Introduction

Tun Ismail Ali Chair (TIAC)

The Tun Ismail Ali Chair in Monetary and Financial Economics at the Universiti Malaya was established on 28 August 2000, in recognition of the considerable contribution to the Nation by the first Malaysian Governor of Bank Negara Malaysia (Central Bank of Malaysia).

The Chair's key objective is to enhance academic excellence in the area of monetary and financial economics at the Universiti Malaya as well as amongst the local academic community.  More specifically, the Chair would contribute towards building a strong foundation in monetary and financial economics for the future generation of economics graduates.  In addition, through programmes that include public lectures, the Chair would also enhance the knowledge and expertise of the local banking and financial community in the field of monetary and financial economics.

Bank Negara Malaysia has endowed a fund of RM12 million to the Universiti Malaya for the purpose of developing the Chair and funding its proposed programmes at the Faculty of Business and Economics, formerly known as Faculty Economics and Administration.