Islamabad: The Federal Government on Thursday appointed former State Bank of Pakistan (SBP) director Tariq Bajwa the central bank’s new governor for the next three years, a notification issued by the Finance Division reads, waiting the approval from President Mamnoon Hussain.
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.
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.