Ashraf Mehmood appointed as State Bank acting governor

The appointment came after the federal government accepted the resignation of Yaseen Anwar.

The appointment came after the federal government accepted the resignation of Yaseen Anwar – last governor.

ISLAMABAD:
Ashraf Mehmood was appointed as new Acting Governor State Bank of Pakistan (SBP) on Friday, Express News reported.

The appointment came after the federal government accepted the resignation of Yaseen Anwar – the outgoing governor.

According to the SBP spokesperson, Anwar had resigned for personal reasons.

“He wanted to give more time to his family after his son was seriously injured in a road accident,” Siddiqui said.


Sources, however, said Anwar decided to quit after he found himself unable to get along with Finance Minister Ishaq Dar.

He resigned from the post after he was assured he would not be barred from leaving the country, sources added. Anwar’s family is settled in Singapore.

Anwar was appointed SBP governor in July 2011 after former SBP governor Shahid Kardar stepped down from the position amidst rumours that he had developed differences with the ministry of finance.

Kardar’s predecessor, Saleem Raza, had also resigned after only 16 months in office.
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