KARACHI: The federal government has appointed Riaz Riazuddin as Deputy Governor of State Bank of Pakistan (SBP) for a period of three years.
Prior to assuming charge as DG, Riaz has been serving as Chief Economic Advisor, State Bank and leading its monetary policy group of departments. He has around 20 years of central banking experience to his new assignments.
Before joining SBP in 1994, he has served at Applied Economics Research Centre (AERC), University of Karachi as Assistant Professor/Research Economist. He holds Master’s degrees from the University of Karachi and Boston University, USA in Statistics, Economics and Economic Policy.
His rich experience includes negotiations with the officials of various international and multilateral agencies including the IMF and the World Bank. He has been leading SBP technical teams in negotiating with the IMF, and representing SBP in policy level discussions.
There are multiple research initiatives to his credit such as the Financial Sector Assessment Reports, Inflation Monitor, SBP Research Bulletin and SBP Working Paper Series.
Riazuddin has also been serving as the Executive Director of Human Resources at SBP. As a manager, his accomplishments include restructuring of the research cluster of departments at SBP and team building to produce more focused output relevant to monitoring economic conditions and formulation of monetary policy.
Diversity of experience enables Riazuddin in handling research, teaching, and training assignments in interrelated fields of economics, banking and finance.
