Tariq Bajwa appointed new SBP governor

Updated July 07, 2017


Former State Bank of Pakistan (SBP) director Tariq Bajwa has been appointed the central bank's new governor for the next three years, according to a notification issued by the Finance Division on Friday.

Bajwa ─ who replaces outgoing acting SBP Governor Riaz Riazuddin ─ joined the Civil Service of Pakistan in 1981 and has held various positions over his 36-year career.

Prior to his new appointment, Bajwa served as the chairman of Federal Board of Revenue (FBR) from July 2013 to October 2015.

Tariq bajwa ─ File.
Tariq bajwa ─ File.

He also served as a general manager at Pakistan International Airlines and secretary finance Punjab from 2010 to 2013.

This is not his first stint at the central bank, as he previously remained a director at the SBP. He was also on the Bank of Punjab board of directors.

The notice added that Bajwa's appointment is awaiting approval from President Mamnoon Hussain.