ISLAMABAD (SANA): Yaseen Anwar has been appointed as Governor of State Bank of Pakistan by President Asif Ali Zardari on advice of Prime Minister Gilani here on Wednesday.
He has served as deputy governor of the State Bank of Pakistan (SBP) and was working as acting head of central bank of the country.
Anwar, a dual national who holds a US citizenship, studied economics and political science at the Wharton School of Business in Pennsylvania.
More a global citizen, he has about 33 years of banking experience across cities such as New York, London and Paris, and his resume includes American banks like JP Morgan, Bank of America and Merrill Lynch.
Anwar is the fourth central bank chief in three years since Zardari took over as president, highlighting the politically unstable country’s difficulties in attracting and retaining qualified individuals in government service.
This would be his first permanent tenure on the job, after two interim stints in one year.
Anwar was acting governor for three months after Salim Raza resigned, citing personal reasons, in June 2010, and then again after mid-July this year when Shahid Kardar resigned, citing “differences of opinion on policy actions”.
In his capacity as acting chief and deputy governor, Anwar is no complete stranger to the central bank, unlike past few governors.
After taking charge Yaseen Anwer, newly appointed Governor, State Bank of Pakistan called on Prime Minister Syed Yusuf Raza Gilani at Prime Minister’s House.
The Prime Minister asked the Governor State Bank to keep him abreast about the state of economy and take measures to maintain the financial discipline in the country.
Governor State Bank said that he would try to come up to expectations of the democratic government and to implement the monitory policy of the state Bank of Pakistan in letter and spirit.
He has served as deputy governor of the State Bank of Pakistan (SBP) and was working as acting head of central bank of the country.
Anwar, a dual national who holds a US citizenship, studied economics and political science at the Wharton School of Business in Pennsylvania.
More a global citizen, he has about 33 years of banking experience across cities such as New York, London and Paris, and his resume includes American banks like JP Morgan, Bank of America and Merrill Lynch.
Anwar is the fourth central bank chief in three years since Zardari took over as president, highlighting the politically unstable country’s difficulties in attracting and retaining qualified individuals in government service.
This would be his first permanent tenure on the job, after two interim stints in one year.
Anwar was acting governor for three months after Salim Raza resigned, citing personal reasons, in June 2010, and then again after mid-July this year when Shahid Kardar resigned, citing “differences of opinion on policy actions”.
In his capacity as acting chief and deputy governor, Anwar is no complete stranger to the central bank, unlike past few governors.
After taking charge Yaseen Anwer, newly appointed Governor, State Bank of Pakistan called on Prime Minister Syed Yusuf Raza Gilani at Prime Minister’s House.
The Prime Minister asked the Governor State Bank to keep him abreast about the state of economy and take measures to maintain the financial discipline in the country.
Governor State Bank said that he would try to come up to expectations of the democratic government and to implement the monitory policy of the state Bank of Pakistan in letter and spirit.
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Banking