Institute of Bankers Pakistan explained

The Institute of Bankers Pakistan
Established:1951
Type:Bankers training institute
Chairman:Ashraf Mehmood Wathra Governor of State Bank of Pakistan
City:Karachi
Country:Pakistan
Campus:Karachi Head Office
Affiliations:State Bank of Pakistan
Website:www.ibp.org.pk

The Institute of Bankers Pakistan (IBP), (Urdu: {{nastaliq|ادارہَ بینکارانِ پاکستان) established in 1951, is Pakistan's premier banking training institute, which aims to develop and groom a cadre of banking and financial services professionals on continuous basis. It is an ISO-9001-2000 Certified Organization. IBP has its head office in Karachi.

Mission statement IBP

"To train and develop a sound human resource base for the financial sector and to work for continuous learning, adaptation and application of knowledge."https://web.archive.org/web/20080622193523/http://www.ibp.org.pk/Vision.asp

Management of the institute

The management of the institute rests with the Council, which in effect operates as a board of governors. The governor of the Central Bank, State Bank of Pakistan, is the ex officio president of the institute. The chief executives of major local and foreign commercial banks are members of the Council and are elected by the IBP members for a three years term. The chairman of the Council has the right to nominate one IBP fellow with a distinguished record of performance as member of the Council. The IBP Council designates the chief executive of the institute for a three-year term. The chairman of the Council nominates two vice presidents from amongst the Council members. The Council also nominates following committees to assist IBP in its day-to-day operations:

Institutional members

Sl. No.Name of Institutional MemberSl. No.Name of Institutional Member
1.State Bank of Pakistan2.Al Baraka Islamic Bank
3.Allied Bank Limited4.Meezan Bank Limited
5.Askari Bank Limited6.Bank Al Habib Limited
7.Bank Alfalah Limited8.Bank of Tokyo-Mitsubishi UFJ Ltd.
9.Citibank N.A.10.Deutsche Bank AG
11.Dubai Islamic Bank Pakistan Ltd.12.Faysal Bank Limited
13.First Women Bank Limited14.Habib Metropolitan Bank Limited
15.Habib Bank Limited16.House Building Finance Company Limited
17.Industrial Development Bank of Pakistan18.JS Bank Limited
19.MCB Bank Limited20.Khushhali Bank
21.National Bank of Pakistan22.National Investment Trust Limited
23.Pak Oman Microfinance Bank Ltd.24.Pak-Kuwait Investment Co. (Pvt) Ltd.
25.Pakistan Industrial Credit and Investment Corporation Limited26.Punjab Provincial Co-operative Bank
27.Saudi Pak Commercial Bank Ltd.28.Soneri Bank Limited
29.Saudi Pak Industrial & Agricultural Investment Company (Pvt) Ltd.30.Bank of Khyber
31.Zarai Taraqiati Bank Limited32.United Bank Limited
33.SME Bank Limited34.Standard Chartered Bank (Pakistan) Limited
35.The Bank of Punjab

Courses offered

IBP Superior Qualification (ISQ)

The syllabus of IBP Superior Qualification is in line with that of other banking institutes worldwide. It is a unique qualification in the field of banking in Pakistan. Some courses offered are:

Both theoretical and practical methodologies would be used to provide the candidate with optimum knowledge prior to choosing the banking or financial industry as a career. Highly skilled and trained employees would be readily available for banks to choose from the job market.

The curriculum of CGB has been developed after a thorough research by IBP, under the supervision and guidance of the experience bankers and qualified trainers. This program has the support of the entire banking and financial sector which adds value to the qualification itself. Moreover, CGB opens new door of countless opportunities for candidates who wish to proceed with their career in banking.

MBA Banking and Finance

IBP offers MBA Banking and Finance program in line with the requirements of the financial sector with greater emphasis on relevant and applied curriculum. The structure of the program and the curriculum is based on the requirements of the banking & financial sector. The program including 4-month supervised internship is of 2 years duration. The trainers are from the fields of Banking, Finance, Academia and Consultancy.[2]

Advisory and consultancy services

IBP also provides advisory and consultancy services to the financial institutions in Pakistan. The domain for these services is broad, however, initially these consultancy services include developing Banking Operational Manuals, Guidelines, Reports and Presentations covering all banking related subjects including Risk Management, Anti-Money Laundering, Corporate Governance, Lending Operations, SME Finance, Micro Finance and all the other products and services of financial services sector.[3]

Publication

Since 1956, IBP has been publishing a journal namely Journal of IBP. It is a quarterly publication which covers original articles on critical issues in banking and finance. Around 12,000 copies are published and circulated locally as well as internationally.[4]

See also

External links

Notes and References

  1. Web site: ISQ-Rules-2007 . 2008-06-29 . https://web.archive.org/web/20080616061136/http://www.ibp.org.pk/ISQ-RULES-2007.htm . 2008-06-16 . dead .
  2. Web site: Institute of Bankers Pakistan . 2008-06-29 . https://web.archive.org/web/20080630095832/http://www.ibp.org.pk/MBA-BANKING.asp . 2008-06-30 . dead .
  3. Web site: Institute of Bankers Pakistan . 2008-06-29 . https://web.archive.org/web/20080705221659/http://www.ibp.org.pk/ACS.asp . 2008-07-05 . dead .
  4. Web site: Institute of Bankers Pakistan . 2008-06-29 . https://web.archive.org/web/20080702042839/http://www.ibp.org.pk/Randp-Competition.asp . 2008-07-02 . dead .