Riaz Riazuddin appointed governor of State Bank of Pakistan
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The federal government has appointed Riaz Riazuddin as the acting Governor of the State Bank of Pakistan (SBP), a notification issued on central bank's website stated.
Riazuddin, who had been serving as a deputy governor at SBP, has been appointed as governor for a period of three months or "till the appointment of a regular governor".
Former central bank chief Ashraf Wathra's tenure had ended on April 28, and the SBP had decided not to renew his contract.
The development came hours before the Supreme Court summoned the SBP governor to court on Friday and rejected the SBP's nominees for a joint investigation team that will be investigating Prime Minister Nawaz Sharif and his two sons' business dealings abroad.
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Comments (8) Closed
May 03, 2017 03:15pm
Mabrook Riaz Bhai
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May 03, 2017 03:33pm
Welcome to the club.
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May 03, 2017 04:06pm
At least this way the govt will appoint heads of many different departments which have been running without heads or on ad-hoc basis for years.
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May 03, 2017 04:27pm
good luck sir...
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May 03, 2017 04:39pm
@Adnan wtH is Mabrook? If you want to congratulate him, use the Urdu version i.e. Mubarak
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May 03, 2017 07:01pm
@Adnan Since when Riaz Riazuddin has become Riaz Bhai. Is he related to you or what?
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May 03, 2017 07:39pm
why not his contract is three years instead of three months
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May 03, 2017 08:52pm
@an observer .If he addresses him as Riaz bhai what is the harm. We all are brothers to each other as muslim and may be he is also related to Riaz Riazuddin alias Riaz bhai.
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