The Securities and Exchange Policy Board
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 shall consist of a maximum of eleven members appointed by the Federal Government, including five ex-officio members and six from the private sector.
Currently, the Policy Board consists of:
Mr. S. Masoud A. Naqvi
Chairman, Securities and Exchange Policy Board
Mr. Yusuf Khan
Member, Securities and Exchange Policy Board
Secretary, Finance Division
Mr. AAMIR KHAN
Member, Securities and Exchange Policy Board
Chairman, Securities and Exchange Commission of Pakistan
Muhammad Sualeh Ahmad Faruqui
Member, Securities and Exchange Policy Board
Secretary, Commerce Division
Mr. Jameel Ahmed
Member, Securities and Exchange Policy Board
Deputy Governor, State Bank of Pakistan
Raja Naeem Akbar
Member, Securities and Exchange Policy Board
Secretary Law & Justice Division
Mr. Sadeq Sayeed
Member, Securities and Exchange Policy Board
Mr. Adnan Afridi
Member, Securities and Exchange Policy Board
Mr. Veqar ul Islam
Member, Securities and Exchange Policy Board
Syed Asad Ali Shah
Member, Securities and Exchange Policy Board
