National Institute for Banking and Finance Pakistan (NIBAF) and CFA Society Pakistan (CFASP) signed a Memorandum of Understanding (MOU) to collaborate for capacity development of professionals working in banking industry, development finance institutions, stock exchanges, and corporate sector.

Under this collaboration, the two institutions would support each other in matters and activities of mutual interest, such as joint training programs, webinars and conferences.  These institutions would also jointly develop and offer a “Certification in Treasury Management” for professionals working in the domain of treasury including front office, middle office and back office of the local financial industry.

The MoU was signed in a simple but graceful ceremony by Mr. Riaz Nazarali Chunara, Managing Director NIBAF, and Mr Muhammad Shoaib, Advocacy Chair, CFA Society Pakistan.  Mr Muhammad Ali Malik, Executive Director Financial Markets & Reserve Management Group, State Bank of Pakistan was also present on this occasion.