Commission
The Commission is a collegiate body with collective responsibility. Operational and executive authority of the Commission is vested in the Chairman who is the Commission’s CEO. He is assisted by the Commissioners, especially for overseeing the working of various operational units as may be assigned by him.
Currently the Commission consists of following Commissioners:
Mr. Aamir Khan
Chairman
Corporate Supervision Department (Company Law Division), Adjudication Department, Prosecution and Legal Affairs Division, Support Services Division
Aamir Khan has 30 years of experience in banking and capital markets, covering corporate, investment, SME and institutional banking in Pakistan and Canada. He has served in senior positions at Standard Chartered Bank, Royal Bank of Canada, and American Express Bank Ltd. He is well versed in corporate lending, treasury and credit risk management, and has extensively worked on structured financial products, international trade and cross-border transactions.
Prior to being appointed as a Commissioner, he served as an Executive Director at the SECP, where he headed several departments. He also played a key role in a number of initiatives at the SECP, including the launch of commodity murabaha at PMEX, agriculture-related initiatives, bringing microfinance companies within the SECP’s regulatory ambit, finalizing of laws and improving ease of doing business.
A former Chevening Scholar, he has an MBA degree, as well as an M.Sc. in international banking from the UK. He is also an associate of the Institute of Bankers in Pakistan.
Mr. Farrukh H. Sabzwari
Commissioner
Specialized Companies Division (Policy, Regulation and Development Department & Supervision & Enforcement Department)
Farrukh H. Sabzwari is an MBA in finance with more than 25 years of professional experience in the capital markets in Pakistan and abroad. Before joining the SECP as a Commissioner in December 2018, he was the CEO of BMA Capital Management, one of Pakistan’s largest firms dealing in financial services.
His previous senior management roles include a 7-year stint with Credit Suisse Securities in Singapore as Director APAC Equities Sales from 2010 to 2017. Prior to that, he was CEO at KASB Securities, a Merrill Lynch JV partner in Pakistan, a position he held from 2005 to 2009. He also spent more than 8 years at CLSA, a Citic-owned boutique investment firm, as Country Manager and Head of Sales for Pakistan from 1995 to 2001, and subsequently as VP subcontinent sales in New York in 2001-2003. He completed his Singapore Broker License certification and Indonesian Capital Market Exams in 2010 and his Series 7 and 63 in New York in 2001.
Ms. Sadia Khan
Commissioner
Specialized Companies Division (Supervision & Enforcement Department), Insurance Division (Supervision Department), Anti-Money Laundering Department
Ms Khan has pursued a versatile career path traversing investment banking, financial regulation, family businesses and entrepreneurship across three continents. With Masters degrees in Economics from both Cambridge University and Yale University, Sadia started her career at Lehman Brothers in New York. After obtaining her MBA from INSEAD in France, she has worked with various international institutions and local regulatory authorities, including the Asian Development Bank in the Philippines, the Securities and Exchange Commission of Pakistan and the State Bank of Pakistan. For the past two decades, Sadia has remained a passionate advocate of corporate governance and has served on various boards as an independent director. Her book entitled “Corporate Landscape of Pakistan” was published by Oxford University Press in 2017. In 2014, the French Government conferred on her, the prestigious French award, “Chevalier de 1’Ordre National du Mérite” (Knight of the National Order of Merit). Prior to her appointment as Commissioner SECP, she has been serving as the President and CEO of the Pakistan Institute of Corporate Governance (PICG).
