The Presidents/Chief Executives of all

Authorized Dealers in Foreign Exchange

Dear Sirs/Madam,

Assumption of charge as Director, Exchnage Policy Department, State Bank of Pakistan

We have to advise that Dr. Asif Ali has assumed charge as Director, Exchange Policy Department, State Bank of Pakistan, Karachi with effect from close of business August 17, 2022.

All correspondence in respect of issues relating to Exchange Policy Department may, therefore, be addressed accordingly.