After 2 months, Jameel Ahmad appointed as Governor SBP
The federal government on Friday appointed Jameel Ahmad as the new governor of the State Bank of Pakistan (SBP). Previously, he served as the deputy governor of Central Bank.
Notification of appointment of new Governor State Bank has been issued.
“In exercise of powers conferred under Section 11A(1) read with Section 14(1) of the State Bank of Pakistan (SBP) Act 1956 (Amended 2022), Jameel Ahmad is appointed as Governor State Bank of Pakistan for a term of five (5) years with the approval of the President of Pakistan, upon the recommendation of Federal Government,” a Finance Division notification read.
Jameel Ahmed has previously served as the Deputy Governor of the State Bank while he has also held an important position in the Saudi Central Bank.
Jameel Ahmed has been associated with State Bank since 1991 and has also held the position of Executive Director.
The post fell vacant in May after former SBP governor Reza Baqir’s term expired and the coalition government decided against extending his tenure further.