Nor Mohamed Yakcop

{{Infobox officeholder

| honorific_prefix = Yang Berbahagia Tan Sri

| honorific_suffix = {{post-nominals|country=MYS|PSM|SJMK|SPMP (Perlis)|SSAP|SSMZ|SPNS|DGPN|DGSM|PNBS|DHMS|DSPN|JSM|SMJ|DJN|DSM|KMN|size=100%}}

| name = Nor Mohamed Yakcop

| native_name = {{lang|ms|{{Script|Arab|نور محمد يعقوب}}}}

| image =

| imagesize =

| caption =

| birth_name = Nor Mohamed bin Yakcop

| birth_date = {{birth date and age|1947|08|24|df=y}}

| birth_place = Penang, Malayan Union (now Malaysia)

| residence =

| death_date =

| death_place =

| office = Minister in the Prime Minister's Department
Economic Planning Unit

| monarch = Mizan Zainal Abidin
Abdul Halim

| primeminister = Najib Razak

| deputy = Ahmad Maslan

| term_start = 10 April 2009

| term_end = 5 May 2013

| predecessor = Amirsham Abdul Aziz

| successor = Abdul Wahid Omar

| office3 =

| term_start3 = 8 March 2008

| term_end3 = 5 May 2013

| predecessor3 = Mohd Shariff Omar
(BN–UMNO)

| successor3 = Shabudin Yahaya
(BN–UMNO)

| constituency_MP3 = Tasek Gelugor

| parliament3 = Malaysian

| majority3 = 4,547 (2008)

| office2 = Minister of Finance II

| monarch2 = Sirajuddin
Mizan Zainal Abidin

| primeminister2 = Abdullah Ahmad Badawi

| alongside2 = Abdullah Ahmad Badawi (2004–2008), Najib Razak (2008–2009)

| deputy2 = Ng Yen Yen (2004–2008)
Tengku Putera Tengku Awang (2004–2006)
Awang Adek Hussin (2006–2008)
Ahmad Husni Hanadzlah (2008–2009)
Kong Cho Ha (2008–2009)

| term_start2 = 27 March 2004

| term_end2 = 9 April 2009

| predecessor2 = Jamaluddin Jarjis

| successor2 = Ahmad Husni Hanadzlah

| constituency2 = Senator
Tasek Gelugor

| party = United Malays National Organisation (UMNO)

| otherparty = Barisan Nasional (BN)
Perikatan Nasional (PN)
Muafakat Nasional (MN)

| occupation = Economist

| majority =

| relations =

| spouse = Fawziah Begum Abu Bakar

| children = 3

| alma_mater = University of Malaya
Catholic University of Leuven

| website =

| footnotes =

}}

Nor Mohamed bin Yakcop (Jawi: نور محمد بن يعقوب; born 24 August 1947) is a Malaysian politician who served as Minister in the Prime Minister's Department, in charge of Economic Planning Unit from 2009 to 2013. He had previously served as Minister of Finance II from 2004 to 2009.[http://thestar.com.my/news/story.asp?file=/2008/2/24/election2008/20429136&sec=election2008 Duty comes first for Nor Mohamed], The Star, 24 February 2008. He is a member of the Executive Committee of the National Economic Advisory Council.

Career

He served with Bank Negara, the Malaysian central bank from 1968 to 2000. During his time in Bank Negara he was responsible for the implementation of a number of major projects, including

the implementation of Islamic banking in Malaysia
the setting-up of the bilateral payments mechanism between Bank Negara Malaysia and Central Banks of South-South countries
the setting-up of the Rating Agency Malaysia Berhad.

He was also involved in a currency speculation scandal in the early 1990s, where Bank Negara lost up to RM30 billion. No action was taken as he moved on to hold important government positions.Fauwaz Abdul Aziz (25 July 2006). [http://www.malaysiakini.com/news/54380 Forex scandal: Jaffar 'knew about losses']. Malaysiakini.

Yakcop was the Special Economic Adviser to former Prime Minister of Malaysia, Tun Dr. Mahathir Mohamad.

In 2002, he was appointed the director of Khazanah Nasional. He played a major role in government-linked companies (GLCs) like United Engineers Malaysia Berhad and Malaysia Airlines. The transformation of the GLCs was something he led on. Following the Asian financial crisis many of the GLCs were mired in debt and rudderless.

Yakcop restored their balance sheets using the Government's sovereign guarantee when necessary to cut down their borrowing costs. He installed new managers in the GLCs, giving them wide latitude to run the corporations honestly. To ensure that they delivered, he introduced key performance indicators and service contracts.

He was a member of the Dewan Negara, the upper house of the Parliament of Malaysia, for two terms before stepping down to run for the Tasek Gelugor parliamentary constituency in Penang in the Malaysian elections on 8 March 2008.

Personal life

He was a student of St. Xavier's Institution in Penang and served as a prefect during his student days.

He is married to Puan Sri Fawziah Begum Abu Bakar, a former welfare officer. The couple have three children.

Election results

class="wikitable" style="margin:0.5em ; font-size:95%"

|+ Parliament of Malaysia{{cite web|url=http://semak.spr.gov.my/spr/laporan/5_KedudukanAkhir.php|title=Keputusan Pilihan Raya Umum Parlimen/Dewan Undangan Negeri|publisher=Election Commission of Malaysia|accessdate=24 June 2010}} Percentage figures based on total turnout, including votes for third parties.

!|Year

!|Constituency

!colspan=2|Candidate

!|Votes

!|Pct

!colspan=2|Opponent(s)

!|Votes

!|Pct

!|Ballots cast

!|Majority

!|Turnout

2008

|P042 Tasek Gelugor

|{{Party shading/Barisan Nasional}} |

|{{nowrap|Nor Mohamed Yakcop}} (UMNO)

|align="right" |20,448

|56.25%

|{{Party shading/PAS}} |

|Ismail Salleh (PAS)

|align="right" |15,901

|43.75%

|37,308

|4,547

|83.90%

Honours

=Honours of Malaysia=

{{Flag|Malaysia}} :
50px Officer of the Order of the Defender of the Realm (KMN) (1989)
50px Companion of the Order of Loyalty to the Crown of Malaysia (JSM) (1993)
50px Commander of the Order of Loyalty to the Crown of Malaysia (PSM) – Tan Sri (2000)
{{Flag|Kelantan}} :
50px Knight Grand Commander of the Order of the Life of the Crown of Kelantan (SJMK) – Dato' (2004)
{{Flag|Perlis}} :
50px Knight Grand Commander of the Order of the Crown of Perlis (SPMP) – Dato' Seri (2006){{Cite web|date=17 May 2006|title=518 to receive Perlis awards today|url=https://www.thestar.com.my/news/nation/2006/05/17/518-to-receive-perlis-awards-today|url-status=live|archive-url=https://web.archive.org/web/20220220134600/https://www.thestar.com.my/news/nation/2006/05/17/518-to-receive-perlis-awards-today|archive-date=20 February 2022|access-date=20 February 2022|website=The Star}}
{{Flag|Pahang}} :
50px Grand Knight of the Order of Sultan Ahmad Shah of Pahang (SSAP) – Dato' Sri (2004){{cite web|date=26 October 2004|title=Sultan of Pahang's 74th birthday honours list|url=https://www.thestar.com.my/news/nation/2004/10/26/sultan-of-pahangs-74th-birthday-honours-list/|url-status=live|archive-url=https://web.archive.org/web/20210120200228/https://www.thestar.com.my/news/nation/2004/10/26/sultan-of-pahangs-74th-birthday-honours-list/|archive-date=20 January 2021|access-date=20 February 2022|website=The Star}}
{{Flag|Terengganu}} :
50px Knight Grand Companion of the Order of Sultan Mizan Zainal Abidin of Terengganu (SSMZ) – Dato' Seri (2005)
{{Flag|Negeri Sembilan}} :
50px Knight Grand Commander of the Order of Loyalty to Negeri Sembilan (SPNS) – Dato' Seri Utama (2007)
{{Flag|Penang}} :
50px Member of the Order of the Defender of the State (DJN)
50px Officer of the Order of the Defender of the State (DSPN) – Dato' (1997)
50px Commander of the Order of the Defender of State (DGPN) – Dato' Seri (2003)
{{Flag|Malacca}} :
50px Member of the Exalted Order of Malacca (DSM)
50px Grand Commander of the Exalted Order of Malacca (DGSM) – Datuk Seri (2006)
{{Flag|Sarawak}} :
50px Knight Commander of the Most Exalted Order of the Star of Sarawak (PNBS) – Dato Sri (2008)
{{Flag|Kedah}} :
50px Knight Commander of the Order of Loyalty to Sultan Abdul Halim Mu'adzam Shah (DHMS) – Dato' Paduka (2007)
{{Flag|Johor}} :
50px Companion of the Order of the Crown of Johor (SMJ)