Friday, April 10, 2020

Pakistan: Aamir Khan appointed as key regulator’s head

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Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

The government of Pakistan on Friday approved appointment of eminent financial sector professional Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP).

Aamir has been working as Commissioner, company Law Division (Corporate Supervision) and Commissioner Specialized Companies Division at SECP.  He was appointed by the Imran Khan’s government as a commissioner in 2018.

According to a notification issued by the Finance Division here on Friday, the federal government has appointed Aamir Khan as Chairman SECP with immediate effect.

Aamir Khan has extensive experience, spanning almost 30 years covering banking, capital markets, structuring of financial solutions/products, leading national initiatives, business transformation, and regulatory reform.

Read also: Federal Cabinet appoints Farrukh H. Sabzwari as SECP Chairman

Since 2012, he has been serving as an Executive Director (ED) at the SECP. During his tenure of over 6 years with SECP, he headed key operational departments i.e. Specialized Companies Department, Securities Market Surveillance Department, Commodities Market Department and International Relations, in addition to Chairman’s Secretariat and Media Department.

Khan has led key initiatives at SECP such as launching of Commodity Murabaha at PMEX, Agri related initiatives, bringing Microfinance companies onto SECP’a regulatory ambit, finalising of numerous laws and improving business climate.

In his role as commissioner, he has led efforts aimed at digitising SECP operations, making corporate laws business friendly and supported EoDB and CODB related reforms.  He is known for his commitment to wide-ranging reforms, improving business climate and inculcating transparency and accountability.

Aamir Khan also has extensive experience in corporate, investment and institutional banking, in and outside Pakistan. He has also served on senior positions at Standard Chartered Bank, Royal Bank of Canada, and American Express Bank Ltd.

He is a Chevening Scholar, has an MBA degree as well as MSc in International Banking from UK.

Read also: SECP notifies Listed Companies “(Buy-back of Shares) Regulations, 2019”

Zubair Yaqoob
Zubair Yaqoob
The author has diversified experience in investigative journalism. He is Chief content editor at wnobserver.com He can be reached at: [email protected]

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