Pakistan appoints Shahid Ashraf Tarar as World Bank executive director

ISLAMABAD - Shahid Ashraf Tarar, a grade-22 officer of Pakistan Administrative Service (formerly DMG), will represent Pakistan as executive director in the Washington-based World Bank for next three years.

Tarar was working as the chairman of National Highway Authority (NHA) while the authority was implementing a major part of $56 billion China Pakistan Economic Corridor.

He will replace Nasir Mahmood Khan Khosa, also a DMG officer, whose tenure expires on November 1.

The World Bank assignment is considered a prized one who acts as executive director or alternate executive director on annual rotational basis on behalf of Afghanistan, Algeria, Ghana, Iran, Morocco and Tunisia and envisaged an annual salary starting $250,000 excluding other perks.