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While ensuring full autonomy of the Commission, the 1997 Act provides for establishment of a Securities and Exchange Policy Board (Policy Board). The main objective of the Policy Board is to provide guidance to the Commission in all matters relating to its functions and to formulate policies in consultation with the Commission. The Policy Board is also responsible for advising the Government on matters falling within the purview of the Act and other corporate laws; and also to express its opinion on policy matters referred to it by the Government or the Commission.
According to the Act, the Policy Board should consist of a maximum of nine members appointed by the Federal Government, including five ex-officio members and four from the private sector. The ex-officio members are: (i) Secretary, Finance Division; (ii) Secretary, Law and Justice Division; (iii) Secretary, Commerce Division; (iv) Chairman of the Commission; and (v) a Deputy Governor of the State Bank of Pakistan (SBP). The Policy Board presently consists of:
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MR. Salman Siddique
CHAIRMAN Securities and
Exchange Policy Board
Secretary,
FinancE DIVISION
Q-Block, Pak Secretariat Islamabad.
Tel: (Off.) 051-9202373, 9203424 (Res.) 051-9211808
Fax: 051-201857
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Mr.
Salman Ali Shaikh
Member Securities and Exchange
Policy Board
Chairman,
Securities and Exchange Commission of Pakistan
NIC Building, Blue Area, Islamabad.
Tel: (92-51) 9206513
Fax: (92-51) 9208648
E-mail: salman.shaikh@secp.gov.pk
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Mr.
Justice (Retd.) Riaz Kayani
Member
Securities and Exchange Policy Board
Secretary,
Law, Justice, Human Rights and Parliamentary AFFAIRS DIVISION
Block 'S', Pak Secretariat, Islamabad.
Tel: (Off.) 051-9202712, (Res.) 051-9210234
Fax: 051-9207995
Email: secretary@molaw.gov.pk |
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Mr.
Suleman Ghani
Member Securities and Exchange
Policy Board
SECRETARY,
Ministry of Commerce
‘A’ Block, Pak Secretariat, Islamabad.
Tel: 051-9203825
Fax: 051-9205241 |
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Mr.
YASEEN ANWAR
Member Securities and Exchange
Policy Board
Deputy Governor,
STATE BANK OF PAKISTAN
Karachi.
Tel: 021-9212451-2
Fax: 021-9212427 |
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Mr.
Faisal Bari
Member Securities and Exchange
Policy Board
Head of Economics Department,
Lahore University of Management Sciences
Opposite sector “U”, DHA, Lahore Cantt.
Tel: 042-5722670 Ext: 2247
Fax: 042-5894990
Email: bari@lums.edu.pk
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Mr. Munawar Hamid
Member Securities and Exchange
Policy Board
House No.118, 12th Street (Off: Khayaban-e-Rahat)
Phase VI, Defence Housing Authority, Karachi.
Tel: 021-5850560-5850164
Fax: 042-5894990
Cell: 0300 – 8227222
Email: munnawar.hamid@aku.edu |
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Mr.
Anwar SaifullaH KHAN
Member Securities and Exchange
Policy Board
MPA,
NWFP
House No.11, Street No.25, Sector F-6/2, Islamabad.
Tel: 051-2278473, 2278801
Fax: 051-2277843, 2275446 |
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Mr.
Qazi Faez Isa
Member Securities and Exchange
Policy Board
Senior Partner
Rizvi, Isa, Afridi & Angell
CD-67, Block 4, Clifton,
Karachi.
Tel: 021-5872879, 111-529-937
Fax: 021-5870014, 5865107 |
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