KARACHI : President Asif Ali Zardari on Wednesday accepted the resignation of Syed Salim Raza, Governor, State Bank of Pakistan. According to a notification issued from Islamabad on Wednesday night, Syed Salim Raza has submitted his resignation effective from May 6, citing personal reasons.
The President, on the advice of Prime Minister Syed Yousuf Raza Gilani, has accepted the resignation of Syed Salim Raza and appointed Yaseen Anwar, Deputy Governor SBP, as acting governor of State Bank of Pakistan till further orders. Raza joined SBP as governor on January 2, 2009 and was to retire on February 15, 2011 as in February next year he will be 65. A senior global banker, Yaseen Anwar brings 33 years of international banking experience to his new assignment.
He has worked closely with various financial institutions and brokerage firms in Pakistan and developed an in depth understanding of the financial services sector and the economic reforms in the country. Anwar, with deep corporate business relationships in US, Europe, and the Middle East, has established a broad range of hands-on experience in managing rapidly growing business units of renowned global financial institutions with detailed knowledge and oversight of the regulatory environment, operations, payments and credit related matters.
As a Non-Executive Director on the Board of United National Bank Ltd (UK) he has developed strong expertise in the UK financial services regulatory framework on corporate governance as well as senior level ties with the UK Financial Services Authority. He was Director-Private Banking, Riggs & Co, London from 2001 to 2003. Anwar spent nine years with Merrill Lynch & Co, New York/London as its Vice-President from 1992 to 2001.
He also served Bank of America for 15 years from 1976 to 1991 in various responsible capacities such as Vice-President & Section Head for the Global Export Finance Group & the Middle East (1984-1991), Assistant Vice-President, New York (1982-84), Assistant Manager, Cairo, Egypt (1979-1981) and Assistant Manager, Paris/London (1976-1979). He was trained at J.P. Morgan Chase, New York from 1973 to 1975.
Anwar was the Founder and President of the Pakistan Bankers Association, UK from 1997 to 1999. He was also the Member of the Arab Bankers Association, UK. In New York, Anwar had served as an Executive Director on the American Turkish Society, Director on the US-Pakistan Economic Council, Director on the American Middle East Business Association, and Member of the Council on Foreign Relations.
No comments:
Post a Comment