Mr. Shoukat Bizinjo is the Divisional Head of Oversight Division in Payment Systems Department, State Bank of Pakistan (SBP), the central bank of the country. Prior to this, he served in Banking Inspection (BID) and Banking Policy & Regulation (BP&RD) Departments of SBP. His central banking career spreads over a period of more than 19 years. He has done Bachelor of Engineering in Computer Systems from NED University of Engineering & Technology, Karachi; Master of Business Administration (MBA) from IBA, Karachi and Diploma in Project Management. He has done professional certifications namely ISO-27001-Implementation Course and CISA (Certified information system auditor). He is also a member of Information Systems Auditing & Control Association (ISACA), Illinois, USA.
He has been the pioneering member responsible for establishment of Information Systems Examination Unit in SBP. Mr. Bizinjo has also been the key person who developed Information Systems Inspection Manual for the IS Examiners of SBP. He has thorough expertise in conducting audit of Enterprise Risk Management, Information Security Architecture, Business Re-engineering processes, and Core Banking application projects etc. He remained Team Lead for IS inspections in BID. In PSD, SBP his responsibilities include formulation of regulatory framework for payment systems in the country along-with working on oversight of retail and large value payment systems. In PSD, he led the teams which successfully completed the projects like Rules on Payment Systems Operators/Payment Service Providers; Regulations for Payment Card Security; Master Circular of Payment Systems Data; Streamlining electronic banking reporting of Microfinance Banks; streamlining the operations of Retail Banking Channels in the country like that of ATMs, POS, Online/Mobile & Internet Banking to ensure efficiency with security.
He has attended a number of international conferences/workshops on IT Auditing; Oversight of Retail & Large Value Payments Systems. Recently in July 2016, he attended a weekly a seminar held by Bundesbank, Germany on Payment and Settlement Systems. For the last many years, he has been delivering presentations on Payment Systems, E-Commerce, Risk Management, Cyber Security and COBIT etc.