SBP Memorial Chairs in Economics

State Bank of Pakistan (SBP), the Central Bank of the country, regulates the monetary and credit system of Pakistan in the best national interest with a view to secure monetary stability and foster economic growth. SBP also promotes research activities and publish various reports covering major macroeconomic sectors of the economy.

As a part of its endeavor to enhance the standard of teaching and research in economics, especially in the fields of monetary policy, exchange rate management, capital flows, financial sector stability, and economic growth, SBP has established Chairs in the honour of its former Governors in various public sector universities.

SBP seeks applications from renowned academicians/ researchers to be recruited against the following vacant positions of the Chairs:

Sr. #
Name of Chair
Zahid Hussain Memorial Chair
University of Karachi
Shujaat Ali Hasnie Memorial Chair
University of Sindh
S. Osman Ali Memorial Chair
University of Balochistan
A.G.N. Kazi Memorial Chair
Karakoram International University of Gilgit Baltistan
I.A. Hanfi Memorial Chair
Bahauddin Zakariya University, Multan
Kassim Parekh Memorial Chair
Gomal University, D. I. Khan

Eligibility Criteria

PhD in Economics

Minimum eight (8) years of post-qualification teaching and/or research experience in the respective field of economics.


Candidate should have a minimum aggregate score of 12 as per the following criterion:

Each paper published in X or Y category Pakistani journals according to Higher Education Commission classification will be assigned a score of 1. In case of publication in foreign journals, the scores will be assigned according to the journal ratings by Association of Business Schools (ABS), as given at the weblink: []. The ABS classifies journals into four categories (1-4; 4 being the highest category). In this case the score will be same as that of category of the Journal (for example the paper published in category 1 will get a score of 1, and so on).

For example, if a candidate has 3 papers published in HEC recognized Pakistani journals (of X or Y category); 3 papers in international journals of category 2 as per ABS list; and 1 paper in an international journal of category 4 as per ABS list; then his/her aggregate score will be calculated as:

3x1 + 3x2 + 1x4= 13.


1) Monthly remuneration of Rs. 550, 000/- (Five hundred and fifty thousand rupees only).

2) Economy-class round-trip air-fare (from the nearest city with international airport to the city of Chair) to the appointee, spouse, and two children.

3) House/House allowance (to be provided by the relevant university), and other benefits.

Period of Contract

Initially the Chairs shall be filled on contract basis for two years, which will be renewable subject to the total service not exceeding six years.

Application Procedure

Interested candidates meeting the above mentioned eligibility criteria may send their applications (click here) along with detailed Resume/CV addressed to the Additional Director, Human Resources Department, State Bank of Pakistan, 10th Floor, SBP Main Building, I.I. Chundrigar Road, Karachi or by emailing to [email protected]

In case candidate is shortlisted, he/she will have to produce original alongwith attested copies of experience certificates, educational documents, CNIC/ Passport, copies of their publications, recent photograph(s), proof of distinction if any. Candidates serving in government/semi-government/autonomous institutions will have to produce NOC at the time of interview. Please mark the envelope with the position applied for. Female candidates and scholars residing abroad are encouraged to apply. Only short listed candidates will be contacted. Incomplete applications will not be entertained.

Misinformation and any attempt to influence the selection process will be considered a definite disqualification for current as well as for all future recruitments in the Bank, even if the candidate is otherwise qualified.

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