Former SBP Governor Dr Shamshad Akhtar Passes Away

Islamabad (Nazrana Times)
 

Renowned economist and former State Bank of Pakistan (SBP) governor Dr Shamshad Akhtar, 71, passed away due to cardiac arrest on Saturday.
Akhtar, known for her leadership roles in both national and international financial institutions, took over as the 14th governor of SBP on Jan 2, 2006, becoming the first woman to hold the position. She had also been the finance minister in the caretaker set-ups prior to the 2018 and 2024 general elections.
Akhtar also served as the vice president of the World Bank for the Middle East and North Africa and the executive secretary of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP).