Shahid Kardar tipped as SBP governor
ISLAMABAD: Shahid H. Kardar, a former finance minister of Punjab during early years of Gen Musharraf’s rule, has emerged as a strong candidate for the post of governor of State Bank. The post has been lying vacant for more than three months, triggering a legal issue.
An economist by profession who has been associated with a number of non-governmental organisations, Mr Kardar was inducted by Gen Musharraf as Punjab finance minister soon after the Nawaz Sharif government was toppled in a military coup in 1999. But he quit without completing his three-year tenure, citing difficulties in getting along with the dictatorial policies of the general.
A federal minister in the Shaukat Aziz cabinet said a letter written by Mr Kardar to the then Punjab governor criticising policies of Gen Musharraf had led to his removal.