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Wolesi Jirga confirms Sediq as central bank governor

Wolesi Jirga confirms Sediq as central bank governor

Jul 08, 2015 - 14:06

KABULinfo-icon (Pajhwok): The Wolesi Jirgainfo-icon, or the lower house of parliament, on Wednesday confirmed Khalilullah Sediq as governor of Da Afghanistaninfo-icon Bank.

The government introduced Khalilullah Sediq to parliament for a vote of trust along with two nominees for Supreme Court members, Mohammad Yusuf Halim and Anisa Rasouli.

Presenting his plans to lawmakers, Sediq said he would introduce measures to prevent any crisis in the banking sector and rigorously implement laws against money-laundering and financing of terrorism.

Development of good banking, promoting non-cash payments, persistence in monetary policy would be his priorities.

Sediqi also underlined to maintain value of Afghan currency against foreign currency in the country.

During the session, 193 MPs were present and each nominee required 97 votes for confirmation. Sediq managed to bag 100 votes to be confirmed as central bank chief.

Sediq is the son of Mohammad Sediq. He was born in 1949 in Kabul. He completed his initial studies at Habibia High School in 1967 and received his bachelor degree in economics from Kabul University in 1971.

With 30 years of experience, he has served in various positions. Sediq worked in banking and commerce, leading committee of money and credit, served as general director of foreign trade, director of research department, deputy head of Da Afghanistan Bank (DAB), advisor of the DAB head, CEO Afghanistan International Bank (AIB) and head of the DAB.

He has lso attended meetings of International Monetary Fund in the US and some regional seminars. Sediq served as director of Private Banks Association (PBA) in 2012. He as able to get approved the anti-money laundering and anti-terrorist financing laws by the parliament.






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