Ashraf Wathra made SBP chief


ISLAMABAD: Prime Minister Nawaz Sharif on Monday appointed Ashraf Mahmood Wathra as the governor of the State Bank of Pakistan (SBP), media reports said.
Wathra, who had been appointed as the interim SBP chief after its previous governor Yasin Anwer resigned in late January, was handed formal charge of the SBP governor on Monday. On April 13 the Sindh High Court (SHC) issued notices to the finance secretary, the deputy attorney general and others on a petition challenging Wathra’s appointment as the SBP acting governor as an alleged violation of the appointment policy. The appointment was challenged by an NGO, True Line International Foundation, which took the finance secretary, Wathra and others to the court. The petition stated that the acting governor of the central bank was appointed in violation of the State Bank Order 1948, service rule.

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