Tan Sri Nor Mohamed Yakcop is currently the Malaysian Minister in the Prime Minister's Department, in charge of Economic Planning Unit. He was the prior Minister of Finance II, a post he has held since 2004 until 9 April 2009. He is a member of the Executive Committee of the National Economic Advisory Council.

Previously, 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

He was also involved in a currency speculation scandal in the early 1990s, where Bank Negara lost up to RM30 billion.

He 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 government-linked companies (GLCs) is another feather in his cap. Following the Asian financial crisis, many of the GLCs were mired in debt and rudderless. In retrospect, his solution to their problems was simple.