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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 Group will be headed by the Chairman SECP and will comprise prominent market professionals including members of the broker fraternity. The Group will consist of following members:
Zafar-ul-Haq Hijazi - Chairman SECP (Chairman of the Group), Akif Saeed, Commissioner, Securities Market Division - SECP, Musarat Jabeen - Executive Director, SECP (Secretary to the Group), Arif Habib - Chairman, Arif Habib Group, Aqeel Karim Dhedhi, Chairman, AKD Group, Jahangir Siddiqui - Chairman, JS Group of Companies, Yaseen Lakhani - CEO, Lakhani Securities (Pvt) Limited, Amin Issa Tai - CEO, Amin Tai Securities (Pvt) Limited, Mohammad Sohail Dayala, CEO, Invest and Finance Securities Limited, Shahid Ghaffar - Managing Director, National Investment Trust Limited, Najam Ali - CEO, Next Capital Limited, Omer Iqbal Pasha - CEO, Pasha Securities (Pvt) Limited, Dr Yasir Mahmood - CEO, Yasir Mahmood Securities (Pvt.) Ltd, Nasim Beg, CEO, Arif Habib Investment Management Company Limited, Mohammad Sohail, CEO, Topline Securities (Pvt) Limited. It is expected that discussions held by the Group and recommendations put forth will pave the way for a fair, efficient and modern capital market, which will result in restoration of investors'' confidence in the Pakistani markets.-PR

Copyright Business Recorder, 2015

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