Pakistan's first woman bank chief

The first woman to be appointed as the governor of Pakistan's central bank has taken up her position.

    Women's groups hailed Akhtar's appointment as a positive step

    Shamshad Akhtar, formerly a senior official at the Asian Development Bank, was named in December as the 14th governor of the State Bank of Pakistan since its inception in July 1948.

     

    In a statement, the bank said: "She brings rich experience, both national and international, to her new assignment."

     

    A Fulbright scholar at Harvard and visiting fellow at the university's economics department, Akhtar replaces Ishrat Hussain, who retired last month after serving six years.

     

    Akhtar worked as an economist for the World Bank for 10 years at its Pakistani resident mission.

     

    She then worked as director-general of the Manila-based Asian Development Bank's Southeast Asia department since 2004.

     

    Women's rights groups in socially and religiously conservative Pakistan have hailed Akhtar's appointment as a positive step.

    SOURCE: AFP


    YOU MIGHT ALSO LIKE

    Why Jerusalem is not the capital of Israel

    Why Jerusalem is not the capital of Israel

    No country in the world recognises Jerusalem as Israel's capital.

    Strong quotes for Martin Luther King Jr Day

    Quotes from Martin Luther King Jr that resonate today

    Quotes of justice, education, religion and race said by MLK Jr.

    Trump rage ignores the truth

    Trump rage ignores the truth

    Poor people living in the slums of Africa and Haiti have indeed a miserable life.