The Presidents/ Chief Executive Officers,
All Banks/ DFIs/MFBs
Dear Sir / Madam,
It is informed that the Federal Government vide its Notification No. 3(4)-Bkg-I/2013 dated 1st May, 2017 has appointed Mr. Riaz Riazuddin, presently serving as Deputy Governor State Bank of Pakistan, as Acting Governor State Bank of Pakistan with immediate effect, for a period not exceeding three months or till appointment of a regular Governor, State Bank of Pakistan whichever is earlier, in terms of sub-section (3A) of Section 10 of the State Bank of Pakistan Act, 1956.