Prologue
The Institute of Bankers Pakistan (IBP) was established in 1951, with a vision to contribute towards the technical training and development of competent human resource for the banking industry of Pakistan. Formed in collaboration with the Institute of Bankers, UK, to facilitate the financial and banking sector with skilled workforce, Institute of Bankers Pakistan is a not-for-profit entity incorporated under Section 42 of the Companies Act 2017.
A reputed and recognized entity in Pakistan, Institute of Bankers Pakistan offers a wide
variety of sector-specific trainings, professional development
programs and certifications for the financial sector.
Institute of Bankers Pakistan firmly believes in delivering quality services to enhance the potentials of banking and finance sector needs. Being ISO 9001:2015 certified, the Institute continues to uphold its commitment towards continuous improvement in its products and services.
At the time of inception, the Institute of Bankers Pakistan was formed with the sole purpose of administering the Banking Diploma program, earlier known as the DAIBP program, which was later revamped and renamed as Institute of Bankers Pakistan Superior Qualification. Over time, Institute of Bankers Pakistan’s scope of activities has significantly broadened and apart from offering and conducting the ISQ certification, Institute of Bankers Pakistan also offers the following services:
What’s Different when you Learn with us?
The Institute of Bankers Pakistan Superior Qualification (ISQ) program is a unique product offering that enables the bankers to stand out as leaders in the financial sector. The Institute of Bankers Pakistan Microfinance Diploma (IMFD) program and Professional Bankers (PB) program are other exclusive ventures of the Institute. The breadth of training, education and professional development programs at the Institute cover all major banking disciplines including: Operations, Branch Banking, Customer Services, Credit, Risk, Compliance, Corporate Governance, Islamic Banking, SME, Microfinance, International Trade Finance, Anti-Money Laundering, Combating Financing of Terrorism and Role of FATF etc. It has a faculty of some 125 visiting members and banking experts and conducts 200 plus Training Programs annually.
Institute of Bankers Pakistan takes pride in being associated with internationally acclaimed institutes from the banking and finance sector, which include Chartered Banker Institute (CBI), UK; Bangor Business School (UK); McKinsey Academy (USA), Omega Performance (Singapore); Finance Accreditation Agency (FAA), Malaysia to deliver international best practices for the banking community in Pakistan. Besides, it has signed MoUs with 4 Universities/Business Schools in Pakistan.
The Institute of Bankers Pakistan has its Head O ce at Karachi and a local center based
at Lahore. The Institute is overseen by a Council, which in e ect operates as a Board of Governors of the Institute of Bankers Pakistan The Governor, State Bank of Pakistan is the President of the Institute and the Chairman of the Council. Furthermore, the Chief Executives of the major local and foreign commercial banks are members of the Council and are elected by the Institute of Bankers Pakistan members for a tenure of three years. The Institute of Bankers Pakistan Council consists of a Chairman (the current Governor, SBP), ten Elected Members (CEOs of Banks), one Member nominated by the Chairman and one Member co-opted by the Council to represent the interests of co-operative banking (optional).
The Institute also has oversight committees to assist in its operations including the Academic & Editorial Committee, Finance & Investment Committee, Audit Committee, Human Resource Committee and the Board of Trustees
The Institute is headed by a Chief Executive (CE) who is based at Karachi Head Office and responsible for its overall administration and managing its affairs. He is assisted by a team of Directors and Heads of Departments.