Shamshad Akhtar: Corporate governance for banks Speech by Dr Shamshad Akhtar, Governor of the State Bank of Pakistan, at the IBP Convocation, Lahore, 13 March 2008. *  *  *  This morning I propose to share with you my thoughts on the topical issue of “Corporate Governance for Banks”. Corporate governance revolves around the basic principles of fairness, transparency and accountability.
Contrary to the perception of many, good governance is not a new phenomenon – the concept of well governed companies has been there ever since formal businesses took over the barter trading system.