Page 18 - NIBAF-Training Matters July - December 2022

and foreign institutes shall be
provided as SBP expects its team
to excel in their respective areas to
further our strategic goals.
Over the last two months, training
sessions on SBP functions and its
subsidiaries, Pakistan Economy,
Monetary Policy, Banking
Regulation, Commercial Banking,
Islamic Banking, and soft skill
training program on team building
and emotional intelligence have
been conducted for the batch. Mr.
Abid Qamar, Chief Spokesperson,
SBP gave an orientation on
functions of SBP while other senior
officers from respective
subsidiaries shared details of the
role function of each subsidiary.
Team from Monetary Policy and exercises to improve one’s been inducted from all parts of the
Research group briefed the Emotional Quotient. Besides these country. This course spanning four
participants on the structure and training sessions, the new and a half month aims to
trends of Pakistan economy and inductees were also given the professionally groom the
inter-linkages between Real, opportunity to interact with the top participants through a carefully
Financial, External and Fiscal management of SBP and other designed Management Trainee
sectors. Broad contours of intuitions. These interactions Program.
monetary policy framework and included interactive talks with Mr. The program was inaugurated on
institutional set up for its Arshad Mahmood Bhatti -Executive December 12, 2022 by Ms. Sima
formulation in Pakistan were also Director-BPRG, Mr. Qasim Nawaz- Kamil, Deputy Governor (FI, DFS &
discussed in detail. Experiences Executive Director-HR, Dr. Ali IT) through an online interaction
with monetary management, i.e. Chaudhry-Research Advisor-SBP, with the participants. Ms. Sima
both monetary easing and Mr. Zafar Masood- President of The reflected on the importance of this
tightening in recent times were also Bank of Punjab and Assistant induction program and
deliberated upon. Sessions on Secretary General of IFSB. encouraged the trainees to excel
Banking Regulations started with An exposure visits to SBP BSC and prosper as SBP will provide
an overview of financial system & Rawalpindi office was also them with the best of opportunities
regulatory bodies in Pakistan arranged to demonstrate functions to grow. Director AC&MFD, Mr.
further covering evolution of of different counters and latest Noor Ahmed also graced the
Prudential Regulations (PRs), its machines for banknote destruction occasion with his presence through
objectives and formulation and sorting. Excursion trip to zoom appreciating the efforts of
process. An overview of AML/CFT pipeline track Nathiagali and Hiking SBP in increasing representation of
regime, roles of different trip to Pir Sohawa were also women as well as encouraging the
stakeholders, their legal and arranged for the participants to EWLI-1 participants. To conclude
regulatory mandates as well as provide a holistic leaning the ceremony, Managing Director
responsibilities of key position experience. NIBAF, Mr. Riaz Nazarali Chunara
holders in banking institutions were congratulated the trainees on their
also covered. Sessions on Emerging Women appointment and also elaborated
Commercial and Islamic Banking Leaders Initiative on the details of the training
included an overview of financial program. The training sessions
system, comparison of Islamic and (EWLI-1) formally began during the second
conventional banking and lending half of December 12, 2022 with an
operations. Sessions of team Increasing the representation of orientation session of HRD
building and emotional intelligence women in the financial sector is one conducted by Additional Director,
were conducted by professional of the key agenda items of SBP and Mr. Wasim-ur-Rehman. The
trainers with the help of different an exemplary step has been taken following day was an insightful and
activities and group work to in this regard by initiating the interactive session on Origin of
enhance understanding of Emerging Women Leaders Central banks delivered by Director
individual’s role and expectations Initiative (EWLI-1). Under the EWLI- NIBAF, Mr. Sajid Ali. During this
as a team player and self- 1, forty-eight women with diverse session, the trainees were also
awareness and assessment educational backgrounds, have given an opportunity to deliver