Earlier today, Sindh Chief Minister Qaim Ali Shah and Opposition leader in the Sindh Assembly Syed Sardar Ahmed had signed the caretaker set up document.
Both the leaders announced the decision in a joint press conference held in Karachi.
As part of the agreement, the charge of interim CM Sindh will be given to Justice (retd) Zahid Qurban Alvi.
Justice Alvi will take oath administered by Governor Dr Ishratul Ebad and will start his duties as the interim CM from Thursday. Both the parties agreed that Justice (retd) Alvi, a former Sindh High Court judge, was neutral and senior-most amongst all the candidates.
Having taken up their seats on the opposition benches in the Sindh Assembly, the MQM had presented its five nominees for Sindh caretaker chief minister.
The names were of Muneeb Ahmad Khan, Justice (retd) Ghaux Muhammad, Habibur Rehman, Nasir Aslam Zahid and Mehmood Alam Rizvi.
The Leader of the Opposition in Sindh Assembly Syed Sardar Ahmed had also revealed the nominees during a press conference. Pakistan Peoples Party (PPP) nominated Justice retired Deedar Hussain and Justice retired Hamid Mirza, for the caretaker chief minister.
However, leaders from the PPP, led by CM Qaim Ali Shah, and the MQM, led by Sardar Ahmed Shah, met at the Governor House on Monday but could not evolve consensus on the caretaker chief minister.
The two sides then agreed to select a caretaker chief minister with mutual consent, according to a source, who added that the two names shortlisted were that of Justice (retd) Zahid Qurban Alvi and Justice Deedar Hussain Shah.