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Former SBP Governor Dr. Shamshad Akhtar Passes Away

DEFENSE

Dr. Shamshad Akhtar, the first female governor of the State Bank of Pakistan (SBP), passed away. She served as the 14th governor starting January 2, 2006, and was recognized for her leadership in both national and international financial institutions.

Akhtar was also a former executive secretary of the United Nations ESCAP, where she promoted regional economic cooperation in Asia and the Pacific. President Asif Ali Zardari and Prime Minister Shehbaz Sharif expressed their condolences, highlighting her contributions to Pakistan's economy and financial management.

The Prime Minister noted her role in stabilizing the country's economy and improving the financial sector. Chief of Army Staff Field Marshal Syed Asim Munir also extended condolences, acknowledging her invaluable services to Pakistan in economics.

Former SBP Governor Dr. Shamshad Akhtar Passes Away
Dec 30, 2025, 6:15 AM

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