Mon, Sep

Wolesi Jirga confirms Sediq as central bank governor


khalilullah-sediqWolesi Jirga or lower house of parliament on Wednesday approved Khalilullah Sediq as governor of Da Afghanistan Bank.

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

Presenting his plans to lawmakers, Sediq said he would introduce measures to prevent crisis in banking sector and rigorously implement laws against money laundry 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.

In today’s lower house session, 193 MPs were present and each nominee required 97 votes for being elected to the posts.

Sediq managed to bag 100 votes and become the unity government’s governor for central bank.

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

During his 30 years experience, he served in various posts. 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.