
Syed Shahzad Safdar Zaidi has been appointed as the Managing Director of the Deposit Protection Corporation (DPC) on February 18, 2026 by the State Bank of Pakistan (SBP), where he leads efforts to strengthen Pakistan
depositors' protection and enhance
Pakistan's financial safety net.
Mr. Shahzad embarked on his professional journey at SBP back in July 1994. He has over 30 years of experience at the SBP and SBP-Banking Services Corporation (SBP-BSC). Mr. Shahzad brings profound expertise in banking inspection, development finance, FE operations & adjudication, and human resource management to his current leadership role at the DPC.
Over a distinguished tenure spanning more than three decades, he contributed significantly to regulatory oversight, policy implementation, and institutional development.
Mr. Shahzad is a qualified Chartered Accountant, having earned his FCA from the Institute of Chartered Accountants of Pakistan in 1993, and completed his articles from M/s. A. F. Ferguson & Co., Chartered Accountants, being one of the top-tier audit and advisory firms in Pakistan.
Mr. Shahzad's unwavering dedication to professional growth is evident through his active participation in numerous international trainings and active participation in global forums. He has completed the Banking Supervision Training Program with M/S Arthur Andersen, US. His professional development also includes a high-level training in financial stability in London, UK, a program on Anti-Money Laundering and Combating the Financing of Terrorism by the Asian Development Bank in Tokyo, Japan.
Additionally, he has been engaged in global supervisory practices through training in Madrid, Spain. He also participated in the Conference of Directors of Supervision of Asia-Pacific Economies in Kuala Lumpur, Malaysia. These experiences underscore his strong commitment to regulatory excellence, and global best practices in banking supervision.
With his extensive experience and leadership acumen, Mr. Shahzad continues to contribute towards strengthening the deposit protection framework for depositors' sustained trust in Pakistan's banking sector.