The government is likely to appoint Deputy Governor State Bank of Pakistan (SBP) Saeed Ahmed as next President of National Bank of Pakistan (NBP). An official said short that listed names were forwarded to Prime Minister Nawaz Sharif for his approval and Finance Division was expecting to receive a response on Saturday. However, he claimed that Finance Division has not received anything from Prime Minister's Office so far, perhaps because it was not a working day. Some response may be received on Monday, he further stated.
Another official said that most probably Saeed Ahmed will be next the President NBP. Meanwhile, senior executive Vice President of NBP Masood Karim Shaikh was given additional charge of President of NBP with effect from January 21, 2017.