Central bankers in Islamic FSB

The governor of the State Bank of Pakistan, Shamshad Akhtar, has been appointed deputy chairperson of the Islamic Financial Services Board (IFSB) for 2007.

The IFSB is comprised of central banks of Muslim countries and is mandated to promote Sharia-compliant banking and financial services.

Akhtar's election was announced at the 9th meeting of the IFSB council, held in Saudi Arabia on 29 November. Akhtar will chair the IFSB in 2008. Zeti Akhtar Aziz, governor of Bank of Negara Malaysia, has been