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The federal government here on Saturday issued a notification, appointing Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect. The federal cabinet, earlier in its meeting held on August 9, 2019 had approved his appointment as the Chairman.

Khan possesses extensive and diversified experience spreading over 25 years, in the corporate/investment banking and the capital markets. According to the notification of the Finance Division issued on Saturday, in exercise of the powers conferred under section 6 of the Securities and Exchange Commission of Pakistan (SECP) Act 1997, the federal government has appointed Aamir Khan Commissioner SECP as the Chairman SECP in place of Farrukh Hamid Sabzwari with immediate effect.

Prior to his elevation, he had been serving the SECP as Commissioner, Company Law Division (Corporate Supervision) and Commissioner Specialized Companies Division. He also held the charge of Information System and Technology Department. In his position as Executive Director at the SECP for over six years, he headed key operational departments including the Specialized Companies Department, Securities Market Surveillance Department, Commodities Market Department and International Relations. Khan also served as Chief Spokesperson of the SECP. As a regulator of the corporate sector and capital market, he led key initiatives at the SECP.

Copyright Business Recorder, 2019


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