Pakistan: Analysts alarmed as central bank chief resigns

Under pressure on interest rate policy; A critic of growing government debt

 

Shahid Hafiz Kardar was governor of the State Bank of Pakistan for just 283 days before he quit on July 18

Shahid Hafiz Kardar was governor of the State Bank of Pakistan for just 283 days before he quit on July 18

Yaseen Anwar has been appointed acting governor of the State Bank of Pakistan after the country lost its second central bank chief in just 15 months.

Anwar, once a senior private banker at ­defunct Washington-based Riggs Bank, is widely seen as a makeshift appointment while Islamabad casts around for a serious, long-term appointee.

Shahid Hafiz Kardar, a respected chartered accountant with a masters degree in economics from the University of Oxford, was governor for just 283 days before he quit on July 18.

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