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SBP updates members of monetary policy committee

SBP updates members of monetary policy committee

KARACHI: State Bank of Pakistan (SBP) has updated the members of the monetary policy committee following the assumption of charge by Tariq Bajwa as the SBP governor.

The Monetary Policy Committee consists of ten members: the Governor (Chairman), three members of the Board, nominated by the SBP Board, three senior executives of the Bank, nominated by the Governor, and three External Members (economists) appointed by the Federal Government on recommendation of the SBP Board. The External Members are appointed for a term of three years.

The current members of the Monetary Policy Committee: Chairman: Tariq Bajwa, SBP Governor, Khawaja Iqbal Hassan, Member SBP Board, Ardeshir Khursheed Marker, Member SBP Board, Mohammad Riaz, Member SBP Board, Riaz Riazuddin, Deputy Governor (Policy), Jameel Ahmad, Deputy, Governor (FM, IB & SI), Inayat Hussain, Executive Director – FS & BSG Dr. Asad Zaman, External Member, Appointed on January 25, 2016, Present term ends on January 24, 2019 Dr. Qazi Masood Ahmed, External Member, Appointed on January 25, 2016, Present term ends on January 24, 2019 Dr. Aliya Hashmi Khan, External Member, Appointed on March 22, 2016, Present term ends on March 21, 2019 Mohammad Mansoor Ali, Corporate Secretary