Karachi: During the launch of the Treasury Management Certification, Dr. Inayat Hussain, Deputy Governor of the State Bank of Pakistan, stressed the critical importance of ongoing professional development in the financial industry for sustaining long-term success.

According to State Bank of Pakistan, Dr. Hussain praised the collaborative effort between the SBP, National Institute of Banking and Finance (NIBAF), CFA Society Pakistan, and the Financial Market Association in developing this certification program. He highlighted that this initiative is essential to equip treasury professionals with the skills needed to cope with the fast-changing financial environment. The new certification program aims to maintain high-quality standards and ensure that the curriculum keeps pace with technological advancements and evolving market practices.

Dr. Hussain encouraged financial institutions to enroll their treasury staff in the certification program, emphasizing that such investments in employee development would enhance risk management, compliance, and adaptation to new technologies and market conditions. Mr. Mohammad Shoaib, Director of CFA Society Pakistan, noted that the certification not only covers conventional treasury products and concepts but also includes segments on Islamic treasury functions, which is crucial given the Supreme Court of Pakistan’s directive for a transition to an Islamic financial system.

The event marked a significant step toward boosting the qualifications and capabilities of professionals within Pakistan’s financial sector.