Former State Financial institution of Pakistan (SBP) director Tariq Bajwa has been appointed the central financial institution’s new governor for the subsequent three years, in accordance with a notification issued by the Finance Division on Friday.
Bajwa ─ who replaces outgoing appearing SBP Governor Riaz Riazuddin ─ joined the Civil Service of Pakistan in 1981 and has held numerous positions over his 36-yr profession.
Previous to his new appointment, Bajwa served because the chairman of Federal Board of Income (FBR) from July 2013 to October 2015.
He additionally served as a common supervisor at Pakistan Worldwide Airways and secretary finance Punjab from 2010 to 2013.
This isn’t his first stint on the central financial institution, as he beforehand remained a director on the SBP. He was additionally on the Financial institution of Punjab board of administrators.
The discover added that Bajwa’s appointment is awaiting approval from President Mamnoon Hussain.
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