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The State Bank of Pakistan (SBP) (Urdu: بینک دَولتِ پاکِستان) is the Central Bank of Pakistan.Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was nationalised and the scope of its functions was considerably enlarged.
Nationality. Pakistani. Alma mater. University of the Punjab. Occupation. Economist, Banker. Jameel Ahmed is a Pakistani economist and banker who currently serves as the Governor of the State Bank of Pakistan. He assumed the position on 26 August 2022, after being appointed by the President of Pakistan for a five-year term.
No Governor Took office Left office Time in office 1 Zahid Hussain: 10 June 1948 19 July 1953 5 years, 40 days 2 Abdul Qadir: 20 July 1953 19 July 1960
Shamshad Akhtar is a Pakistani development economist, United Nations diplomat, banker and politician who served as the caretaker finance minister of Pakistan from 2023 to 2024 as well as from 5 June 2018 to 18 August 2018. [1] [2] Prior to that, she served as the 14th Governor of the State Bank of Pakistan, the first woman to assume this position.
Ishrat Hussain. Ishrat Husain is a Pakistani banker and economist who served as the dean of the Institute of Business Administration (2008-2016) and the Governor of the State Bank of Pakistan (1999-2006). [2] He presently serves as Advisor to Prime Minister Imran Khan for Institutional Reforms & Austerity, in office since August 2018.
Raast (Urdu: راست lit. 'direct') is an instant payment system developed by the State Bank of Pakistan (SBP). [1] It operates using the state-of-the-art Pakistan Faster Payment System (PFPS), facilitating real-time settlement of small-value retail payments, including inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions. [2]
In 2020, Murtaza Syed began a three-year term as Deputy Governor of the State Bank of Pakistan, appointed by the Federal Government under the State Bank of Pakistan Act 1956 (amended). [3] Syed has published multiple papers on macroeconomic issues and has lectured at Cambridge and Oxford Universities. [3]
Sima Kamil. Sima Kamil is a Pakistani banker, and since August 2020 the deputy governor of State Bank of Pakistan. In May 2017 she became the president and chief executive of United Bank Limited, [1] the first woman to lead a major Pakistani bank. [1] [2]