Govt appoints Shabbar Zaidi FBR Chairman on honorary basis for 2 years

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ISLAMABAD: The federal government appointed Syed M Shabbar Zaidi as Chairman of the Federal Board of Revenue on an honorary basis for a period of two years, said an official press release on Thursday.

According to the official statement, the appointment will be with immediate effect.

Zaidi's appointment comes days after the removal of Jahanzeb Khan from the position as head of the tax collection body.

Zaidi is a senior partner at A.F. Ferguson and Co, a leading accountancy and advisory company in Pakistan and a Price Waterhouse Coopers member firm. He has previously served as provincial finance minister in the Sindh caretaker cabinet in 2013.

Zaidi has also served as president of the Institute of Chartered Accountants of Pakistan and as chairman of the South Asian Federation of Accountants (SAFA) in the past, and has also authored several books, including Panama Leaks – A Blessing in Disguise – Offshore Assets of Pakistani Citizens, A Journey for Clarityand Pakistan: Not a Failed State.