Pakistan’s central bank governor resigns

by Richard Kilner

Story link: Pakistan’s central bank governor resigns

The central bank governor in Pakistan, Syed Salim Raza, has stepped down from his position for personal reasons.

He has been replaced by Acting Governor Yaseen Anwar, who has been deputy governor of the State Bank of Pakistan for the last three years and has broad experience of its various departments.

During his tenure as deputy governor, Anwar sat on the Board of SBP, Board of Pakistan Security Printing Corp. (PSPC), Policy Board of SECP, Board of NIBAF, and SAARC Payments Council Board as well as engaging actively with the IMF.

Prior to joining the State Bank, he accumulated over three decades of experience in the global financial sector and developed corporate relationships across the world, including in the US and Europe.

The change at the top of the central bank may exacerbate concerns about instability in Pakistan, which has a difficult financial situation as well as ongoing political turmoil.