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Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Singapore Asia Pacific World Search Search: Pakistani central bank governor stepping down Reuters - 1 hour 16 minutes ago KARACHI, Dec 29 - Pakistan's central bank governor is stepping down this week at the end of her three-year term, a State Bank of Pakistan spokesman said on Monday. "Dr Shamshad Akhtar has informed the government of her decision to step down ... effective Jan. 1, 2009, on completion of her three-year term," said spokesman Syed Wasimuddin. Shamshad Akhtar took over as central bank governor on Jan. 2, 2006. Wasimuddin said Akhtar's replacement would be announced when the government had notified the bank of its decision. The Business Recorder newspaper said Syed Saleem Raza, the chief executive of the Pakistan Business Council, was scheduled to meet Prime Minister Yousaf Raza Gilani and would become governor. Analysts said there had been speculation Akhtar would stay on to oversee an International Monetary Fund programme agreed last month. The IMF approved a $7.6 billion loan for two years for Pakistan in November to help the country avert a balance of payments crisis. Email Story IM Story Printable View Blog This Recommend this article Average (0 votes) Sign in to recommend this article » Most Recommended Stories » Related Articles: Business Sterling extends losses, hits record low vs euroReuters - 15 minutes ago India cbank offers 553.65 bln rupees at special repoReuters - 21 minutes ago Hyundai India says to export 120,000 i20 units in 09Reuters - 23 minutes ago GM supplier Delphi suspends work at China factoryAP - 25 minutes ago Russia's Prokhorov may up RUSAL stake -paperReuters - 25 minutes ago Most Popular – Business Viewed Actress Jennifer Aniston appears naked in GQ magazine Woolworths to close quarter of stores At least 210 dead as Israel hammers Hamas-run Gaza Chances of gas cut '50-50', Russia warns Ukraine Stars of Hollywood, high-tech open wallets for Obama party View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular

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