Process to appoint new Pakistan army chief to begin within 7 days — defense minister

Pakistani Defense Minister Khawaja Muhammad Asif addresses on the floor of the National Assembly of Pakistan in the federal capital Islamabad on October 12, 2022. (Photo courtesy: Twitter/NAofPakistan)
Short Url
Updated 19 October 2022
Follow

Process to appoint new Pakistan army chief to begin within 7 days — defense minister

  • Defense minister says government yet to finalize new army chief’s name
  • Khawaja Asif rules out ongoing negotiations between establishment, ex-PM Khan

ISLAMABAD: Pakistani Defense Minister Khawaja Muhammad Asif said on Tuesday the process to appoint a new chief for the country’s all-powerful army would begin within the next seven days.

Pakistan’s current army chief, General Qamar Javed Bajwa, will complete his tenure on November 28. He became the army chief in November 2016 and was given a three-year extension in 2019 when now former PM Imran Khan was in power.

Though Bajwa, and the military’s media wing, have said the army chief will not seek a second extension and a new head of the army would be appointed on merit, there has been widespread speculation over whether Bajwa will actually retire and who the new chief will be.

Khan, who was ousted in a no-trust vote in April, has repeatedly alleged that the government of Prime Minister Shehbaz Sharif hoped to appoint an army chief of its choice who would not question it over corruption. Khan says the Sharif government, which came to power after Khan’s ouster through a parliamentary vote, has no right to appoint the head of the most important institution in the country and should announce fresh elections promptly and let a new, elected government appoint him.

“I think within the next five to seven days, the beginning of this exercise’s process [army chief’s appointment] should start,” Asif said during an interview with Geo News. “I say this on the basis of my estimate, based on my experience ... Otherwise, I don’t have any information.”

In response to another question, Asif said the government has yet not finalized a name for the new army chief: “No, we haven’t taken any decision yet, this much I can guarantee you.”

Reacting to widespread reports in local media that President Dr. Arif Alvi had arranged a meeting between Khan and top army officials, including Bajwa, to end the political stalemate in the country, Asif said a few meetings had been arranged by Khan’s aides in past weeks, ruling out ongoing talks.

“I don’t think any negotiations are taking place [between Khan and the military],” Asif said. “Imran Khan insists negotiations are taking place to give hope to his people.”


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 19 February 2026
Follow

Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.