Page 2 - NIBAF-Training Matters July-September 2020

NIBAF | Jul-Sep 2020

Message from

Managing Director, NIBAF

I am delighted on the launch of the maiden issue of NIBAF virtual News
Letter. The Newsletter will show case NIBAF’s Training and devel-
opment interventions, seminars and conferences, calendars of trainings
programs and NFLP-Y activities. This will also highlight learning and
development trends and challenges, practices and standards in the inter-
national L&D industry. The newsletter will connect NIBAF to its stakes
holders and institutions looking for training opportunities in banking and finance. This shall also be a channel of two-way commu-
nication as our valued readers will share their feedback, comments and will contribute write-ups about their learning experiences at
NIBAF.
National Institute of Banking & Finance (NIBAF) – as the training subsidiary of country’s central bank, provides leadership in
learning & development for the banking and finance industry both domestic and International through its flagship courses in central
banking, commercial banking and Islamic banking besides other specialized and customized trainings. Over the years, NIBAF has
developed strong expertise in the induction level courses such as SBOTS, YPIP, OTP and MTOs. Moreover, NIBAF is the platform
for events held under the ambit of SAARC Finance. NIBAF also hosts seminars, workshops and evening talks on the topics of na-
tional economic interests and provides a platform to the policy makers, central bankers and academics (academicians) for discussions
and deliberations.

NIBAF has always been a source of strength for commercial banks in the country in their requirements for capacity building. To better
cater for the training needs of commercial banks and facilitate their participation, NIBAF extended its outreach and opened up region-
al campuses/training centers at all provincial capitals, and provided various trainings in the major cities. IBCC, Foreign Trade, AML/
CFT, Currency Management, Banking Operations, Customer Services, Prudential Regulations and Compliance Officers program
etc. Support from commercial banking in these trainings reflect not only success of our programs rather it testifies that bankers who
could not attend these trainings at Islamabad are benefiting from these opportunities. Yet, one step further ahead, NIBAF has started
conducting development finance awareness sessions and training programs in small cities across the country.
NIBAF has close working relationship with peer training institutes both locally as well at international level. We have signed an
MoUs with several local and international training providers including Toronto Centre. NIBAF has recently developed an understand-
ing with AAOIFI for extending cooperation in Islamic Banking programs.
NIBAF is spearheading the National Financial Literacy Program for Youth which aims at imparting money management skills and
use of financial services to the younger population of the country. Since the outbreak of COVID-19 pandemic, NIBAF has shifted to
online/virtual trainings both for the central bankers and commercial bankers which has received an overwhelming response. We are
also ready to offer our e-learning programs for wider audience and variety of subjects.
I wish to congratulate NIBAF team for successful launch of NIBAF Newsletter-which will further cherish a bond between NIBAF
and its valuable stakeholders in the days ahead.

Riaz Nazarali Chunara

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