The government has finally appointed Yaseen Anwar as the State Bank of Pakistan (SBP) governor.
The post was lying vacant after the resignation of the Shahid Hafeez Kardar from this post on July 18.
Earlier reports said three names were being considered for the slot of Governor State Bank of Pakistan (SBP) – Yaseen Anwar, Ali Raza and Dr Shamshad Akhtar.
However, Yaseen Anwar has been finally appointed as the chief of the central bank.
Anwar, who had been serving as the acting governor of SBP after Kardar’s resignation, is currently accompanying the finance minister in Washington in World Bank’s annual meeting.
The government was required to appoint new Governor before October 18 as, according to the law, the government should appoint a new governor within three months period after the said post had been vacated.
The post of the governorship of the State Bank of Pakistan has been vacant since July 14 when Shahid Hafeez Kardar resigned from his post due to the strong differences with the government over the economic policies. Later on July 18, the government accepted his resignation and after that Yaseen Anwar was appointed as acting governor of the central bank for a three-month period.
It is worth mentioning here that Anwar has also served as acting governor of SBP from June 3 to September 8, 2010 after the resignation of former Governor Syed Salim Raza. He has been serving the State Bank as deputy governor since 29th March 2007.
Thank God, consultation with Leader of the Opposition is not required. Otherwise, we know what would have happened.
Pakistan dodged a bullet. Shamshad Akhtar would have been a disaster, given her previous records everywhere she worked.
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