Ijaz Butt's contract as the head of PCB ended on Saturday.

Ijaz Butt[PCB Chairman]

Pakistan cricket board's chairman Ijaz Butt has finished his 3 years constitutional contract as the head of PCB on Saturday, but he will be working as the chairman until Pakistan's president Mr. Asif Ali Zardari's next  decision who is also the patron of PCB.
Resources told us that Ijaz Butt will be working as the head until the next decision comes out from the President house.
"The matter of the extension of his tenure is under consideration.
As per the normal practice in our governmental system, anyone whose tenure ends can carry on with [the president's] consent.
So, while the case of his extension is being considered, he can work."
Farhatullah Baber told media on Saturday.