Former SBP governor Dr Shamshad Akhtar passes away

Dr Shamshad Akhtar, former minister for finance and State Bank of Pakistan governor, has passed away at the age of 70.

Sources confirmed the death of Dr Shamshad, saying that it was a sudden death as she was not suffering from any serious illness.

Corporate Pakistan Group (CPG) Founder and former minister Muhammad Azfar Ahsan shared with Business Recorder that he came to know of Dr Shamshad’s death from the former SBP governor’s sister, who resides abroad.

“With deep sorrow, we share the sad news that our very own CPGian Dr. Shamshad Akhtar (Pakistan’s former Minister for Finance & Governor, State Bank of Pakistan) has passed away. Inna Lillahey Wa Inna Illaihey Rajeyoon.

“May Allah (SWT) grant her the highest place in Jannah and give strength and patience to her family, friends, and colleagues. Aameen,” Azfar wrote in a post.

The CPG founder said burial of the deceased will take place after Zuhr prayers on Sunday at Sultan Mosque in DHA, Karachi.