All of Tarins men

Friedrich Nietzsches famed observation of "herd behaviour" is often witnessed in Pakistans banking circles.
High ranking bankers are known to take their teams along, when they move. A similar trend is now emerging amongst the technocrats working with the present government.
The latest in the saga of defection saw Salim Raza resign from his post as Governor State Bank of Pakistan. Reportedly, the relationship between the former governor and the government was strained for some time.
It might be important to note that it was under Shaukat Tarins watch when Raza replaced Shamshad Akhtar, who could have otherwise clinched a second term as SBP governor.
Tarins modus operandi has been developing a network of professionals and placing them in key posts to keep the ship on course. When he first arrived at HBL, he developed a team of bankers. That team subsequently moved with him to Union Bank, before being placed in key government positions during his tenure with the federal government.
Since Tarins departure from the Finance Ministry, a number of his appointees have relinquished their positions. The first to walk out was Sohail Diyala, who was a commissioner at SECP.
Now, Sakib Sherani, the governments Principal Economic Adviser, is reported to have tendered his resignation and rumours of the departure of Masroor Qureshi from the Ministry of Finance have also been making the rounds.
Just a couple of days before the announcement of the Federal Budget for the upcoming year, a resignation from the central bank governor sends negative signals to investors and donors alike. While involvement of the governor in the budget is limited, his departure points to the lack of strength of the countrys institutions.
Abdul Hafeez Shaikh is burdened with the task of recruiting able and qualified managers to keep the economy on course. No doubt, his connections with international experts will aid him. Whether or not they are willing to work with the government is a question, whose answer will come in due course.
Apparently, PM Yousuf Raza Gilani wants former governor Shamshad Akhtar to head the central bank. However, on her last trip to Karachi she was heard saying "I was offered, but I refused", when asked about a possible return to SBP.
Keeping in mind the time it took for the government to find Abdul Hafeez Shaikh, and he has his hands full in preparing and then getting the Federal Budget FY11 passed in Parliament, its safe to say Yaseen Anwar will be at the helm for quite some time.
Oh, should one also expect changes at the six joint-venture development finance institutions next?