Govt decides to appoint new governor of central bank

Govt decides to appoint new governor of central bank

Govt decides to appoint new governor of central bank

The State Bank of Pakistan (SBP). Image: File

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ISLAMABAD: The government has decided to appoint a new governor of the State Bank of Pakistan as Reza Baqir’s three-year tenure as governor of the central bank expires on Wednesday (tomorrow).

Finance Minister Miftah Ismail in a tweet said Reza Baqir was an exceptionally qualified man and he wanted to thank him for his service to Pakistan.

“Tomorrow Governor SBP Dr Reza Baquir’s 3-year expires. I have spoken to him and told him of the government’s decision. I want to thank Reza for his service to Pakistan. He is an exceptionally qualified man & we worked well during our brief time together. I wish him the very best,” Miftah Ismail tweeted.

Read more: Governor SBP unveils special report about progress on SDGs from banking perspective

On March 23, Governor State Bank of Pakistan Dr Reza Baqir had unveiled a report titled ‘SDGs and sustainability report – Pakistan banking sector perspective’ in Dubai.

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The report was launched in an event on the theme ‘The Future of Green and Sustainable Finance – The Role of the SDGs’ organised by the Global Ethical Finance Initiative (GEFI) in collaboration with the government of Scotland and United Kingdom Islamic Finance Council (UKIFC).

This was the first ever report from the banking perspective that had not only mapped progress on Sustainable Development Goals (SDGs) 2030, set by the United Nations, by banks but had also highlighted specific gaps in achieving them. Other speakers had included Ivan McKee, Minister for Trade, Scotland and the event was attended by policy makers, senior bank executives, financial advisors, diplomats and academics who shared insights on the SDGs.

 

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