Ashraf Mahmood Wathra appointed acting Governor SBP

ISLAMABAD: Finance Minister Senator Mohammad Ishaq Dar has appointed Ashraf Mahmood Wathra, Deputy Governor, State Bank of Pakistan (SBP) as the Acting Governor SBP till further orders.

The Governor SBP Yaseen Anwar has been directed to hand over the charge to Ashraf Mahmood Wathra, upon close of business hours on Friday, says a statement issued by Ministry of Finance.

It is pertinent to mention here that the federal government had accepted the resignation of Governor SBP Yaseen Anwar with effect from January 31, 2014.

Anwar had assumed charge on October 20, 2011 and his tenure was going to be completed on October 20, 2014.

When contacted about his resignation, Yaseen Anwar said: “There are personal reasons and particularly due to recent injury of my son that compels me to move and stay together with my family especially after having served at SBP for almost seven years as governor and deputy governor through very challenging times amidst financial turmoil globally.”