ACKNOWLEDGEMENT

In the name of ALLAH the most kind and most mercifull.

First i am grateful to ALLAH ALMIGHTY who bestowed me with health abillity and guidence to
complete the project in successful manner and with out his help i am unable to perform this task

Introduction:
History:
The Sindh Bank Ltd, sponsored by the provincial government, has commenced
operations, opening its first branch on December 27, 2010. It would have been better,
however, if Government of Sindh had looked at the history of public sector financial
institutions in the country, before arriving to a decision. A summarised report on how
such organizations have fared is illustrative of the likely trajectory of the corporation.
Till 1973, Pakistan possessed a vibrant banking sector. Then the nationalisation tide
swept over the industry. From 1980 on wards, loans based on political interests began to
gain momentum; bad debts and write-offs mounted. Banks also had to foot the bill for
half-baked populist schemes, like the Yellow Cab program, which caused two big banks
to go under, being rendered bankrupt.
Subsequently, they had to be rescued by the State Bank of Pakistan (SBP) at huge cost to
the national exchequer. The industry was finally saved through privatisation and
deregulation. The fate of government-owned development financial institutions (DFI)
was much worse. From the 1990s to early 2000s, heavily burdened by bad debts, DFIs
began collapsing one after the other. If we look at the names of the fallen, we can gauge
the enormity of the loss, including institutions like PICIC, IDBP, NDFC, ADBP, Bankers
Equity and SBFC.
What about Bank of Punjab and Bank of Khyber, established by respective provincial
governments in the 1990s? Both suffered such massive losses, that they had to be bailed
out by SBP through loans of Rs 10 billion and Rs 3.0 billion, respectively. Even after
operating for over fifteen years, both have not been able to raise their equity sufficiently
to meet current SBP requirements. Both are plagued by nepotism in top-level
appointments, and in the disbursement of loans.
Reportedly, the main objective of Sindh Bank will be to provide credit to small and
medium enterprises (SME) and to small farmers. However at the present moment, the
countrys banks in the private domain are thriving and are providing furnishing credit to
SMEs, so the introduction of another financier in the market seems to be of dubious value
to the sectors being focused on. Furthermore, government-owned DFIS dedicated to
financing SMEs such as Small Business Finance Corporation, Regional Development
Finance Corporation, Punjab Small Industries Corporation, Sindh Small Industries
Corporation, and SME Bank- have all struggled to make a real impact on the
development of the sector in question.
Regarding agricultural credit, Pakistani banks have already been instructed by SBP to
provide this facility. In the public sector, Zarai Taraqqaiti Bank specialises in making
advances in this sector. Yet only five percent of total credit is made available to the
agricultural sector. The reason for this is that credit provision to farmers is considered too
risky. Noting the poor situation in this regard, the Government of Sindh can perhaps
better serve the agrarian community by boosting the credit-worthiness of small farmers,
though the implementation of certain measures.
For example, the government can play a more productive role by insuring that tillers are
receiving quality inputs without being overcharged and the monitoring of the activities of
middlemen who must pay fair market rates for products purchased. Production levels can

be ramped up by the provision of adequate water supply for irrigation, warning

cultivators prompt of potential insect and pest problems, providing guidance on
improving yields of crops and livestock and the enhancement of storage facilities.
The legacy of flawed government policies extends to other commercial and industrial
state-owned enterprises like PIA, Railways, Pakistan Steel Mills, Utility Stores
Corporation, PTDC motels and restaurants and other examples. These organizations are
losing over Rs300 billion annually. Therefore there is a need to acknowledge certain hard
facts. There is presently no need for another bank in the public sector. The expenditure
incurred in establishing and maintaining the proposed organization would likely lead to
huge losses in the future.
Lastly and perhaps, one must acknowledge that given past experience, the government is
perhaps not endowed with a capacity to undertake commercial enterprises on a profitable
basis. If Government of Sindh does not wind up the project, then, in the slightly modified
words of Air Marshal (r) Asghar Khan, They have learned nothing from history.

Importance Of Values:
Development:
Completion of all corporate formalities for incorporation
of the Bank and obtaining SBP license
Establishing a network of 50 on-line branches all over the country
Implementation of core banking software
Hiring professional and experienced staff
Earning significant pre-tax profit
Developing a sound deposit base
AA- initial credit rating
Various technology related IT initiatives
Development of Agri related products f or small farmers
Established relationship with local and foreign financial institutions.

Core Values:
Integrity:
Take pride in everything that is fair,honest and build trust in every situation.

Customer Focus:
We live by our customers success.We build lasting relationships with our clients.

Team Work:
We communicate actively and openly,We build trust by honoring our
commitments.We show respect for each other.

Innovation:
We are constantly looking for ways to innovate and improve.We embrace change as

an opportunity.

Vision And Mission:

Vision:
Our vision is to be a leading bank.Which would play a
positive role to generate economic activities for empowering
the people by meeting their financial needs for running a
successful business and create employment opportunities.
Mission:
To develop as a leading Commercial Bank in the country by
meeting its stated
objectives of promoting economic development of the country in
general and in the province of Sindh in particular.

Structure:
Hierarchy Of The Organization:

Mr. AKHTAR ALI KHAN (EVP-President / CEO's Sectt)

Mr. Khan holds Masters Degree and is Diplomaed from the Institute of Bankers Pakistan (DAIBP).
He joined Sindh Bank in July 2013. Mr. Khan possesses over 51 years of rich diversified experience in
the field of Banking. Prior to joining Sindh Bank he served Summit / My bank for 5 years as EVP /
Group Head, PICIC Commercial Bank for 2 years as EVP / RGM & Credit Head - South, Allied
Bank for 31 years with last position as EVP since 1994 & UBL for 10 years at different levels
including Manager.

Mr. KH. TAJAMMUL HUSSAIN (EVP / Head of Human Resource)

Mr. Hussain started his banking career in January 1983 & joined Sindh Bank Limited in November
2010. Previously he remained associated with NDFC / NBP during January 1983 - March 2002. He
moved to PICIC Commercial Bank Limited in April 2002. Lastly, he served mybank Ltd. as SVP /
Head of HR for about 3 years. He holds a Masters Degree and is a Diplomaed of Institute of Bankers,
Pakistan. He also possesses a Diploma in Management and Personnel Administration with distinction.

Mr. ANIS IQBAL (EVP / Head of Information Technology)

Mr. Anis Iqbal joined Sindh Bank Limited in December 2010 and presently heading Information
Technology Division. Prior to joining Sindh Bank, he remained associated with leading banks in the
country which included National Bank of Pakistan, Union Bank, Bank of Punjab, mybank Ltd. &
Zarai Taraqqiyati Bank Ltd. He enjoys over 29 years of rich experience in the field of IT and banking.
He has done his Masters in Computer Science from Quaid-e-Azam University.

Mr. TARIQ AHSAN (EVP / Head of Treasury )

Mr. Tariq Ahsan is an MBA. He joined Sindh Bank Limited in December 2010. Prior to joining Sindh
Bank, he possesses rich experience in Financial Institutions of over 21 years and remained associated
with Pak Brunei Investment Co. Ltd., PICIC Commercial Bank Ltd., Dawood Bank Ltd., Industrial
Development Bank of Pakistan, National Development Finance Corporation and Bank of Oman Ltd.

Mrs. MASOOMA HUSSAIN (EVP / Head of Operations)

Mrs. Masooma Hussain joined Sindh Bank in March 2011. She is a seasoned banker & possesses a
rich diversified banking experience of more than 36 years which includes about 30 years in MCB
Bank and over 6 years with Soneri Bank Ltd. Prior to joining Sindh Bank, Mrs. Hussain served Soneri
Bank as EVP & Controller of Branches.

Mr. KHAWAJA GHALIB (EVP/Group Business Head - South)

Mr. Ghalib joined Sindh Bank in June 2011. He is a seasoned banker and possesses a rich &
diversified banking experience of over 44 years. Prior to joining Sindh Bank, Mr. Ghalib was
associated with mybank (now Summit Bank) as Regional General Manager, South. He has also been
associated with PICIC Commercial Bank (now NIB Bank), K.A.S.B. Bank, Allied Bank & Habib
Bank Limited.

Mr. MAMNOON AHMED ALVI (EVP/Group Business Head - North)

Mr. Mamnoon A. Alvi joined Sindh Bank in June 2011. He started his career in 1963 and has a rich &
diversified banking experience of over 47 years. Prior to joining Sindh Bank, Mr. Alvi was associated
with mybank (now Summit Bank) as General Manager, Punjab & North. He has also been associated
with PICIC Commercial Bank (now NIB Bank), United Bank Ltd., BCCI & Habib Bank Limited.

Mr. SYED ASSAD ALI (Act. EVP / Regional Head-Sindh)

Mr. Syed Assad Ali joined Sindh Bank in December 2010. He holds a Masters Degree in Economics
and has over 12 years of banking experience in various Banks / Financial Institutions with
concentration in Retail, Corporate and Investment banking. Prior to joining Sindh Bank, he remained
associated with mybank Ltd., PICIC Commercial Bank Ltd. and Pakistan Industrial Credit &
Investment Corp.

Mr. (Lt.Col) SHAHZAD BEGG (Act. EVP /Head of

Administration)
Lt. Col. (Retd.) Shahzad Begg joined Sindh Bank Limited in December 2010. Prior to joining Sindh
Bank, he was associated with mybank for 3 years from 2007 to 2010. He has also served Pakistan
Army on various key positions and with diversified assignments. He has done his graduation from
PMA - Kakul and attended a number of administrative / professional courses.

Mr. SAEED JAMAL TARIQ ( EVP /CFO)

Mr. Tariq is a qualified Chartered Accountant and possesses a rich & diversified experience of
commercial & investment banking of more than 30 years since 1982. Prior to joining Sindh Bank on
7th May 2013, he was associated with KASB Securities as CFO & Company Secretary. He also served
KASB Bank, KASB Capital, Innovative Investment Bank, Crescent Standard Investment Bank,
Crescent Commercial Bank, Crescent Investment Bank & National Development Finance Corporation
(NDFC) in various administrative & operational capacities.

Mr. Khan is an MBA from the lnstitute of Business Administration (lBA), Karachi with
Diplomaed from the lnstitute of Bankers' Pakistan and Post Graduate Diploma in lslamic Banking.
He possesses about 30 years rich diversified experience in the field of Banking & Finance. He served
Habib Bank Limited for about 17 year at senior management positions including CEO, HBL
Mudaraba, Head, lslamic Banking, Head, Budgeting & MIS. Prior to joining Sindh Bank in
December, 2013, he was working with Habib Bank Limited as EVP / General Manager, Remedial
Assets Group. Further, Mr. Khan also worked with Pakistan Banking Council, National Development
Finance Corporation (NDFC) & M/s Rahim Jan & Co. Chartered Accountants

Mr. NAVEED ELAHI MALIK (SVP / Head of Compliance)

Mr. Naveed Elahi Malik joined Sindh Bank in November, 2014 as Head of Compliance - Vigilance
and Fraud Risk Management. Mr. Malik possesses rich and diversified banking experience of more
than 39 years and before joining Sindh Bank he worked in the capacity of Head of Compliance, Head
of Fraud Risk Management, Head of Legal, Head of Complaints, Head of Audit, Head of Internal
Controls, Head of Branch Operations, Head of Financial Crimes (NAB), Head of Marketing -Training
-Business Promotion and Branch Banking. Mr. Malik done his Masters in Economics, DAIBP
(Institute of Bankers Pakistan) and IIBI (Institute of Islamic Banking and Insurance)

Mr. SYED NADEEM ALTAF- SVP, HEAD OF CREDIT DIVISION

Mr. Syed Nadeem Altaf joined Sindh Bank Limited in January 2011. He is an EMBA with DAIBP
from the Institute of Bankers Pakistan. He has banking experience of over 18 years. Prior to joining
Sindh Bank, he remained associated with mybank Ltd., PICIC Commercial Bank Ltd., Bank Al Habib
Limited, Soneri Bank Limited, Saudi Pak Bank Limited (now Silk Bank Ltd.) and United Bank Ltd.

Mr. SHAMSUDDIN KHAN (SVP / Head of Legal Affairs / Company

Secretary)

Mr.Shamsuddin Khan joined Sindh Bank in March 2011.He is a Fellow of Institute of

Bankers,Pakistan and holds L.L.M.Degree in addition to over 40 years diversified experience in
financial sector. Prior to joining Sindh Bank, he remained associated with Pak Kuwait Investment
Co.NBP Fullerton Asset Management Co., National Investment Trust,Bankers Equity Limited,

Investment Corporation of Pakistan,Australasia Bank Limited & has been CEO of Pakistan Premier
Fund for 1 year.

Mr. SAFDAR KAZI (SVP/ Head of Risk Management)

Mr. Safdar Kazi joined Sindh Bank in March 2011. He is an MBA from the University of Wisconsin Madison, USA. He has about 38 years of diversified senior executive level experience in industry,
commercial banking, investment banking, leasing, and credit rating. Prior to joining Sindh Bank, he
remained associated with JCR-VIS Credit Rating Company Limited (JCR-VIS) as an Advisor from
2001 to March 2011,also a member of the board of directors of the Islamic International Rating
Agency.

Mr. SYED AFTAB AHMED SHAH- SVP , HEAD OF AGRICULTURE CREDIT

Mr. Shah is a seasoned banker. He joined Sindh Bank in June 2011 and has 30 years banking
experience. Prior to joining Sindh Bank, he was associated with Allied Bank Limited as Manager,
Regional Credit Administration Department, Karachi.

Mr. SHAHID S. A. MUGHAL (Act. EVP / Head Of Audit and Inspection)

Mr. Mughal is a Fellow of Institute of Chartered Accountants of Pakistan & also possesses Fellowship
of Institute of Corporate Secretaries of Pakistan. Prior to joining Sindh Bank Ltd., in Mar14, he
remained associated with First Women Bank Ltd., for about 10 years i.e., from Feb02 to Dec12 as
Head of Finance, Planning & Operations. He also headed Operations Division and worked as the
Company Secretary.

Mr. SHAUKAT JAVAID ANJUM (SVP / Area Manager)Khyber

Pakhtoonkhwa and Azad Kashmir
Mr. Shaukat Javaid Anjum join Sindh Bank in June 2011. He has an overall 37 years diversified
banking experience. Prior to joining Sindh Bank, Mr. Anjum has been associated with mybank (now
Summit Bank), PICIC Commercial Bank (now NIB Bank) and United Bank Ltd. The last position
held by him at mybank was that of Zonal Chief, Khyber Pakhtoonkhwa & AJK.

Mr. BABAR SAEED KHAN (SVP/ Head of Financial Institutions &

International Division)

Mr. Khan is an M.Com. Gold Medalist & also a Diplomaed of Institute of Bankers, Pakistan. He has
about 24 years diversified experience in Financial Sector. He remained associated with renowned
banks, such as, BCCI, Union National Bank (Abu Dhabi), The Bank of Punjab, Mybank & Summit

Bank Limited. Prior to joining Sindh Bank in Dec12, Mr. Khan served Summit Bank as SVP / Head
of Cash Management & Financial Institutions.

MR. SHARIQ JALEESI-VP, HEAD OF CREDIT ADMINISTRATION

DIVISION (CAD)
Mr. Shariq Hasnain Jaleesi joined Sindh Bank on 29th June 2012. He is a C.A. Finalist & Fellow of
Institute of Corporate Secretaries of Pakistan. He has about 17 years diversified banking experience.
Prior to joining Sindh Bank, Mr. Jaleesi has been associated with Habib Metropolitan Bank, Habib
Bank Ltd., Bank Alfalah Limited, Mybank Ltd., Habib Bank AG Zurich & MCB Bank Limited. The
last position held by him at Habib Metropolitan Bank was that of VP / Chief Manager, S.I.T.E.
Branch, Karachi.

Ms. SAIMA AZIZ ( Head of Marketing , Media and Publicity)

Ms. Saima Aziz possesses about 14 years diversified banking experience. She joined Sindh Bank in
Jun12. Prior to joining Sindh Bank, she remained associated with JS Bank, Atlas Bank, National
Bank of Pakistan & Standard Chartered Bank.
Reporting System:
Products And Services:
Student Loan:
In pursuance of the directives of the President of Pakistan, Sindh Bank Limited is pleased to launch
Student Loan Program cum employment for Post-graduation with a view to enhance education
in the country and support meritorious students who otherwise cannot afford cost of higher education.
The students of universities/colleges recognized by Higher Education Commission are eligible to
apply for the scheme.
Agriculture Loan:
Sindh Banks Agricultural loan policy focuses on supporting the small farmers in meeting their
funding requirements for the purchase of inputs and implements. Moreover, the Banks policy is
geared towards boosting agricultural production in the country to meet its growing demand.
To contribute to agricultural development by funding agricultural projects for farmers as Sindh
Bank Agriculture Loan is the official and specialized source of agricultural credit. The funding will be
through Sindh Bank branches and in compliance with its law and by-laws taking into consideration
that the Corporation is one important means to implement the national strategy of agricultural
development as well as contributing to mitigating burdens of agricultural risks.
Benazir Zarai Card:
The objective of introduction of Benazir Zarai Card is to improve farmers access, especially small
farmers.Agricultural credit facility would enable farmers to purchase quality farm inputs such as
seeds, fertilisers, pesticides etc.
The Benazir Zarai card will be issued for three years under this scheme for loans up to Rs 500,000.
Western Union Services:
1)Bring your Remittance Reference Number and any valid identification document (CNIC, Passport,
Drivers License) to receive your payment.
.Receiver's account in Sindh Bank is not mandatory.

Working Activities:
Name of Branch:
Sindh Bank.
Location:
Kalra Khasa Branch Gujrat.
Importance:
They give to people loan,tractor and many things of this kind.It plays a very important for farmer and
other peoples who need this so this bank is very helpful for people.
Functions:
Structure of branch:
Manager:
Shahzad Mehmood
Operation Manager:
Shagufta Jabeen
Cash Officer:
Munasaf Hussain:
Cash Incharge:
Abuzar Kaleem Mir
Link of branch with head office:
It linked VIA Internet And Fax.
Meeting person and his experience:
I meet with Operation manager of sindh bank Shagufta Jabeen she has two years experience in sindh
bank.She feels happy and proud in sindh bank.She provides security for Account Entrance and deal all
the Operations matter and she did audit conducts and Rectification.And she feels very happy in his
work and did his work with devotion.

My Experience
I was went in Sindh bank and I met with Operation manager Shagufta Jabeen she was fully corporate
with me.And she tells me all about his Job which she do and i learn almost every thing which she do
and then I was met with Cash Officer and from this i has learn how he do this.And then i met with
Cash Incharge and I has also learn which he did.The bank staff fully corporate with me and now i am
able to do this Job.