The spokesman of Finance Division here on Thursday strongly rebutted print and electronic media reports regarding appointment of Mr. Atif  Bajwa, CEO of Bank Alfalah as Governor, State Bank of Pakistan (SBP).

Terming the reports as mere speculations, the spokesman said that at present no proposal for appointing Mr. Atif Bajwa as Governor, SBP is under consideration.

The process for appointing Governor SBP is however underway and a decision to this effect would be taken in due course. Till such time, Mr. Riaz Riazuddin shall continue to serve as the Acting Governor, the spokesman added.