diff --git a/CHANGELOG.rst b/CHANGELOG.rst
index 3dba8c5073..882aca08b4 100644
--- a/CHANGELOG.rst
+++ b/CHANGELOG.rst
@@ -2,8 +2,8 @@
 CHANGELOG
 =========
 
-1.16.3.dev
-==========
+1.16.3
+======
 
 * bug-fix: Local Mode: Allow support for SSH in local mode 
 * bug-fix: Append retry id to default Airflow job name to avoid name collisions in retry
diff --git a/doc/conf.py b/doc/conf.py
index f9e128fc21..01d5fe2624 100644
--- a/doc/conf.py
+++ b/doc/conf.py
@@ -32,7 +32,7 @@ def __getattr__(cls, name):
                 'numpy', 'scipy', 'scipy.sparse']
 sys.modules.update((mod_name, Mock()) for mod_name in MOCK_MODULES)
 
-version = '1.16.2'
+version = '1.16.3'
 project = u'sagemaker'
 
 # Add any Sphinx extension module names here, as strings. They can be extensions
diff --git a/src/sagemaker/__init__.py b/src/sagemaker/__init__.py
index 145483f51b..c991a58076 100644
--- a/src/sagemaker/__init__.py
+++ b/src/sagemaker/__init__.py
@@ -39,4 +39,4 @@
 from sagemaker.session import s3_input  # noqa: F401
 from sagemaker.session import get_execution_role  # noqa: F401
 
-__version__ = '1.16.2'
+__version__ = '1.16.3'