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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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Syed
Naveed Qamar
Chairman Securities and Exchange
Policy Board
Minister for Finance, Revenue
and Economic Affairs
Q-Block, Pak Secretariat Islamabad.
Tel: (92-51) 9213204, 9203687
Fax: (92-51) 9222465
E-mail: minister@finance.gov.pk
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Mr.
Razi-ur-Rahman Khan
Member Securities and Exchange
Policy Board
Chairman,
Securities and Exchange Commission of Pakistan
NIC Building, Blue Area, Islamabad.
Tel: (92-51) 9205310, 9204841
Fax: (92-51) 9205692, 9204915
E-mail: razi.rahman@secp.gov.pk
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Mr. Farrakh Qayyum
Member Securities and
Exchange Policy Board
Secretary,
FinancE DIVISION
Q-Block, Pak Secretariat Islamabad.
Tel: (Off.) 051-9202373, (Res.) 051-9266958
Fax: 051-9201857
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Syed
Asif Shah
Member Securities and Exchange
Policy Board
Secretary,
Commerce Division
A Block, Pak Secretariat, Islamabad.
Tel: (Off.) 051-9210277, (Res.) 051-9204120
Fax: 051-9203104 |
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Mr.
Justice Agha Rafiq Ahmed Khan
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 |
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Mr.
Mansur-ur-Rehman Khan
Member Securities and Exchange
Policy Board
Deputy Governor,
STATE BANK OF PAKISTAN
Central Directorate, Karachi.
Tel: 021-9212455-6
Fax: 021-9212414 |
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Dr.
Bashir Ahmad Khan
Member Securities and Exchange Policy
Board
Professor of Finance,
Forman Christian College School of Management
Ferozepur Road.
Tel: (Off.) 042-9231581-8, Ext: 341
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