Eight SBP directors to retire by second week of March

ISLAMABAD: Eight directors of the State Bank of Pakistan (SBP) will be retiring by the second week of March while the Ministry of Finance will appoint new directors in their place as soon as possible. Federal Finance Secretary Dr Waqar Masood with his team will prepare a list of competent, capable, experienced and well-reputed personalities of the financial sector across the country for filling these slots. Dr Waqar Masood while talking to The News said that two out of eight directors will retire on February 25, while six others will retire in the second week of March after completing their tenures. He said that the Finance Ministry will make new appointments as their replacement as soon as possible.