ISLAMABAD: The Pakistan Tehrik-e-Insaf (PTI) government is forming its economic team lead by Asad Umar, who has recently sworn in as finance minister.
Sources said that the expected team would be consisting of prominent figures in the business sector who would replace Chairman Federal Board of Revenue (FBR), Governor State Bank of Pakistan (SBP), Chairman Securities and Exchange Commission of Pakistan (SECP), President National Bank of Pakistan (NBP) and other institutions. A former office-bearer of Engro, where Asad Umar served as Chief Executive Officer, is likely to be appointed head of FBR, they added.
Apart from the finance minister, Advisor to Prime Minister on Commerce, Textile, Industry and Production and Investment Abdul Razzaq Dawood, Adviser to PM on Institutional Reforms and Austerity, Dr Ishrat Husain, the appointments of heads in key financial institutions are also expected to be from Karachi, the economic hub of the country, sources said.
“Prominent businessmen Aqeel Karim Dhedi and Abdul Razzaq Dawood, renowned tax expert Shabbar Zaidi, renowned businessman Arif Habib and other members of Pakistan Business Council (PBC) will be guiding or supporting the economic team of the new government as the Finance Minister Asad Umar enjoys good ties with them,” the sources claimed, adding that Aqeel Karim Dhedhi (AKD), stock market tycoon and Abdul Razzaq Dawood have already held a meeting with Imran Khan (now Prime Minister) on August 12 at Bani Gala.
