On Friday, appointment of Aamir Khan as chairman Securities and Exchange Commission of Pakistan (SECP) approved by federal for a period of three years with immediate effect.
The federal Cabinet also approved removal of the Chairman SECP, Farrukh Sabazwari from the chairmanship, According to a notification issued by the Finance Division.
The newly appointed SECP chairman has extensive experience in banking, capital markets, structuring of financial solutions or products, leading national initiatives, business transformation and regulatory reform.
Since 2012, Khan has been serving as an executive director with the SECP. During his service with SECP, he has headed key operational departments.
He has led key initiatives at SECP such as launching of Commodity Murabaha at PMEX, agriculture-related initiatives, bringing microfinance companies into SECP’s regulatory ambit, finalising of numerous laws and improving the ease of doing business.
A Chevening scholar, Khan holds an MBA degree as well as an MSc in International Banking from UK, where he specialized in balance-sheet management with derivatives. He is also an associate of the Institute of Bankers in Pakistan.
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