SBP for setting high financial standards

State Bank of Pakistan (SBP) Governor Jameel Ahmad has emphasised the importance of developing skills and setting high standards for the financial sector in the country.

He was speaking at the launch of Nibaf Pakistan, a new entity formed with the merger of the National Institute of Banking and Finance (Nibaf) and the Institute of Bankers Pakistan (IBP). The governor stated that Nibaf Pakistan would leverage the combined expertise of Nibaf and the IBP to offer a wide range of training programmes, certifications, qualifications and assessment services tailored to the needs of the financial industry.

He praised the hard work of the team involved in the merger, highlighting the improved efficiency and new opportunities that would come from the union. Ahmad shared the vision of making Nibaf Pakistan a leading institute for learning and development in banking and finance, with a focus on innovation and adopting global standards.

He also noted that the merger aligned with the national goals of advancing professional development, promoting best practices and supporting economic development initiatives. He encouraged banks and financial institutions to actively collaborate with Nibaf Pakistan.