Karachi, January 19, 2026: NIBAF Pakistan successfully conducted its Internal Audit Certification Program from January 14–16, 2026 at the Karachi campus, focusing on enhancing audit competencies, risk awareness, and governance practices among central banking and payment system professionals.
The program brought together officers from the State Bank of Pakistan – Banking Services Corporation (SBP-BSC) and the Pakistan Security Printing Corporation (PSPC), reflecting a collaborative effort to strengthen institutional oversight and auditing capabilities across key financial entities.
The three-day face-to-face program was facilitated by industry experts Mr. Naushad Siddiqui and Mr. Hussein Hassan Ali, who guided participants through internal audit standards, risk-based auditing techniques, regulatory compliance, and emerging best practices tailored for evolving financial sector requirements.
Participants engaged in comprehensive sessions covering practical approaches to audit planning, execution, and reporting. Emphasis was placed on risk assessment, governance frameworks, and alignment with regulatory guidelines, ensuring that officers are equipped to implement effective internal controls within their organizations.
The program also highlighted the importance of adopting internationally recognized auditing standards and integrating structured audit methodologies to improve oversight and accountability. Participants were exposed to case studies and scenario-based exercises designed to bridge theoretical concepts with real-world applications in banking operations and payment systems.
Attendees noted that the program provided actionable insights to strengthen audit functions, mitigate operational risks, and enhance overall institutional governance. The training is expected to support SBP-BSC and PSPC officers in delivering higher-quality audit outcomes while promoting efficiency, transparency, and compliance within their organizations.
The successful completion of the Internal Audit Certification Program underscores NIBAF Pakistan’s commitment to professional development and capacity building within the financial sector. By offering targeted training aligned with sectoral requirements, NIBAF continues to cultivate a skilled workforce capable of navigating complex regulatory and operational challenges.
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