The Institute of Bankers Pakistan (IBP) was established in 1951 to institutionalize the process of developing a cadre of banking and financial services professionals and to groom them on continuous basis. IBP provided a platform for continuous professional development besides a reliable yardstick for assessing the quality and depth of knowledge and skills. During past 56 years rich history, IBP has risen both in size and stature. The reputation and status have been earned mainly through strict adherence to quality standards and continuous updation of intellectual and physical resources.  IBP after rigorous scrutiny by the BVQI is now an ISO–9001-2000 Certified Organization.  This vibrant and energetic Institute is now serving all the segments of financial services sector plus corporate.

The Corporate Structure

IBP is a not-for-profit corporate entity established under Companies Ordinance 1984 and is subject to the regulatory conditions and audit rules prescribed by Securities & Exchange Commission of Pakistan.

The Management

The management of the Institute rests with the Council which in effect operates as a Board of Governors.  The Governor, 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.  Chairman of the Council has the right to nominate one IBP Fellow with a distinguished record of performance as member of the Council. IBP Council designates 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:

1.                   Academic Board

2.                   Finance Committee

3.                   Audit Committee

4.                   Editorial Board

5.                   Human Resource Committee

6.                   Building Committee

7.                   Board of Trustees

As per rules at least one Annual General Meeting in a year is mandatory to approve the external auditor’s report, audited financial accounts, review the performance, approve the knowledge plan for the next year and to appoint the External Auditors for the next financial year.

Location & Coverage

The Institute is housed in its own purpose built building, located at the hub of banking and financial services sector.  It has ground plus three floors with covered area of about 46000 sq.ft. providing five fully equipped training halls, two auditorium, a 20 work station computer lab, a grand library, three foyers, cafeteria, car park, round the clock security, highly effective support services, facilitation desk and effective communication links. Training room and library are spacious and fully air-conditioned providing a congenial environment for the academic pursuits. The country-wide reach of IBP and provisioning of quality knowledge services are attained through 26 co-ordnating offices, spread all over Pakistan, whereas on the International front Twenty Overseas Co-ordinators are serving the cause of knowledge in USA, Canada, Europe, Australia, Africa and Asia.