ISLAMABAD: The federal cupboard on Friday issued notification for the appointment of two new commissioners on the Securities and exchange commission of Pakistan (SECP).

in step with the Finance division notification, the federal government has appointed government Director/ Spokesperson SECP Aamir Khan and Farrukh H Sabzwari as commissioners in SECP for a length of 3 years with instant effect.

Following the brand new appointments, the wide variety of commissioners now stands at five, finishing the fee.

Mr Khan has great enjoy spanning almost 30 years covering banking, capital markets, structuring of economic answers/merchandise, main country wide initiatives, enterprise transformation, and regulatory reform. Given that 2012, he has been serving as an govt director on the SECP.

at some stage in his tenure of over 6 years with SECP, he has led key operational departments which includes specialised businesses department, Securities market Surveillance branch, Commodities marketplace branch and global members of the family, further to Chairman’s Secretariat and Media department.

He has led key projects on the SECP which include launching of Commodity Murabaha at PMEX, agri-related initiatives, bringing microfinance agencies into SECP’s regulatory ambit, finalising of numerous legal guidelines and improving EoDB.

With over 25 years of experience, Mr Sabzwari brings with him a wealth of experience amassed thru his previous roles.

Having spent extra than two decades protecting the Asian Equities asset magnificence from big apple, Singapore and Karachi, Mr Sabzwari is properly entrenched in Asian equities and greater specifically Frontier Markets.

published in sunrise, December eighth, 2018