Mr Arshad Mehmood Bhatti

(Non-Executive Director)

Mr. Arshad Mehmood Bhatti was appointed as a member of the Board of Directors of Security Papers Limited in November 2023. He is a Non-Executive Director nominated by Pakistan Security Printing Corporation (PSPC). He is also a member of Board Nomination & Special Committee.

Arshad M. Bhatti, a veteran central banker, is working as Managing Director at Pakistan Security Printing Corporation (PSPC) (a wholly owned subsidiary of the State Bank of Pakistan) since October 2023. As an MD, he is responsible for transforming PSPC into a dynamic, technologically driven, and customer-focused organization that provides quality products to its stakeholders.

After completing MBA in 1977 from Quaid-e-Azam University, he has undergone extensive credit and management training at Citibank training centers abroad. He has also attended various seminars, workshops, and training sessions with renowned institutions such as World Bank, Harvard Business School & MIT Sloan Business School.

Before being elevated to the coveted position of Executive Director BPRG, he led the Exchange Policy Department (EPD) at SBP in rolling out various key policy reforms in the foreign exchange area that aimed at enhancing Ease of Doing Business; fulfilling the FX requirements of the stakeholders and instituting a robust FX policy framework. During his leadership FX regime was effectively revitalized by implementing far reaching foresighted initiatives like Investment Abroad Policy framework, Roshan Digital Account Easing out the commercial remittances, and revision of FX regulations for implementation of Pakistan Single Window. He was instrumental in engaging the industry players and instituted a process of dialogue, feedback and proactive policy response to FX market through indigenous and innovative solutions.

He has also served Banking Inspection Department SBP as Director for around four years, where he introduced some key reforms in supervisory regime. Before joining the State Bank of Pakistan, he worked in different managerial roles with Forest Development Corporation, Khyber Pakhtunkhwa, since 1991.

He is a fellow member of the Institute of Cost & Management Accountants of Pakistan, a Diploma Associate of the Institute of Bankers Pakistan and has Masters in Economics and Graduation in Forestry from the University of Peshawar, Pakistan. He has represented State Bank at various international fora and has participated in local and international trainings, workshops and symposiums.

He happily lives with his family in Karachi, is an avid reader and is passionate about nature and environment.  

He is also currently, the chairman & director of SICPA Inks Pakistan (Pvt.) Ltd and a Managing Director of National Security Printing Company (Pvt.) Limited.

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