Who is new SBP governor Jameel Ahmad?
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Jameel Ahmad has a 30 years pf banking experience and was reappointed as deputy governor of the SBP by the federal government on October 25, 2018, for a period of three years.
He also served as deputy governor (Banking & FMRM) from April 11, 2017, to October 15, 2018.
According to his SBP profile, he has played an instrumental role in the digitisation of banking and payments as well as the enablement of fintech for offering innovative financial services in the country.
He supervised the formulation and issuance of Regulations for E-money Institutions in Pakistan. He also served as the chairman of steering committees on the implementations of Raast, Pakistan’s instant payment system; digital banking regulations and SBP’s Knowledge Management System.
He also oversaw the development and issuance of Pakistan’s National Payment Systems Strategy developed jointly by SBP and the World Bank.
During his association with the Saudi Central Bank, Ahmad represented SAMA on several high-profile working groups/task forces of the BCBS including its Large Exposures Group, High-Level Task Force on Sovereign Exposures, and Task Force on Prudential Treatment of Assets and Supervision & Implementation Group.
Ahmad did his MBA from the University of Punjab in 1988 and is a Fellow Member of the Institute of Cost and Management Accountants of Pakistan (FCMA) since 1994, Fellow Member of the Institute of Bankers Pakistan (FIBP) since 1993, and Fellow Member of the Institute of Corporate Secretaries of Pakistan (FCIS) since 1992.
He also won two gold medals and two certificates of merit for his distinguished achievements during academic/professional studies. He also received extensive on-the-job training in Banking Supervision under a World Bank Project during 1998-99 that included short attachments with various US regulatory Agencies.