Institute of Bankers Pakistan
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The Institute of Bankers Pakistan (IBP), ( ur, ) 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 Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former cap ...
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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."


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: *Academic Board *Finance Committee *Audit Committee *Editorial Board *Human Resource Committee *Building Committee *Board of Trustees


Institutional members


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: *Certified General Banker Program (CGBP) : At IBP School, this program was launched to create Potential Bankers for industry. Under the auspicious leadership of the senior management, The IBP School (TIS) aims to educate and train the candidates prior to joining the banking and financial sector as a profession. Certified General Banker Program (CGB) is a recent initiative under this flagship. Through this program, IBP aims to train the youth about banking procedures and technicalities involved while performing a task. 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. *Junior Associateship of IBP (JAIBP): The existing Banking Diploma (DAIBP) has been replaced with a high value qualification of Junior Associates of IBP (JAIBP). In JAIBP, the student is required to clear all the subjects of Stage I, II and III with one specialized subject. Business communication, accounting, macro economics, information technology, human resource management, monetary economics, management accounting and such other subjects are included in the Junior Associateship. *Associateship of IBP (AIBP): Associateship of IBP is awarded to those who have completed all the subjects of JAIBP/DAIBP, have at least 3 years of experience in the financial sector, have a record of 'continual professional development' (CPD) during the 3 years, and have passed 5 additional subjects, including corporate and banking laws, advance risk management, financial planning and budgeting, and such other subjects. *Fellowship of IBP (FIBP): Fellowship of IBP is awarded to those who have earned Associateship of IBP, possess at least 5 years of experience after completion of Associateship in the financial sector, have a record of 'continual professional development' (CPD) during the 5 years, and have passed 2 core subjects, including strategic management and risk management.


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.


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.


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.


See also

*
National Institute of Banking and Finance The National Institute of Banking and Finance (NIBAF) is a subsidiary of the State Bank of Pakistan (SBP) head by the Managing Director, a Board of Directors and the Governor of State Bank of Pakistan. NIBAF, a non-profit organisation, aims at pro ...
*
State Bank of Pakistan The State Bank of Pakistan (SBP) ( ur, ) is the Central Bank of Pakistan. Its Constitution, as originally laid down in the State Bank of Pakistan Order 1948, remained basically unchanged until 1 January 1974, when the bank was Nationalized and ...


Notes


External links


The Official Website of IBPIBP OriginThe Pak Banker International Finance Corporation
{{Authority control Banking institutes Banking in Pakistan Professional associations based in Pakistan Pakistan federal departments and agencies 1951 establishments in Pakistan State Bank of Pakistan