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. Mehmood Mandviwalla
Chairman of the Securities and Exchange Policy Board
Mr. Imdad Ullah Bosal
Member, Securities and Exchange Policy Board
Secretary, Finance Division
Raja Naeem Akbar
Member, Securities and Exchange Policy Board
Secretary Law & Justice Division
Mr. Jawad Paul
Member, Securities and Exchange Policy Board
Secretary, Commerce Division
Mr. Akif Saeed
Member, Securities and Exchange Policy Board
Chairman, Securities and Exchange Commission of Pakistan
Ms. Sima Kamil
Member, Securities and Exchange Policy Board
Ms. Shagufta Shamsuddin Hasan
Member, Securities and Exchange Policy Board
Ms. Maheen Rahman
Member, Securities and Exchange Policy Board
Mr. Ardeshir K. Marker
Member, Securities and Exchange Policy Board
