Pakistan accepts governor’s resignation

yaseen-anwar
Acting governor Yaseen Anwar

Shahid Kardar, the governor of the State Bank of Pakistan, has stepped down after Pakistan's government finally agreed to accept his resignation.

Last Wednesday, reports emerged that Kardar, who joined the central bank in September, had handed his resignation to Pakistan's finance minister, Abdul Hafeez Shaikh. After initial uncertainty over Kardar's status at the central bank, Syed Wasimuddin, the chief spokesman at the State Bank of Pakistan, on Tuesday told CentralBanking.com that Kardar‘s

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