BeNewz
Related Articles
Aftab Maken
ISLAMABAD: Prime Minister Shehbaz Sharif has appointed Dr. Kabir Ahmed Sidhu as the new Chairman of the Securities and Exchange Commission of Pakistan (SECP). An official notification to this effect has been issued.
Dr. Kabir Sidhu is currently serving as Chairman of the Competition Commission of Pakistan (CCP) and will now take charge of Pakistan’s premier capital markets and securities regulator.
Dr. Sidhu brings over 20 years of legal and regulatory experience in both Pakistan and the United Kingdom. He holds a PhD from the University of Manchester, with his doctoral research focused on stock exchange regulations and investor protection.
He is a recognized expert in law and banking, having worked with insurance companies, law firms, and financial institutions in the UK. In Pakistan, he has served as Senior Legal Consultant to the Ministry of Law and the Privatization Commission.
During his tenure as Chairman of the CCP, Dr. Sidhu delivered remarkable results:
- Achieved a 70% reduction in judicial backlog
- Decided 434 out of 567 pending cases in courts and tribunals over the past two years
- Recovered fines totaling Rs 1.36 billion
- Imposed new penalties exceeding Rs 1 billion against cartels and deceptive marketing practices
His balanced, transparent, and professional handling of the high-profile PTCL–Telenor merger case received widespread international acclaim.
Experts believe that Dr. Sidhu’s deep legal expertise, strong regulatory background, and research on investor protection will enable him to strengthen the SECP, enhance transparency, and rebuild confidence among domestic and foreign investors.
This appointment is seen as part of the government’s broader strategy to modernize Pakistan’s capital markets, attract foreign investment, and promote long-term economic stability.
