In pursuance of Ministry of Law & Justice’s Notification No.F.1(2)/2017-A.I dated 30th January, 2019, Mr. Muhammad Kamran Shehzad has assumed charge of the Office of the Banking Mohtasib on 16th April, 2019 for a period of four years in terms of Section 3 of the Federal Ombudsmen Institutional Reforms Act, 2013.
Earlier, he was administered Oath of Office of the Banking Ombudsman by the President of Islamic Republic of Pakistan on April 15, 2019 in terms of Section 8 of the Federal Ombudsmen Institutional Reforms Act, 2013.
Muhammad Kamran Shehzad is an Ex-Deputy Governor, State Bank of Pakistan (SBP). His distinguished professional & central/commercial banking career spreads over a period of more than 38 years.
During his tenure in SBP he served at different senior positions of Director, Executive Director and Managing Director, SBP-Banking Services Corporation, a wholly owned subsidiary of SBP, before he was appointed by the Prime Minister as Deputy Governor, SBP. He has played a vital/lead role in implementation of Financial Sector Reforms and transformation of banking system to an existing strong dynamic and vibrant banking sector. Mr. Kamran is also the pioneer of establishment of Shariah compliant Islamic Banking, Micro-finance Banking and Introduction of AML/CFT & Compliance Regime. He was also on the boards of Pakistan Security Printing Corporation and National Institute of Banking & Finance. He has represented SBP & GoP in numerous national and international conferences, meetings, seminars, workshops etc.
Mr. Kamran’s professional experience prior to joining SBP covers a period of over 20 years. He earned a vast experience in banking, finance & oil sector during his stay at United Bank Limited-UBL (14 years) Industrial Development Bank of Pakistan (IDBP) & Pakistan State Oil Company (PSO).
Mr. Kamran holds degree in Master of Business Administration (Specialization in Finance) and M.A. (Economics) from the Punjab University, Lahore besides holding Diploma in Banking (DAIBP) from Institute of Bankers in Pakistan (IBP).