Karachi, October 31, 2025 – The Federal Government has appointed Muhammad Amin Khan Lodhi as the Deputy Governor of the State Bank of Pakistan (SBP) for a five-year term, effective October 30, 2025, according to an official statement issued by the SBP on Friday. Mr. Lodhi assumed his responsibilities on the same day.
A highly experienced central banker, Lodhi brings over 26 years of expertise in designing and executing Pakistan’s monetary and exchange rate policies. Before his elevation, he served as Executive Director of the Monetary Policy and Research Group at the SBP, where he led macroeconomic analysis, policy formulation, and data dissemination. He also supervised the preparation of the SBP’s key economic and research publications, contributing significantly to evidence-based policymaking.
Throughout his career, Lodhi has played a crucial role in several landmark reforms at the central bank, including the adoption of the market-based exchange rate regime, implementation of the interest rate corridor framework, and modernization of the Primary Dealers System for government securities.
He also spearheaded the development of SBP Vision 2028, the bank’s five-year strategic plan aimed at strengthening financial stability and economic growth.
Mr. Lodhi holds a Master’s degree in Development Economics from Williams College (USA) and a Master’s in Economics from the University of Karachi, reflecting his strong academic and professional foundation.
His appointment is expected to further reinforce SBP’s policy direction toward macroeconomic stability and sustainable financial sector growth.