State Bank of Pakistan Appointed Jameel Ahmad as New Governor

According to Notification of Finance Division on Friday the government has appointed Jameel Ahmad as Governor of the State Bank of Pakistan (SBP). Jameel Ahmad ha been appointed with immediate effect for a period of five years.

Dr Reza Baqir was previous Governor of State Bank of Pakistan. He completed his term in May 2022. Dr Murtaza Syed assumed responsibility of the role as acting Governor.

Biography of New Governor State Bank of Pakistan – Jameel Ahmad

As per information available on the SBP website, Jameel Ahmad was serving as the central bank’s Deputy Governor after being reappointed by the government on October 25, 2018 for a period of three years. He also served as Deputy Governor (Banking & FMRM) from April 11, 2017 to October 15, 2018.

“Jameel Ahmad has an illustrious career as an accomplished central banker span over 30 years at various senior positions at the State Bank of Pakistan and the Saudi Central Bank (SAMA),” as per SBP website.

He joined State Bank of Pakistan in 1991 in various capacities including Deputy Governor and Executive Director.

Prior to his appointment as Deputy Governor, he was serving as Executive Director, Banking Supervision and Financial Stability Group. He has also served as Group Head Operations, Banking Policy & Regulations, Development Finance and Financial Resource Management. He joined SAMA in July 2009 as an Advisor, a position he held until April, 2015.