Banking on Better Corporate Governance

Amidst all the hoopla generated by the global financial and economic crisis, the need for a stronger and more robust regulatory regime has emerged as a common theme echoed by pundits of all ilk. However, in this drive for assigning a greater role for the state, the role of self-regulation should not be consigned to the bin of history. It was therefore good to read about Saleem Raza, the Governor of the Pakistan central bank, calling upon the banking sector to improve their corporate governance practices and enhance transparency through greater disclosure.

Click here to read what the Governor said.