KARACHI: The Governor, State Bank of Pakistan (SBP) assumes charge of his office on Thursday after a notification of his appointment was issued on Wednesday night, a spokesman of the Central Bank said in a statement.
The 17th Governor of SBP has been appointed for three years. Prior to his appointment as SBP Governor, Yaseen Anwar was appointed Acting Governor of the SBP on July 18, 2011. In this capacity, he also served SBP from June 3, 2010 until September 8, 2010.
He has served SBP as its Deputy Governor since March 29, 2007, and managed all the four clusters of the Central Bank i.e. Banking, Reserve Management, Monetary Policy and Operations; SBP subsidiaries- Banking Services Corporation (BSC) and the National Institute of Banking & Finance (NIBAF).
Besides, he has also served on the Boards of SBP, Pakistan Security Printing Corp. (PSPC), Policy Board of SECP, Board of NIBAF and SAARC Payments Council Board.
He is a member of Monetary Policy Committee (MPC) of SBP Central Board and has interacted with the IMF under the Standby Arrangement with Pakistan. He has also served as an alternate to the Governor on the Asian Clearing Union (ACU) Board.
As a senior global banker, Anwar had brought 33 years of international banking experience to SBP.
Copyright APP (Associated Press of Pakistan), 2011
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