State Bank of Pakistan
Husain became the Governor of Pakistan's Central Bank in December 1999. During the next six years, he implemented a major program of restructuring of the Central Bank and steered the reforms of the banking sector, which are now recognized by the World Bank and IMF to be among the best in developing countries. The main ingredients of the program were merit-based recruitment, competency-enhancing training, performance-linked promotion, technology-driven business process and induction of high-level skilled human resources. He placed great emphasis on practicing values such as integrity, trust, teamwork for the entire work force starting from the top.
Read more about this topic: Ishrat Hussain
Famous quotes containing the words state and/or bank:
“To educate the wise man, the State exists; and with the appearance of the wise man, the State expires. The appearance of character makes the state unnecessary. The wise man is the State.”
—Ralph Waldo Emerson (1803–1882)
“It was like passing a boundary to dive
Into the sun-filled water, brightly leafed
And limbed and lighted out from bank to bank.
That’s how the stars shine during the day.”
—Wallace Stevens (1879–1955)