Mr. Muhammad Amin Khan Lodhi was appointed as the Deputy Governor of SBP by the Federal Government on October 30, 2025, for a period of 5 years. He assumed his responsibilities on the same day. Mr. Lodhi is a seasoned central banker with over 26 years of diversified experience in both the formulation and implementation of monetary and exchange rate policies in Pakistan. Before assuming charge as Deputy Governor, he was working as Executive Director, Monetary Policy and Research Group at the State Bank.

In this role, he led the preparation of macroeconomic analyses and projections for the SBP’s Monetary Policy Committee; oversaw the preparation of the SBP’s flagship economic and research publications; and supervised the SBP’s data dissemination process. Mr. Lodhi has also conducted extensive research in different areas of Pakistan’s economy, including monetary policy and inflation, fiscal policy and debt management, and the financial system.

Mr. Lodhi has also been deeply involved in other landmark initiatives at the State Bank, including the adoption of a market-based exchange rate regime, the design and implementation of the interest rate corridor framework for monetary policy, and the management and reform of the Primary Dealers System for government securities. He also led the team that developed the State Bank’s five-year Strategic Plan, SBP Vision 2028. Mr. Lodhi obtained his Master’s degree in Development Economics from Williams College, US, and in Economics from the University of Karachi.