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Pak appoints investment banking expert as envoy to US

Press Trust of India  |  Islamabad 

has appointed investment banking expert Ali Siddiqui as its next to the US, government sources said today.

Siddiqui, son of Siddiqui, will replace Aizaz

Chaudhry's tenure is due to expire and the government hasn't offered him an extension.

Sources in the government said that after consultations approved the appointment and Siddiqui is expected to take up responsibilities next month after completion of formalities.

His appointment comes at a time of fresh strain in ties between and after the US successfully moved the (FATF) to place on the global terror financing watch-list.

Siddiqui was appointed as the to the PM on economic and business matters in August last.

He had also served as of Ltd, which was founded by his stockbroker-turned-banker father Siddiqui. He separated from business after his appointment as the


Siddiqui has no direct experience of diplomacy as he served at different positions in various business and commercial entities in and abroad. He was honoured by the as a Young Global Leader in 2014.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 18:15 IST
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