The State Bank of Pakistan’s (SBP) board and management on Sunday expressed profound grief and sorrow over the demise of the bank’s former governor, Dr Shamshad Akhtar.
In a statement, the bank’s board and management said Dr Shamshad Akhtar made history as the first female governor of the SBP. They said her tenure was marked by exemplary leadership, integrity, and an unwavering commitment to public service. “She played a pivotal role in strengthening the State Bank and advancing sound
monetary and financial sector policies, leaving behind a lasting legacy that continues to inspire generations.”
The bank board and management said: “Dr. Akhtar also rendered eminent service to Pakistan and the international community through her senior leadership roles at the Asian Development Bank, the World Bank, and the United Nations, as well as Caretaker Federal Minister for Finance and Revenue and Chairperson Pakistan Stock Exchange. Her illustrious career as a distinguished economist and global development leader enhanced Pakistan’s standing in international financial and multilateral institutions.”
They said she will be remembered with deep respect and gratitude as a distinguished economist, visionary leader, and devoted servant of the nation. The State Bank of Pakistan extends its deepest condolences to her family, friends, and loved ones. May her soul rest in eternal peace.”