Pakistan PM Sharif picks Muhammad Aurangzeb, CEO of HBL bank, in new cabinet

The undated photo shows CEO of Pakistan’s largest bank, HBL bank, Muhammad Aurangzeb. (Online)
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Updated 11 March 2024
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Pakistan PM Sharif picks Muhammad Aurangzeb, CEO of HBL bank, in new cabinet

  • Aurangzeb will likely be given the portfolio of finance minister
  • Aurangzeb picked over four-time finance minister Ishaq Dar

ISLAMABAD: The CEO of Pakistan’s largest bank was picked as a federal minister, according to a government document seen by Reuters, and sources said he was set to be appointed finance minister in a new cabinet that will take the oath on Monday.

The South Asian nation, beset by economic and political crises, held inconclusive national elections last month that did not give any party a majority, after which a coalition alliance elected Shehbaz Sharif as prime minister for a second time last week.

Sharif has included Muhammad Aurangzeb, chief executive officer of HBL bank (HBL.PSX), opens new tab, in the cabinet and he will be given the portfolio of finance minister, according to two sources — one in Sharif’s party and the other in the prime minister’s office.

Aurangzeb was picked over several veterans previously involved in handling the troubled $350 billion economy, including four-time finance minister Ishaq Dar, as the country looks to tide over a troubling time for its economy.

Dar was also named a federal minister and is likely to get the foreign ministry portfolio, the two sources said.

A spokesman for HBL said he could neither confirm nor deny any “speculation” about Aurangzeb’s appointment.

Pakistan’s current International Monetary Fund program expires next month, and Sharif has said his government would look to negotiate a new, longer term bailout to keep the country’s economy stable amidst high inflation and external financing requirements.

The new cabinet will be sworn in on Monday, over a month since the Feb. 8 national election. A letter, seen by Reuters, sent by Sharif to the president for the appointment of the cabinet showed a list of 19 names, including Aurangzeb and Dar.
 


UN torture expert decries Pakistan ex-PM Khan’s detention

Updated 12 December 2025
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UN torture expert decries Pakistan ex-PM Khan’s detention

  • Khan’s party alleges government is holding him in solitary confinement, barring prison visits
  • Pakistan’s government rejects allegations former premier is being denied basic rights in prison

GENEVA: Pakistan’s former prime minister Imran Khan is being held in conditions that could amount to torture and other inhuman or degrading treatment, the United Nations’ special rapporteur on torture warned Friday.

Alice Jill Edwards urged Pakistan to take immediate and effective action to address reports of the 73-year-old’s inhumane and undignified detention conditions.

“I call on Pakistani authorities to ensure that Khan’s conditions of detention fully comply with international norms and standards,” Edwards said in a statement.

“Since his transfer to Adiala Jail in Rawalpindi on September 26, 2023, Imran Khan has reportedly been held for excessive periods in solitary confinement, confined for 23 hours a day in his cell, and with highly restricted access to the outside world,” she said.

“His cell is reportedly under constant camera surveillance.”

Khan an all-rounder who captained Pakistan to victory in the 1992 Cricket World Cup, upended Pakistani politics by becoming the prime minister in 2018.

Edwards said prolonged or indefinite solitary confinement is prohibited under international human rights law and constitutes a form of psychological torture when it lasts longer than 15 days.

“Khan’s solitary confinement should be lifted without delay. Not only is it an unlawful measure, extended isolation can bring about very harmful consequences for his physical and mental health,” she said.

UN special rapporteurs are independent experts mandated by the Human Rights Council. They do not, therefore, speak for the United Nations itself.

Initially a strong backer of the country’s powerful military leadership, Khan was ousted in a no-confidence vote in 2022, and has since been jailed on a slew of corruption charges that he denies.

He has accused the military of orchestrating his downfall and pursuing his Tehreek-e-Insaf (PTI) party and its allies.

Khan’s supporters say he is being denied prison visits from lawyers and family after a fiery social media post this month accusing army leader Field Marshal Asim Munir of persecuting him.

According to information Edwards has received, visits from Khan’s lawyers and relatives are frequently interrupted or ended prematurely, while he is held in a small cell lacking natural light and adequate ventilation.

“Anyone deprived of liberty must be treated with humanity and dignity,” the UN expert said.

“Detention conditions must reflect the individual’s age and health situation, including appropriate sleeping arrangements, climatic protection, adequate space, lighting, heating, and ventilation.”

Edwards has raised Khan’s situation with the Pakistani government.