The Currency and Banking Operations Group is the operational backbone of CBS, overseeing critical functions such as currency issuance, reserve management, and banking services. Guided by Executive Director Ahmed Bashir Hundubey, this group ensures the smooth functioning of Somalia’s financial infrastructure and supports the government’s fiscal operations through three departments: Financial Markets, Banking Operations, and Currency.

The Financial Markets Department manages Somalia’s foreign exchange reserves, ensures liquidity, and administers public debt. It comprises four key divisions: the Front Office – Reserves Management Division, which implements investment strategies and manages liquidity; the Middle Office – Reserves Management Division, responsible for risk oversight and policy compliance; the Market Monitoring and Analysis Division, which provides strategic insights on global and domestic financial markets; and the Debt Administration Services Division, which oversees public debt management in coordination with the Ministry of Finance.

The Banking Operations Department facilitates CBS’s role as fiscal agent, with the Accounts Division managing institutional accounts, the Treasury Division overseeing fund transfers, and the Banking Services Division providing secure financial services. The Payment Systems Division ensures the functionality of national payment platforms, and the Branches Division manages CBS’s regional operations.

The Currency Department oversees the issuance and secure distribution of the Somali Shilling through its Currency Planning & Printing Division, responsible for designing and printing currency, and the Currency Storage & Issuance Division, which manages currency storage and distribution. Together, these departments and divisions ensure the stability, inclusivity, and reliability of Somalia’s financial system.