securities is tighten countdown with the number. number 3 is the highest security level and number 1 is the lowest.  google image - ISPS code so what is security number 1? google image - isps level 1 so according to marineinsight , level 1 is a normal security level, so what happen in the normal security level, the ship must execute: In normal level, both ships and port operations are carried out in general way. Minimum security measures are always maintained on board and in port. Ship and port operation are carried out as per ship and port facility security plan. Port facility ensures to keep the ‘no access’ areas under surveillance at all times. Ship and port authority mutually supervise loading and unloading operation of cargo and stores, ensuring access control and other minimum security criter
Read more