Regulatory Alerts2026-03-18 | Circular Letter No. 01 of 2026Assuming Charge as Executive Director, Banking Supervision Group
The State Bank of Pakistan’s Banking Supervision Group notified that Syed Jahangir Shah has assumed charge as Executive Director, effective March 17, 2026. The circular supplies his official specimen signature and direct contact details for all regulated financial institutions, including banks, DFIs, MFBs, and exchange companies. Institutions must update their official records to reflect this leadership transition and direct future regulatory correspondence accordingly.
Circulars/Notifications - BANKING SUPERVISION DEPARTMENT-1
BSD-1 Circular Letter No. 01 of 2026
March 18, 2026
The Presidents / Chief Executives All Banks / DFIs / MFBs / ECs
Dear Sir/Madam,
Assuming Charge as Executive Director, Banking Supervision Group
It is advised that Syed Jahangir Shah has assumed the charge of Executive Director, Banking Supervision Group (BSG), State Bank of Pakistan, Karachi with effect from March 17, 2026. His specimen signature and contact details are as under: SPECIMEN SIGNATURE:
Sd/- __________________
Syed Jahangir Shah
Executive Director
Banking Supervision Group 7th Floor, State Bank of Pakistan Karachi Phone: +92-21-99221496 Email: syed.jahangir@sbp.org.pk
Yours truly,
Sd/-
Abdul Rahman Arif Joint Director