ISLAMABAD: Chief Executive of Pakistan Business Council (PBC) Sayed Saleem Raza has been appointed Governor State Bank of Pakistan (SBP), Geo news reported.Raza called on Prime Minister Syed Yousuf Raza Gilani on Monday after his appointment as Governor SBP.Raza is one of the country’s more experienced international commercial bankers, to replace Shamshad Akhtar, the governor for the past three years whose tenure ends on new years’ day.Saleem Raza will step in to the governor’s position at a difficult time Pakistan has recently signed a loan agreement worth US$7.6b with the international Monetary Fund to stave off an impending crisis on its foreign payments.
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