I must say that the Nawaz Sharif Government in 1997 had initiated some of the reform measures by appointing Chief Executives, Boards of Directors on non political, nonpartisan basis for the first time. That Government had also injected fresh equity to strengthen the capital base of the nationalized commercial banks.
Both Sartaj Aziz Sahib and Ishaq Dar Sahib were very much committed to put these banks on sound footing. They did away with the undue interference of labour unions in decision making process of the banks, abolished the Pakistan Banking Council and gave autonomy to the State Bank of Pakistan.