Vision
:
To
continuously strive to align the SBP strategic and corporate objectives
with the developments in the market and the best practices followed
by other central banks.
Mission :
To act as process owner and facilitator for formulating and implementing
SBP Strategic Plan, Annual Business Plans and the Business Continuity
Plan by developing a close coordination and liaison with key internal,
external and international Stakeholders
Departmental Objectives:
- Continuous
development, implementation and review of SBP Strategic &
Business Plans
- Perform
the function of coordinating and collating the SBP Strategic Plan
and the
-
Business Plans while reporting to BOD on quarterly basis
-
Playing the role of a coordinating office for developing the Financial
Sector Road Map and its implementation
-
Coordination with International Financial Institutions (IFIs)
such as WB, IMF, ADB and UNDP
-
Ensure continuity of critical and time sensitive functions of
SBP and prevention of major disruption in the financial system
through BCP.
-
Coordinate, finalize and Publish SBP Annual Performance Review
(Volume-II)
-
Coordinate with Consultants for completion of External Stakeholders
Survey
Departmental Structure:
S&CP consists of three divisions
and one service unit. A brief introduction of each is given as under:
1. Strategic Planning Division:
The purpose of strategic planning division is to facilitate the
process of formulation, review and implementation of SBP’s
goals and objectives, in line with the fundamental mission on a
regular basis. Strategic plans would set the direction for the organization
and would provide the framework for other operational processes.
Main responsibilities of the division include:
• Facilitation of the development of the Strategic Plan
for State Bank of Pakistan.
• Review and monitor the implementation of the Strategic
Plans on regular basis.
• Facilitate the development of Financial Sector Road Map.
2. Coordination Division:
The purpose of establishing this division at S&CPD is to coordinate
and facilitate with International Financial Institutions and Multilateral
Agencies on technical assistance programs. Besides, coordinate with
different departments of SBP on the preparation, finalization and
implementation of their Business Planning exercise. The main responsibilities
of the Division include:
• Coordination with World Bank (WB), International Monetary
Fund (IMF), United Nations Development Fund (UNDP) and Asian Development
Bank (ADB) Technical Assistance.
• Coordination with all the departments with regard to Business
Planning
• Coordinate the preparation of State Bank of Pakistan Annual
Performance Review (Volume-II)
• Coordinate the Preparation / Formulation of Monthly Summary
Report on various Developments and Initiatives undertaken in various
departments of State Bank of Pakistan
• Coordinate with Consultants (i.e. M/S Anjum Asim Shahid
Rahman, Chartered Accountants) regarding the successful completion
of External Stakeholders Survey
• Act as Coordination division on special topics as assigned
by the Governor
3. Business Continuation
Planning (BCP) Division:
This Unit is responsible for Business
Continuation Plan, which is an on-going process and Director Strategic
& Corporate Planning Department is also the BCP Coordinator
for the bank. The BCP for Departments and Offices are updated regularly.
Moreover, in order to maintain high level of readiness by Departments
and Offices tests and rehearsals are conducted by them and reviewed
by this Unit. Responsibilities of the Division:
•
Ensure Continuation of critical and time sensitive functions of
SBP and prevent any major disruption in financial system of the
country in the face of a catastrophe caused either by natural
disaster, fire, civil strife, sabotage or an act of war.
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