Pakistan was named chair of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank for 2027, returning to the position for the first time since 1953, according to the country’s Ministry of Economic Affairs.

Minister for Economic Affairs Ahad Khan Cheema, who is also Pakistan’s governor to the World Bank, was formally announced as the incoming chair during the plenary session of the 2026 World Bank Group (WBG)-IMF Annual Meetings in Bangkok.