Passing of a Respected Economist
Pakistan has lost a respected and senior economist as former Governor of the State Bank of Pakistan, Dr. Shamshad Akhtar, has passed away. Her death has caused deep sorrow in financial, banking, and business circles across the country.
Cause of Death
According to reports, Dr. Shamshad Akhtar passed away due to cardiac arrest. After the news of her death, a wave of grief spread among institutions where she had served during her long career.
Dr. Shamshad Akhtar First Female Governor of the State Bank of Pakistan
Dr. Shamshad Akhtar served as the 14th Governor of the State Bank of Pakistan. She made history by becoming the first woman in Pakistan to hold this important position, which remains a major achievement in the country’s financial history.
Role in Pakistan Stock Exchange
She also served in several key positions in national institutions. Dr. Shamshad Akhtar was the Chairperson of the Pakistan Stock Exchange (PSX) and was associated with SSGC / SSDC boards, where she played an important role in decision-making and governance.
Contributions to Pakistan’s Financial Sector
Throughout her career, Dr. Shamshad Akhtar made valuable contributions to banking, economic policy, and financial management. Her work helped strengthen Pakistan’s financial institutions and earned her respect both nationally and internationally.
Funeral Announcement
According to her family, details about the funeral prayer will be announced later. No official timing has been shared so far.
A Great Loss for the Country
The passing of Dr. Shamshad Akhtar is a great loss for Pakistan. The country has lost a skilled, experienced, and visionary leader who dedicated her life to public service and economic development.
