Mr. Jameel Ahmad has been appointed as Deputy Governor by the Federal Government on April 11, 2017 for a period of three years.
Mr. Jameel Ahmad’s illustrious career as an accomplished central banker spans over 26 years working at senior positions at the State Bank of Pakistan (SBP) and the Saudi Arabian Monetary Agency (SAMA). His association with the SBP dates back to 1991. Prior to his appointment as Deputy Governor, he was serving as Executive Director, Banking Supervision Group and Financial Stability. He has also served as Group Head Operations, Banking Policy & Regulations, Development Finance and Financial Resource Management. In July 2009, he was appointed as Advisor to Saudi Arabian Monetary Agency (the Central Bank of Saudi Arabia), a position he held until April, 2015.
Mr. Ahmad is also a member of SBP’s Monetary Policy Committee, the position he held as Executive Director, Banking Supervision Group, and will continue to hold as a Deputy Governor. He also contributes in various management committees including Banking Policy Committee, Payment Systems Policy Committee, Enterprise Risk Management Committee and the Corporate Management Team. He also represents SBP on two international committees including Financial Stability Board (FSB)’s Correspondent Banking Coordination Group and the Basel Committee on Banking Supervision (BCBS)’s Task Force on Prudential Treatment of Assets. He was also a member of the IFSB’s Technical Committee and its working Groups on Risk Management, Supervisory Review Process, Capital Adequacy and Determination of Alpha Factor.
During his association with SAMA, Mr. Ahmad represented SAMA on many working groups / task forces of the BCBS including its Large Exposures Group, High Level Task Force on Sovereign Exposures, Task Force on Prudential Treatment of Assets and Supervision & Implementation Group. He also represented SAMA on FSB Compensation Monitoring Group, G20 Task Force on Financial Safety Nets, IFSB Working Group on Capital Adequacy and IFSB Task Force on PSIFIs.
Mr. Ahmad has also served as Member Board of Directors of the Institute of Corporate Governance of Pakistan, Chairman of the Verification Committee constituted under the Corporate & Industrial Restructuring Corporation (CIRC) Ordinance of Pakistan, and Member / Secretary of the Task Force on Combating Counterfeiting of Currency Notes and Government Bills constituted by the Prime Minister of Pakistan. He has also represented SBP on many other national and international committees / foras.
Mr. Jameel Ahmad did his MBA from University of Punjab at Lahore in 1988 and is a Fellow Member of the Institute of Cost & Management Accountants of Pakistan (FCMA) since 1994, an Associate Member of the Institute of Bankers Pakistan (DAIBP) 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. Some of the other training courses he attended include courses at Toronto Centre for Leadership in Banking Supervision, Centre for Central Banking Studies of Bank of England, IMF Training Institute, SEACEN Centre, Office of the Superintendent of Financial Institutions Canada, and the BIS Financial Stability Institute, Switzerland.