Nod: Cabinet approves SECP chief hiring

Farrukh H Sabzwari approved as chairman of the Securities and Exchange Commission of Pakistan

ISLAMABAD: The federal cabinet approved appointment of Farrukh H Sabzwari as chairman of the Securities and Exchange Commission of Pakistan (SECP).

The cabinet, which met on Thursday, was chaired by Prime Minister Imran Khan.

Sabzwari was appointed commissioner at SECP on November 15, 2018. He would take charge of the chairmanship following the issuance of a notification by the Ministry of Finance.

Currently, Tahir Mehmood has the SECP’s charge as acting chairman.

Sabzwari is an MBA in finance with more than 25 years of professional experience in the capital markets in Pakistan and abroad. Before joining the SECP as a commissioner in December 2018, he was the CEO of BMA Capital Management, one of Pakistan’s largest firms dealing in financial services.

Published in The Express Tribune, December 28^th, 2018.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.