Page 28 - NIBAF-Training Matters January-March 2021

institutions. The session also provided a platform to adoption by financial institutions. Accordingly,
Special Asset Management (SAM) and recovery Financial Stability Department has also issued
teams of banks to discuss the challenges they are revised Guidelines on Stress Testing in Sept-2020.
facing in successful implementation of the NIBAF-Quetta conducted a session on the topic on
Ordinance. Feb 22, 2021. This was an interactive session with
an extended question/answer session to allow the
Banks being custodians of public money hold a
special position of trust and hence the employees participating bankers to discuss key issues and
are expected to exhibit strong ethical behavior in challenges in conducting stress tests under the
their dealings with their internal /external revised guidelines with the relevant team at SBP.
stakeholders. In order to promote healthy work The session was conducted by Dr. Jameel Ahmed,
environments in banks, NIBAF conducted two Senior Joint Director, FSD for 50 participants from
training sessions. The session on “Workplace Ethics” 19 Commercial Banks.
was conducted on Feb 22, 2021 in order to drive NIBAF-Quetta further continued with offering
participants towards conscious reflection to their subsidized programs under its Special Program for
personal ethics that provide the foundation for remote areas of Balochistan. Over the quarter,
business integrity. Mr. Tasnim-ul-Haq, Ex Head three online sessions (Teller training program ,
Legal and Company Secretary, Meezan Bank Ltd Currency Management Strategy and Legal and
with more than four decades of work experience in Regulatory issues in account opening were
both banking and non-banking financial sector conducted for a total of 68 participants from Bhag,
(Modaraba, Islamic Insurance, and Venture Capital) Chaman, Gawadar, Jaffarabad, Kalat, Kharan,
shared his extensive knowledge on the topic. Key Khuzdar, Killa abdullah , Killa Saifullah, Loralai,
discussion points included business ethics in a healthy Muslim bagh, Noshki, Panjgur, Pasni, Pishin, Sanjawi,
work place model, organizational expectations Sibbi, Sohbatpur, Turbat, Usta Muhammad and
from employees as representatives of the company Zhob.
and managing business relationships and rights of
key stakeholders (customer, suppliers, co-workers
and regulator). The session was attended by branch
level staff, Ethics and Compliance Officers, and
officers from Financial Risk and Control Departments
of banks. The other session was conducted on
“Workplace Harassment-Effective Policy
implementation and Case handling” by Ms. Maliha
Hussain, Executive Director, Mehergarh: A Center
for Learning on March 24, 2021. Miss Maliha
shared guidelines for effective policy
implementation of the relevant legislation at the
Organization/ Management level and promoted
idea of building a culture of zero tolerance with
officers from Employee Relations, Recruitment &
Organizational Development, Compliance and
Legal Affairs units of banks/MFBs.

As SBP has embraced the risk-based framework for
regulatory supervision, enhanced models of risk
assessment and control are being prescribed for

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