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The State Bank of Pakistan (SBP) (Urdu: بینک دَولتِ پاکِستان) is the Central Bank of Pakistan. Its Constitution , as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably enlarged.
Here is a list of the governors of the State Bank of Pakistan. List of governors. No Governor Took office Left office Time in office 1 Zahid Hussain: 10 June 1948
Banking in Pakistan formally began during the period of colonialism in South Asia, during which much of Pakistan was controlled by the British Empire. In 1947, Pakistan gained independence from the British Raj. After independence, the State Bank of Pakistan was established as the central bank of the country, with its headquarters in Karachi.
Alma mater. University of the Punjab. Occupation. Economist, Banker. Jameel Ahmed is a Pakistani economist and banker who currently serves as the Governor of the State Bank of Pakistan. He assumed the position on 26 August 2022, after being appointed by the President of Pakistan for a five-year term. [1] [2]
Shamshad Akhtar is a Pakistani development economist, United Nations diplomat, banker and politician who served as the caretaker finance minister of Pakistan from 2023 to 2024 as well as from 5 June 2018 to 18 August 2018. [1] [2] Prior to that, she served as the 14th Governor of the State Bank of Pakistan, the first woman to assume this position.
Zahid Husain (1893 – 1957) was the founder and the first governor of State Bank of Pakistan from June 1948 to July 1953. He also served as Pakistan's first High Commissioner to India from August 1947 to April 1948.
In 2020, Murtaza Syed began a three-year term as Deputy Governor of the State Bank of Pakistan, appointed by the Federal Government under the State Bank of Pakistan Act 1956 (amended). [3] Syed has published multiple papers on macroeconomic issues and has lectured at Cambridge and Oxford Universities. [3]
Lahore Punjab, Pakistan. Residence. Karachi. Alma mater. Harvard University University of California at Berkeley. Occupation. Economist. Reza Baqir is a Pakistani economist who served as the 20th Governor of the State Bank of Pakistan, from 4 May 2019 to 4 May 2022. [1]