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New SBP Governor - Muhammad Adnan Arshad - 12-08-2005
"Dr Shamshad Akhter" appointed as new Governor State Bank of Pakistan (SBP)
President Pervez Musharraf has appointed Dr Shamshad Akhtar as the new Governor of the State Bank of Pakistan (SBP) for three years. She has the honour of being the first woman governor of the central bank in Pakistan.
Dr Akhtar is currently working with Asian Development Bank (ADB) as Director-General, South-East Asia Department, in Manila, and will return to Pakistan after completing her commitments by the end of this month.
She has the degree of M Sc in Economics from the Quaid-i-Azam University, Islamabad, and also did her Masters in Development Economics from the University of Sussex in 1977.
She earned her Ph D in Development Economics from the UK. She is a Post-Doctoral Fellowship Fullbright scholar and was a visiting fellow at the Department of Economics, Harvard University in 1987.
Dr Akhtar assumed her position in ADB in January 2004. As a Director-General, she oversaw the operations of five divisions in the Southeast Asia Department-operations co-ordination, infrastructure, agriculture, environment and natural resources, social sectors and governance, finance and trade. The Southeast Asia Department covers Indonesia, Malaysia, Philippines and Singapore. ADB's resident mission in Indonesia and country office in the Philippines was her responsibilities, too.
Dr Shamdad started her career as an Economist in Pakistan with World Bank's Resident Mission in Pakistan, and worked there for 10 years. She also worked briefly with the Planning offices both at the Federal and Sindh governments. She joined ADB and was assigned to Bangladesh and India. She became a Senior Economist in ADB's Financial Sector and Industry Division in 1996 and became a Manager in 1998.
She has presented numerous papers on economics and finance in international conferences. Her current research interests are in Monetary and Fiscal Policy, Banking and Capital Market, International Finance Architecture, Regulation and Supervision, and Industrial and Corporate Restructuring. She was ADB's Co-ordinator for APEC Finance Ministers group from 1996-2001 and has served on a number of ADB committees including the reorganisation committee, appeals committee and oversight committee.
BEST OF LUCK! SBP (Muhammad Adnan Arshad Walana)
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- [email protected] - 12-09-2005
expecting some good reforms ..... as new governor is a very capable lady... she has said that to control inflation is a hard task for her...
REGARDS