Governor of the State Bank of Pakistan (SBP), Mr. Jameel Ahmad, emphasized the importance of developing skills and setting high standards for the country’s financial sector. He addressed the audience at the launch ceremony of NIBAF Pakistan, a new entity formed by the merger of the National Institute of Banking and Finance (NIBAF) and the Institute of Bankers Pakistan (IBP).

Governor, Mr. Ahmad stated that NIBAF Pakistan will leverage the combined expertise of NIBAF and IBP to offer a wide range of training programs, certifications, qualifications and assessment services tailored to 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 will come from this union.  He shared his vision of making NIBAF Pakistan a leading institute for learning and development in banking and finance, focusing on innovation and adopting global standards.

Mr. Ahmad also noted that this merger aligns with 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 and utilize its resources for positive change and building a strong financial sector.

The launch event, which occurred at the NIBAF Pakistan Karachi Office, was attended by leaders from the finance and banking sectors, the corporate sector, development agencies, and academia.