Page 34 - NIBAF-Training Matters January - June 2023

training, which is mandatory to be
Workplace Ethics stages of RBS framework. Ms. Lay
Geok Yeo is an expert on digital
Public perception is grounded in
the way an organization operates
and deals with its internal and years of experience in regulatory
external stakeholders making it compliance in banking, payment
imperative for organizations that
carry national significance to model
ethical behavior in all its dealings.
Un-reprimanded unethical behav- days of the session were dedicated
ior can destroy the moral fabric of
an organization, leading to lower
productivity, diminished employee
loyalty and comprised reputation
for an organization. the key areas where challenges
were encountered and how they
Hence, NIBAF, through its trainings
continues to reinforce and uphold
the minimum standard that questions for clarity on key issues.
employees must observe to govern
themselves within the workplace.
One-day training on Workplace topics. The training also encom- by TC experts, including Mr. Anatol
Ethics was conducted by Mr. Sohail
Muhammad Ali, external trainer on
February 2, 2023. Mr. Ali shared with
participants the importance of EMIs, Inward Remittances, CBDC
organization’s culture assessment,
Tao of attitude and behavior, differ- of EMIs worldwide. The training
ence between compliance based ended with a discussion of Long Term Country Engagement
and ethic based approaches, work- challenges faced in DFS area and a
place ethics practices adopted by
world renowned organizations, map. This one-day program was
ethical decision making, ethical
principles, limitations and reviving
work ethics etc. The program was
attended by 15 participants from
SBP and SBPBSC. smooth transition from a compli- regulated sectors. Mr. Chris Cardoza
ance-based supervisory approach
Understanding Building Blocks of
Digital Financial Services(DFS) framework was successfully rolled
out on July 01, 2021 by SBP. over 28 years of experience as a
As financial institutions observe
remarkable growth and wide To address challenges and issues
acceptance from customers, NIBAF
has been offering courses to build
capacity of digital transformation
teams working in these institutions.
This program has been designed as
an introductory course to enable
users the spectrum of Digital Finan- They acknowledged significant “Change”, adaptive or transforma- fields of Enterprise Risk Manage- respect of the social construct of
cial Services and SBP initiatives in
this regard. Mr. Rehman Pervez, Supervision at SBP and stated that
Deputy Director, Payment Systems
Policy & Oversight Department, refinement of the framework. The
SBP with an extensive experience in
Digital Finance held a very interac- that in the changing dynamics of
tive session on February 23, 2023.
He started the discussion with the
evolution of payments systems and
further shared details regarding the
building blocks in DFS, Pakistan’s
DFS journey from BCO to RAAST in
2020, regulatory interventions imparting training and providing
leading up to the EMI Regulatory
Framework, innovations such as ing change of supervisory regime. tion goals or processes. The training
34
attended by all officers, is aimed at
Finance & Risk Management-
honing the work style of individuals
Understanding SBP Financial
through effective deployment of a
Statements conducted by Mr.
team environment in the training
Muhammad Aamir, JD, FD
where they are made to try to solve
a common task to practice vital
Banking Supervision-Bank
•
team building skills including, com-
supervisory framework and
munication and coordinating with
emerging issues conducted by
each other while working, defining
Mr. Iftikhar Ahmed Tari, SJD,
team’s mission and key milestones,
BSD-1
establishing and prioritizing of
with Python
ary 12, 2023. This program was an
goals etc.
•
Systemic Risk Assessment and
introductory course developed to
Macro-prudential policies
Multiple iterations of this newly
help new users understand python
Data visualization is becoming an
conducted by Dr. Jameel
libraries for data visualization and to
essential skill in many industries
designed training program were
Ahmed, SJD, FSD and Mr. Aqeel
and this is specially so for the finan-
equip them with tools to present
conducted at NIBAF-Karachi for the
Ahmed, JD,FSD
data in an easy to understand
participants from SBP. NIBAF has
cial sector where digital transfor-
mation and customer expectations
designed this program in coordina-
visualization with correct labels
Human Resources-Orientation
•
with readable values for quick
tion with M/s Cube Consulting
are causing immense pressure to
to HR Policies related to Career
decision making. The program also
various
fun-filled
incorporating
innovate and revamp products/pro-
Progression and Code of
cesses while regulatory compliance
focused on the use of matplotlib to
exercises and engaging discussions
Conduct, conducted by
to reinforce the basic value system
create different charts and building
has increased requirements for
Ms. Sahar Z. Babar, Director, HRD
vigilance and control.
a basic understanding of Applica-
of the officers. All the experiences,
games and debriefs included in the
tion Programming Interface to use
Managerial / Leadership Skills-
•
Mastering the data visualization
training are built around core SBP
Python libraries for assignments
managerial and leadership skills of
Communication for Leaders
values of Trust, Team Bonding,
tools enables professionals to derive
and various data-driven roles and
conducted by Mr. Asim Rashid,
participants and is comprised of 14
Research-Monetary Policy and
actionable insights from large and
Cross Functional Fluidity, Becom-
practice session on calling multiple
days training on central banking
Research conducted by Dr.
External Trainer
ing
Python libraries to creating multiple
Result
winning
Oriented,
complex datasets for support in risk
functions, people and leadership
Waqas Ahmed, Additional
through Collaboration, Open &
plots. Almost 20 participants from
reporting & analytics, customer
skills, and an exposure visit to Minis-
For the participants, a talk was also
Director, MPD
SBP and Commercial Banks attended
relationship management, fraud
Transparent Communication, help-
try of Planning Commission. This
arranged by NIBAF-Karachi on ‘’Role
analytics, audit analytics etc. In
the program appreciating the
ing others and growing through
Financial Markets & Reserve
of information and communication
iteration was attended by 30 partic-
•
feedback. These programs were
order to support bankers, develop
content and expertise of the trainer.
ipants from SBP including those
Management-The role of SBP in
in Central Bank Policy’’ delivered by
data visualization skills that range
conducted by Mr. Uzair Ausaf who is
who are currently on deputation
Mr. Abid Qamar, Chief Spokesman.
ensuring stability of interbank
a certified Trainer, Facilitator, Mod-
Team Building – Wining it together
from visualizing historical trends to
financial markets Foreign
with Depository Protection Corpo-
real-time analysis of complex trans-
erator & NLP Coach from the School
ration (DPC) and NIBAF.
Exchange Markets conducted
Upon completion of above listed
of Leadership, British Council, FnF
Fostering a teamwork culture has
actions and large volumes of data,
sessions, the participants travelled
by Mr. Baber Ali, SJD, DMMD
been a top priority at SBP to the
NIBAF-Karachi developed a new
and American Board of Neurolin-
from Karachi to Islamabad for the
The program was formally inaugu-
extent that it is embedded into the
course on data visualization tech-
guistics Programming and a certi-
Reserve Management Function
second phase of the training which
•
rated on January 23, 2023 at NIBAF
fied Human Resource Practitioner
work culture as a “core organiza-
niques using the most popular
included an exposure visit to Minis-
and its Challenge conducted by
Karachi Campus. Mr. Riaz Nazarali
Python visualization tools. Ms. Farah
from the University of Concordia,
tional value”. NIBAF regularly offers
Mr. Anser Sultan, SJD, IMID
try of Planning, Development and
Chunara, Managing Director-NIBAF
Canada. Mr. Uzair conducted excel-
Mehboob, CEO, Valider (Pvt) Ltd
team building trainings to help
Special Initiatives, one session on
and Syed Sajid Ali, Director-L&D
officers eliminate dysfunctionality
lent sessions with innovative activi-
who has extensive experience in
•
Dressing and Dining Etiquettes and
Financial Inclusion-Development
formally welcomed the participants
ties to help participants connect
from disconnect, break down silos
training professionals on Data
through an online zoom session
Finance, Financial Inclusion in
three day soft skills training cover-
with each other in challenging
visualization, Python, Artificial Intel-
within the team and promote
Pakistan etc. conducted by Mr.
and shared the salient features and
ing Leadership, Agility, Collabora-
build
to
ligence and Dashboard creation
office
scenarios
through
working
collaborative
a
Umair Ahmad, SJD, AC&FID
importance of the program. After
tion and Achievement Orientation
close-knitted team that ensure
formal inauguration, the program
through 2-Day class room and 1-Day
maximum productivity and a good
•
was started with a one-day session
outbound activity at Khanpur Dam.
Islamic Finance-Islamic Banking
work environment for all, while also
conducted by Mr. Farid Khan,
on Decision Making and Analytical
sensitizing participants towards
SJD, IFDD
On last day of the program, partici-
Thinking. The details of other
being conscious about the implica-
pants in groups gave presentation
sessions conducted during the
tions of their attitude and behavior
•
program are as follows:
on the central bank case study to
Cyber Security - Challenges/
at the workplace.
Threats of Cyber Security and
the panel and evening talk on
Managerial / Leadership Skills-
Existing Controls in place at
personal development was held
•
Mid-Career Management
SBP against cyber-attacks
with Mr. Zafar A. Osmani, an exter-
Decision Making and Analytical
Development Program
nal HR and Banking expert. Certifi-
conducted by Syed Adnan
Thinking conducted by Ms.
(MMDP) – Batch 2
Shireen Naqvi, External Trainer
cates were distributed by Mr. Riaz
Ahmed, SJD, OCISO
Nazarali Chunara, MD-NIBAF in the
The second batch of MMDP was
Banking Policy and Regulations-
Digital Financial Services
•
closing ceremony on February 9,
•
conducted from January 23 to
2023. All participants recognized
Banking Policy and Regulations
-Recent Developments, Issues
February 9, 2023 by NIBAF for OG-4
and Challenges and Introduction
conducted by Mr. Attaullah
and appreciated the endless efforts
officers who are eligible for promo-
Memon, SJD, BPRD
of new technologies and stability
of NIBAF team on successfully
tion in the next higher grade. This
of the payment system
conducting the program both at
program has been designed in
Exchange Policy conducted by
•
NIBAF Karachi and Islamabad Cam-
conducted by Mr. Sohail Javaad,
order to provide overview of key
ED, DFS and Mr. Ahmed Sumair,
puses.
Mr. Yasir Arafat, SJD, EPD
Business Writing and focuses on recognizing and under- 2023. The training was conducted Risk Management model under COSO framework initiatives taken by SBP to promote Data Visualization conducted this program on Janu- guided practice. The teamwork functions of SBP and to develop the • Monetary Policy and • JD, PSP&OD
and practical insights provided
program focused on promoting
leaders in nurturing meaningfully
Khurram Aleem Khan from M/s.
Being a responsible institution, SBP
SBP BSC against fraudulent activi-
Reporting Skills standing the need for change and by M/s. NDCTech who is an award- which has been adopted by SBP Environmental & Social Risk Man- Schuitema conducted the sessions ties and to enable them to effective- healthy eating habits. Mr. Tanzeel during the program. Participants engaged teams at workplace. acknowledges and promotes
banking supervision, and technolo- raising awareness on the challenges winning partner of Temenos, work- The “Risk culture” has come to be and SBP BSC as per the Board agement. Almost 26 officers from and discussed concepts of gender ly protect their operations, guided participants on nutrition-fo- also recognized that the training During the training participants responsible citizenship and expects
gy expert. She has accumulated 20 Effective communication is inevita- with the status quo to contain ing with 100+ banks globally, and embodied as an important element approved ERM framework and SBP and commercial banks attend- sensitivity, unconscious gender bias safeguard customer assets, and cused practices and sustainable equipped them with the necessary were engaged in group discussions, demonstration to
ble in all walks of life with clear and employee discomfort and resis- offering innovative solutions to of contemporary organizations experiences regarding the ERM ed the training. and discrimination to improve the maintain trust in the financial diets necessary for both mental and tools and techniques to adopt a activities, simulations, and role workforce.
concise writing ability an important tance to change. strengthen their banking capabili- from varied areas acknowledging it implementation journey at SBP organizational performance and system. The training sessions were physical well-being. Participants healthy lifestyle. Based on the feed- plays to comprehend the signifi-
systems, and financial advisory asset in business communication; a ties for the last twenty-two years. as as an object of focus, discussion and SBP BSC. This training was Gender Sensitization culture, sources of biases, fears and facilitated by Mr. Asif Mumtaz, Addi- assessed their current dietary back, two additional iterations were cance of engaging teams to devel- Hence, as the tax filing cycle is
areas, with 15 years based on her well-written note can lead to The program was conducted on The core topics covered during the and in spirit implementation. As attended by 31 officials from SBP biases towards the opposite gender tional Director-IAD, SBP BSC. routines and habits, and under the also conducted in June, 2023 for op strategies to effectively meet approaching, an orientation session
various roles in MAS. The first two informed decision while ambigu- March 6, 2023 at NIBAF-Karachi for training included Core-Financial Account- central banks have particular func- BSC. SBP is fully cognizant of the impor- and its root causes, processes in the During the training program, Mr. trainer's supervision, created new almost 80 participants. organizational expectations. Two on Filing of Income Tax
ous or unclear communication can the participants of SBP BSC by Mr. ing Implementation, Accounting tions that set their risk manage- tance of developing and sustaining workplace where gender bias Asif provided comprehensive diet plans and formulated goals for consecutive iterations of program organized by NIBAF-Karachi to
to discussions on the key challeng- confuse, misinform and mislead the Javaid Ahmed Bhatti, Director, setup of Securities application and ment systems apart from other Green Banking an egalitarian organizational occurs, national and international insights into the various elements self-improvement. The program Training Drive on Employee were conducted in May-2023 at provide necessary guidance to new
es faced during the transition to a management’s decision and also Currency Management Depart- Core-Financial Reporting Imple- organizations, NIBAF-Karachi devel- culture free from stereotypes and data on representation of women in of fraud, characteristics of fraud- also delved into enhancing sleep Engagement and Commitment NIBAF-Islamabad. A total of 35 and existing filers who are need
risk-based supervisory approach. damage the organizational repute. ment and attended by 18 officers mentation. Mr. Mohsin Raza and Mr. oped a training exclusively for SBP SBP issued the Green Banking any form of discrimination which corporate sector and leadership sters, the fraud triangle concept, quality and establishing healthy Including Communication Skills senior managers (OG-5 & OG-6) further guidance
The RBS project team presented SBP, being a regulatory body, has a from different offices of SBP BSC. Abdul Samad from NDCTech have BSC officers that focused on core Guidelines to acknowledge respon- may hamper employee success and positions, significance of gender and engaged participants in sleep habits, effective methods to from different field offices of SBP BSC of Income Tax Laws, proper filing
distinct style of communication This workshop comprised of covered these topics using different areas of operations and key risks in sibility of the financial sector and productivity in the workplace. In balance in the society and work- discussions around different fraud improve their sleeping patterns and NIBAF-Karachi, in consultation with participated in the training drive. procedures and t
both within the organization and its pre-reading materials, personality use cases and responded the queries the BSC operations. Since today’s guide the institutions in supporting this endeavor, various sensitization place, and exploring practical steps related scenarios. The training the importance of quality rest for Ms. Shireen Naqvi (Corporate Train- involved., Mr. Rajesh Kumar
were addressed. TC experts shared external stakeholders. Therefore, in assessments, individual and group of participants during the sessions. dynamic business environment policy initiatives for transforming a trainings are organized for employ- to reduce gender bias . The trainers sessions were conducted on May 15 overall well-being. er) and HRMD-SBP BSC, developed Likewise, another training drive is Maheshwari
their views, and participants asked order to maintain standardization exercises for learning and relearn- Overall 20 participants have attended requires that concepts and skills country’s economy towards a low ees to instill behavioral traits that discussed the importance of & 22, 2023 at NIBAF-Karachi with a comprehensive two-day training currently underway for middle nance, conducted a one-day online
across the organization, the ing of the art of Change in the the training from Finance, IT, continue to be updated, this course carbon and climate resilient econo- support development of an empa- gender sensitivity trainings as an participation of 36 officers. The third and final part of the program for the senior managers managers (OG-3 and OG-4 officers session on June 8, 2023
Central Bank Digital Currency (CBDC) Risk Based Supervision – 7th Movenpick Hotel in Karachi. The Additionally, the TC experts shared uniform communication style is personal and professional lives. In Treasury Operations, International has been developed to help partici- my. Green Banking envisions incul- thetic and frictionless work effective deterrent against sexual program emphasized on partici- (OG-5 & OG-6)
and Open Banking and many other Capacity Building Session week-long session was conducted their opinions on some output docu- being followed by SBP and its this context, participants were Markets & Investments, Internal pants’ brush-up their risk manage- cation of environmental conscious- environment. harassment as it helps participants Employee Wellness pants' physical health including central focus of the program
ments including on-site assessment subsidiaries. With a view to equip asked to complete online IPIP-120 Audit & Compliance and other ment skills to help them navigate ness as part of organizational understand the grey areas of work- bodyweight exercises, body emphasize the importance of Mr. Hasnain Badami (M/s Ingeni- the importance and benefits
passed discussion on global develop- SBP implemented the "Risk Based Monid– Program Director, Mr. Chris reports, off-site monitoring reports, and make the SBP BSC officers Personality Test developed by Lewis relevant departments of SBP. the evolving work environment and culture and reorientation of bank- The Gender Sensitization Training place interaction which can be NIBAF-KHI organized a one-day posture, e
ments in digital payments especially Supervision Framework" as part of Cardoza – Program Leader, and Ms. risk assessment documents, and aware of the prescribed formats Goldberg which was followed by work towards meeting business ing products/services and opera- Program at SBP has been designed misconstrued as intentional and newly designed program on workstations, and ergonomic prac- organizational levels wit
in the areas of Fintech Facilitation its Strategic Plan. To actualize relat- Lay Geok Yeo- Program Leader. Mr. knowledge of business. The third and communication style, various discussion of individual results. In T24 – BANKING objectives without compromising tions to reduce environmental in coordination with M/s Schuitema inappropriate behavior by the Employee Wellness for the partici- tices for office and
ed goals in the area, NIBAF and the Fazal Mahmood, Director-BSD-2, and fourth day were focused on the iterations of the two days training addition to this Mr. Bhatti also risk related protocols. impact of banks and the in a format that encourages partici- opposite gender and inaccurate pants of SBP. The primary objective ments. The trainer demonstrated and experiences of senior man
and Open Banking and legal nature Toronto Center (TC) signed a Memo- inaugurated the session and supervision of digital banks, and Ms. program on “Business Writing & discussed in detail the change A one-day specialized training on pants to voice their concerns in a perceptions of gender insensitivity of the program was to equip partici- key physical exercises targeting ers given their influential impact on
randum of Understanding for a welcomed the experts from TC and Lay Geok Yeo led the sessions. Reporting Skills” were conducted at management process, roles of “T24 Banking” was conducted for relaxed and non-judgmental and instances that are concerns of pants with the knowledge and tools cardio fitness, flexibility, and mus- the overall culture and engage- The iterations so far c
all the participants. He also thanked Discussions included regulations, NIBAF-Karachi by Mr. Javaid different stakeholders and SBP BSC officers on March 17, 2023 environment and to have an open power dynamics rather than necessary to make informed cular endurance. Moreover, partici- ment levels at workplace. have received special praise as they salari
Program to develop and imple- NIBAF for their support throughout licensing, authorization, supervi- Ahmed, Ex-Joint Director-SBP. He challenges faced by any organiza- at NIBAF-Karachi. The program was discussion on their grievances to gender. The trainers also discussed wellness choices aligned with their pants gained hands-on experience covered a wide range of relevant conducte
promising note on the future road- ment the Risk Based Supervision the seven sessions, considering this sion, and policy issues for digital delivered a comprehensive session tion while implementing change. conducted by Mr. Zeeshan Zafar, develop and support an inclusive what workplace diversity entails long-term fitness goals. The with desk stretches that they could During the program design phase, topics provid
(RBS) framework which included as a crucial part of SBP’s strategic banks. To develop a clear under- highlighting the challenges for He further briefed the participants Deputy Chief Manager, SBP BSC culture in the organization. This and how to identify and rectify their program emphasized the impor- easily incorporate into their daily the lead trainer Ms. Shireen Naqvi holistic under
attended by participants from SBP, seven capacity building sessions led initiative. Mr. Anatol Monid, the TC standing of the concepts, the TC effective communication, develop- about the business environment of Islamabad and Syed Aamir, Deputy program has been designed with own biases through filters to ensure tance of regular exercise, taking routines to stay focused and ener- conducted preliminary meetings ing em
SBP BSC and Commercial Banks. by TC for the SBP officials. From Program Leader, has extensive experts shared different case stud- ing strategy for purposeful business SBPBSC and change management Director, Strategic & Corporate innovative activities that support an environment of inclusion and proper nutrition, and effective strat- getic at work. Towards the end of with the NIBAF and HRMD teams iterations ha
2018 to 2021, six sessions were experience in conducting supervi- ies, which greatly helped the partic- writing and basic rules to keep in strategy adopted by SBPBSC. Affairs Department, SBP BSC. Since result oriented discussions under diversity. Officers from SBP, PSPC egies for enhancing mental the program, each participant and also paid visits to different field cover whole population of OG-3 and provided a c
conducted by TC to facilitate a sion and regulation across many ipants achieve conceptual clarity. mind while writing professionally. Another iteration of this program T24 is widely used as a core banking the guidance of professional corpo- and commercial banks participated well-being. The first iteration of the formulated an individual Wellness offices to assess the specific need OG-4 officers and so far three iteratio
He also covered the types of com- was conducted on March 20, 2023 application across SBP BSC, the rate trainers. Two important in the program appreciating the program took place on May 26, 2023 Plan and established personal goals and key elements of employee have been successfully delivered in per the prescribed procedure.
has been involved with SBP since On the concluding day, Dr. Inayat munication used within SBP and its at NIBAF-Karachi and attended by session was conducted in order to aspects of the program are a focus program content and the trainers with Mr. Tanzeel Raza, a corporate to bring about positive changes in engagement to be incorporated May-2023 for almost 50 officers.
to a risk-based approach. The RBS the initial stages of the develop- Hussain (DG-Banking & FMRM) and subsidiaries including the official 24 participants (OG-1 to OG-4). provide awareness regarding T24 group session in which both the and further suggested to conduct trainer and fitness expert, as the their daily routines based on the into the training program. As a Cyber Security Training
ment of the RBS framework. He has Mr. Arshad Mehmood Bhatti noting, letter, D.O. letter, U.O. Notes, Banking Application and its various genders are divided and encour- these sessions across all levels of facilitator and was attended by 27 learning gained from the program. result of this thorough exercise, the Filing of Income Tax Returns
(ED-BPRG) also joined the session, email, interoffice memorandum, T24 – FINANCE MODULES modules like Banking, National aged to voice their concerns the organization. officers from SBP. The initial part of NIBAF conducted three iterations program was meticulously crafted Cyber security training is an important
banking supervisor with the Office during which key takeaways from minutes of the meeting, etc. Prac- Prize Bond, National Saving towards the opposite gender and a the program was focused on of the program over the period. to emphasize the importance of Filing of Income Tax Returns may program that empowers individuals
of the Superintendent of Financial the session, overall progress of the tice session for drafting the differ- NIBAF has successfully conducted a Schemes and other relevant areas. role-play based ‘Theatre of Intent Fraud Risk Assessment mental health, covering different vision and culture of SBP BSC, seem complex and cumbersome to and organizations to defend against
encountered during and after the Institutions (OSFI) Canada and framework and future action plans ent forms of written communica- new training program on T-24 Various issues faced by end users (TOI)’ exercise in which the partici- types of stress and exploring The first iteration of wellness program address people management many, but nonetheless is an obliga- cyber threats, safeguard critical
transition, the seventh and last played an instrumental role in guid- were discussed. Concluding the tion was also held in the IT Lab Finance Modules comprising almost were also discussed and practical The session was conducted on April economy and the issued guidelines pants perform against a given In the financial sector, fraud risk healthy and effective stress man- took place in May, 2023 which challenges
capacity-building session was held ing the project team during the session, the ED-BPRG and under the guidance of the trainer. six and a half training days delivered system solutions were shared with 4, 2023 by Mr. Mudassir Ahmed, are the first step of the series of SBP script to understand the perspec- assessment plays a critical role due agement techniques and practice received high praise and appreciatio
from February 6-10, 2023, at the development and implementation DG-Banking & FMRM thanked the in two phases from March 13-22, participants. SJD, Accounts (HOK). Mr. Ahmed is interventions for a sustainable tives of different roles. Such activi- to the ever-evolving threats and of mindfulness as a relaxation tech- from the participants with particular communication and constructive within the due date
distinguished TC experts for shar- Change Management a certified CISA and CIA profession- economic environment in the ties help employees examine their reputational risks associated with nique. The second part of the reference to the depth of knowledge feedback, and elucidate the role of Federal Board of Revenue (FBR). on a monthly basis across the orga-
ing their knowledge and guidance. al with 20 years of experience in the banking sector. personal attitudes, beliefs in fraudulent activities. Financial nization to create awareness on
institutions must proactively identi- cyber security concepts, sensitize
progress in the area of Risk-Based tional, is a normal and permanent ment, Internal Audit, Business In order to highlight the impor- gender and enable them to differ- fy, evaluate, and mitigate these employees regarding the organiza-
element of an evolving organiza- Continuity Planning, and Enterprise tance of climate change and entiate valid and stereotyped fraud risks through regular and tion-wide implications of cyber
efforts will continue towards further tion. And since SBP is part of a Risk related consultancy assign- environmental degradation and its assumptions related to gender. The comprehensive fraud risk assess- threats and best practices to avoid
dynamic financial sector, cultural ments and also has extensive train- impact on the stability of the finan- training further enables the ments. To address this critical need, security breaches and infiltration by
DG-Banking & FMRM highlighted preparation and conditioning of ing experience in the said areas. cial system, NIBAF-Karachi orga- employees recognize gender roles, two iterations of a one-day training perpetrators. Two iterations of the
employees’ mindset for organic During the training, participants nized a one-day online training on privileges and discrimination within program were organized for SBP program were conducted in June-2023
supervision, SBP should also be acceptance of all incoming chang- were briefed about the concepts of Green Banking for SBP officials and genders, rethink their interactions BSC officers, with the primary for SBP officers by Ms. Aisha Arshad,
cognizant of emerging risks such as es, are crucial for frictionless evolu- risk, defining risk from a central commercial bankers. Mr. Zarak from a gender lens and decon- objective of raising awareness SOC Manager, Cyber Security
cyber security and climate change. tion within the organization. banking perspective, risk-related Khan, Assistant Director, SH&SFD struct gender stereotypes to build a about the process of identifying, Department, SBP. The trainer discussed
At the end, the DG-Banking & Hence, the change management misconceptions, risks-related conducted the session on April 13, gender sensitive and inclusive work evaluating, and mitigating poten- key issues related to cyber security
FMRM presented souvenirs to the training is regularly conducted at linkages and trade-offs with 2023 focusing on the nexus environment. tial risks. The training program also and skills needed to protect computer
TC experts and thanked them for SBP to help employees smoothly business objectives and risk mea- between climate change risk and aimed to equip participants with systems, networks, personal/official
adapt to transition in the organiza- surement and quantification tech- financial risk, international practic- NIBAF-Karachi conducted two the necessary knowledge and skills data and mitigation of potential
guidance to SBP’s officials in bring- tion be it in terms of the organiza- niques. and. The trainer further es and implementation challenges iterations of the program over the to effectively combat fraud and security breaches or incidents.
explained the three lines of defense in the area and overview of other period. Ms. Afia Mansoor and Mr. enhance the overall resilience of
Training Matters | January-June 2023