News
Thursday, June 03, 2010
SBP Governor Saleem Raza resigns
KARACHI/LAHORE: The government on Wednesday accepted the resignation of Salim Raza from his position as the governor of the State Bank of Pakistan.
SBP Deputy Governor Yaseen Anwar has been appointed as the acting governor. According to sources, a few days ago Raza had expressed his desire to leave his position before he hit the retirement age.
Private TV channels have reported that President Asif Ali Zardari has accepted the resignation of the SBP governor. They reported that Raza had resigned due “personal reasons”.
Saleem Raza had joined the central bank in January 2009 after Shamshad Akhtar completed her first and only term in office.
The sources said acting governor Anwar and Tameer Microfinance Bank CEO Nadeem Hussain were under consideration for the position.
Anwar was appointed deputy governor in March 2007. He was reappointed for another two years a few weeks ago. Sources in the central bank said Raza used to take very little interest in the affairs of the central bank, leaving most jobs to his subordinates unlike Shamshad Akhtar who used to micromanage everything. mushfiq ahmad/daily times monitor
Courtesy www.dailytimes.com.pk