Wathra’s appointment as Deputy Governor SBP hailed

KARACHI: Trade and industry has hailed the appointment of Ashraf Mahmood Wathra as Deputy Governor State Bank of Pakistan SBP.

Patron in Chief Korangi Association of Trade and Industry KATI SM Muneer, Chairman Mohammad Zubair Chhaya, President All Karachi Industrial Alliance Mian Zahid Hussain, Vice Chairmen Najmul Arfeen and Niaz Ahmed while appreciated the promotion of senior banker Wathra to the deputy governor and said that Ashraf Mahmood brings the vast experience in the banking sector and serving the SBP for long time.

They hoped that at this crucial time when the country is passing through extreme financial crisis, the central bank and other strategic departments need experienced and competent managers to regulate the economy and bring the fiscal discipline.

They also hailed the Governor SBP Yasin Anwar for his efforts to stabilize the dwindling economy.

The business leaders further hoped that central bank would take measures to control the financial indiscipline from the power corridors.