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Mr. Muhammad Amin Khan Lodhi
Deputy Governor, State Bank of Pakistan



Mr. Muhammad Amin Khan Lodhi was appointed as the Deputy Governor of SBP by the Federal Government on October 30, 2025 for a period of 5 years. He assumed his responsibilities on the same day. In this role, he will be responsible for overseeing the SBP’s key economic and monetary policy formulation functions and economic publications.

Mr. Lodhi is a seasoned central banker, with a diversified experience of over 26 years in both formulation and implementation of monetary and exchange rate policies in Pakistan. Before assuming charge as Deputy Governor, he was working as Executive Director, Monetary Policy and Research Group at the State Bank. In this role, he led the preparation of macroeconomic analyses and projections for the SBP's Monetary Policy Committee; oversaw the preparation of SBP's flagship economic and research publications; and supervised the SBP's data dissemination process. Mr. Lodhi has also conducted extensive research in different areas of Pakistan's economy, including monetary policy and inflation, fiscal policy and debt management, and the financial system.

Mr. Lodhi has been deeply involved in other landmark initiatives at the State Bank as well, including adoption of the market-based exchange rate regime; designing and implementing the interest rate corridor framework for implementing monetary policy; and managing and reforming the Primary Dealers System of government securities. He also led the team that developed the State Bank's five-year strategic plan, SBP Vision 2028. Mr. Lodhi obtained his Master's degree in Development Economics from Williams College, US, and in Economics from the University of Karachi.

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