The new interim PM was named a day after Nawaz Sharif was disqualified by the Supreme Court.

In two separate meetings on Saturday, headed by ousted prime minister Nawaz Sharif, PML-N leaders decided to rally behind Nawaz's younger brother, Shahbaz Sharif, as his eventual successor, reported Dawn News.

A formal announcement has not been made so far.

Pakistan Prime Minister Nawaz Sharif on Friday stepped down from the post after the Supreme Court disqualified him from holding public office,media reports said.

The court was announcing its verdict in connection with the  Panama Papers case.

His stepping down brought Nawaz Sharif's third term in power to an unceremonious end.

He stepped down nearly an year before Pakistan would have participated in the scheduled general elections.

It is not clear so far that who will be appointed to the post till the elections next year.