Capital markets: SECP constitutes consultative group

Forum will help develop efficient and modern market

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has constituted a consultative group with the objective of recommending the way forward for the development of capital markets in Pakistan.

The group will act as an independent think tank for important policy decisions for making the capital market vibrant, robust and the preferred mode of savings and investment.

The SECP expects that the recommendations put forth by the group will pave the way for a fair, efficient and modern capital market, which will restore investor confidence in domestic markets.

The group will be headed by SECP Chairman Zafarul Haq Hijazi and will comprise prominent market professionals including members of the broker fraternity.

They include SECP’s Securities Market Division Commissioner Akif Saeed, SECP’s Executive Director Musarat Jabeen, Arif Habib Group Chairman Arif Habib and AKD Group Chairman Aqeel Karim Dhedhi.

Others are JS Group of Companies Chairman Jahangir Siddiqui, Lakhani Securities CEO Yaseen Lakhani and Amin Tai Securities CEO Amin Issa Tai.

Published in The Express Tribune, April 16^th, 2015.

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