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Tariq Bajwa appointed as new SBP governor

Tariq Bajwa appointed as new SBP governor

ISLAMABAD: The government has appointed Tariq Bajwa, a former civil servant, as the governor of State Bank of Pakistan (SBP) for a period of three years.

Tariq Bajwa recently retired after serving as secretary finance and the chairman of Federal Board of Revenue (FBR).

Bajwa, who retired from the civil service last month as finance secretary, will be the third bureaucrat to be appointed as head of the central bank. He has been given the responsibility of ensuring financial soundness of the banking sector as well as supporting the government’s economic reforms agenda.

The staff of the finance secretary remained in the office even after midnight to notify the appointment of the new governor.