Dr Shamshad Akhtar (Urdu: ڈاکٹر شمشاد اختر) was appointed by the President Pervez Musharraf as the governor of the State Bank of Pakistan for three years in December 2005. She is the 14th governor of the State Bank and the first female to assume this position. Previously, she also held positions with the Asian Development Bank.
Born in the city of Hyderabad, Sindh, Dr Akhtar completed her Ph.D in Economics from Scotland's Paisley College of Technology. She has an M.S. in Economics from Quaid-e-Azam University in Islamabad and an M.A. in Development Economics from the University of Sussex, England. In 1987 she attended Harvard University under the Fulbright programme. Furthermore, she served in the World Bank prior to joining the State Bank of Pakistan.
Dr. Shamshad Akhtar took over as Governor, State Bank of Pakistan on January 2, 2006 for a three-year term. Dr. Akhtar, who is the first woman and the 14th Governor of the State Bank since its inception in July, 1948 brings rich experience, both national and international, to her new assignment.
Prior to her appointment as SBP Governor, Dr. Akhtar has been serving the Asian Development Bank (ADB) as its Director General, Southeast