A series of five two-day workshops for bankers, organised by he Business Solutions in association with PAF-KIET concluded at the Learning Resource Center, State Bank of Pakistan. Picic Executive Vice-President M. Farid Alam facilitated workshop on the money market on first day.
He covered an overview of the financial sector in Pakistan, functions of Treasury Department; Understanding Balance sheet and; Pricing Assets & Liabilities.
Muhammad Haneef Akhai discussed Term structure of interest rates; gapping; money market instruments & transactions, and auction and OMOs on the second day.
Forward Market; cash flow in forex market; value and cross dates were explained by Muslim Raza of ABN Amro Bank on the first day of workshop on Forex Market. Mashkoor from MCB Bank covered forex swaps and; identifying and managing foreign exchange exposure on the second day.
The third workshop on 'Derivatives & Risk Management' was facilitated by Muhammad Ejaz, country treasurer, Saudi Pak Commercial Bank on the first day. Imran lqbal Janjua from United Bank Limited talked about derivatives (futures; options and swaps) on the second day.
Liaquat Durrani, managing director, BSC State Bank of Pakistan distributed the certificates.
The workshop on Corporate Governance & Social Responsibility covered an introduction impact of Globalisation; Best Practices; Corporate Culture; Environment and Obligations and; Corporate Social Responsibility.
Riaz Ahmed, director, Corporate Services Department, State Bank of Pakistan, and S.M.I. Rizwe, Head MDW, Allied Bank Limited, acted as facilitators.
The fifth workshop on "Risk-Based Auditing was facilitated by Shaukat Zaman, Aziz A. Lakhani, Asif Mumtaz, and Muddasir Hussain. They covered Risk Fundamental, Organisational Level Risk; Process Level Risk; Assessment and Risk-Based Auditing of Information Systems. Shafiqullah, chief manager, Banking Services Corporation, State Bank of Pakistan distributed the certificates.-PR