US EditionFormer SBP governor Shamshad Akhtar dies at 71
Dr. Shamshad Akhtar served as a leading figure in Pakistan's economic governance, holding key roles in monetary policy, fiscal management, and capital markets.
- On Saturday, Dr Shamshad Akhtar, former Governor of the State Bank of Pakistan and Pakistan Stock Exchange chairperson, died in Karachi from cardiac arrest.
- Long ago, Akhtar broke ground as the first woman SBP governor on January 2, 2006, and later served twice as caretaker finance minister.
- Her international career included senior Asian Development Bank posts from 1990 to Director General roles, and she spent 10 years as an economist at the World Bank authoring key policy papers.
- Several caretaker ministers publicly mourned Akhtar's death, with Finance Minister Muhammad Aurangzeb and Umar Saif calling her a principled voice and a national loss.
- Her death marks the end of an era in Pakistan's economic policymaking, removing a leading voice with extensive institutional reform and global advisory roles.
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Ex-SBP governor Shamshad Akhtar passes away
President Zardari, FinMin express grief over Akhtar's death.Ex-SBP governor passes away due to cardiac arrest.Akhtar was serving as PSX chairperson at time of her death.Dr Shamshad Akhtar, former governor of the State Bank of Pakistan ...
Shamshad Akhtar, the first and only female head of Pakistan's central bank and two-time acting finance minister, has died at the age of 71, the ministry announced today... Pakistan: The country's first female head of the central bank has died - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ
Ex Governor state bank Dr Shamshad Akhtar passes away at 71
KARACHI: Dr. Shamshad Akhtar, the former Governor of the State Bank of Pakistan, passed away in Karachi on Saturday due to cardiac arrest. She served as the 14th governor of SBP from January 2, 2006, becoming the first woman to hold the position. With significant national and international banking expertise, she had a remarkable career. Before her SBP tenure, she was director general for ADB’s Southeast Asia Department since 2004 and began her A…
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