Sajjad Jafri is an Assistant Director in the Supervision Department (SUP) at the Bank of Canada. He leads a team responsible for payment systems oversight under the Payment Clearing and Settlement Act. He is also involved in various international initiatives and has contributed as a member of World Bank’s global advisory panel on remittances and a member of CPMI taskforce on cross-border payments.

Prior to joining the Bank in 2019, Sajjad held a diverse range of roles in private and public sector at the cross-section of public policy, risk management, and economics. His experience includes a leadership role with a global financial services company, a domestic FMI, the Canadian competition authority and as a management consultant.

Sajjad obtained his Master’s in Economics from Queen’s University.

Staff discussion papers

Public Policy Objectives and the Next Generation of CPA Systems: An Analytical Framework

Staff Discussion Paper 2015-6 James Chapman, Jonathan Chiu, Sajjad Jafri, Héctor Pérez Saiz
The payments landscape in Canada is rapidly changing and will continue to evolve, fuelled by strong and persistent drivers. In Canada, the Canadian Payments Association (CPA) is on a path to modernize Canada’s core payment systems.

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Journal publications