Pakistan’s central bank chief quits ahead of budget
By IANSThursday, June 3, 2010
ISLAMABAD - Pakistan’s central bank governor has resigned citing “personal reasons”, two days ahead of the announcement of the country’s annual budget.
Syed Salim Raza, Governor of State Bank of Pakistan (SBP), had submitted his resignation effective from May 6, which was accepted by President Asif Ali Zardari as per the advice of Prime Minister Yusuf Raza Gilani, said a government statement Wednesday night.
The acceptance came just three days before the government is scheduled to present its budget for the year 2010-11.
Meanwhile, SBP’s deputy governor Yaseen Anwar has been asked to temporarily work as governor, Pakistani news agency APP reported.
The former Citigroup banker, who was appointed SBP governor in December 2008, was due to retire in February 2011.
