KEY POINTSLong-time Malaysian statesman Anwar Ibrahim is the country’s new prime minister after the Southeast Asian nation’s palace made the announcement on Thursday ending a protracted election deadlock.Following the meeting with state rulers and in line with the Malaysian constitution, the king appointed Anwar as the Southeast Asian nation’s tenth prime minister.The appointment caps a more than 20-year wait for the former deputy prime minister who has been opposition leader for two decades amid jail terms and political coups.Long-time Malaysian statesman Anwar Ibrahim is the country’s new prime minister after the Southeast Asian nation’s palace made the announcement on Thursday ending a protracted election deadlock.Following the meeting with state rulers and in line with the Malaysian constitution, the king appointed Anwar as the Southeast Asian nation’s tenth prime minister. The king said in an official statement that Anwar would be sworn in at 5 p.m. local time.“Whether you’ve lost or won at the election, I ask that you stand together for our beloved country,” the king said, according to a CNBC translation.CNBC.com