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The federal government has appointed Vadiyya Khalil as Chairperson of the Competition Commission of Pakistan (CCP) for a period of three years with immediate effect. In this regard, Finance Division has issued a notification here on Tuesday. Vadiyya Khalil took the charge the same day. The appointment was long awaited as the CCP was without a regular head since August 2013.
The Commission was below its required strength with only three Members, while the Competition Act, 2010 requires the minimum number to be five. This has had an impact on the enforcement function of the Commission for the last one and a half year. The appointment of Vadiyya Khalil and Ikram Ul Haq Qureshi as Members of CCP on December 17, 2014 brings the number of Members from 3 to 5, which is in conformity with the Competition Act, 2010. Khalil had previously served as a Member CCP from 2010 to 2013 where she was overseeing the Mergers & Acquisitions and Advocacy functions of the Commission.

Copyright Business Recorder, 2014

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