New SECP commissioners assume charge; Akif Saeed likely to be next chairman

Three newly-appointed commissioners assumed charge of their offices in the Securities and Exchange Commission (SECP) while the government is likely to make Akif Saeed the chairman.

Analysts said that removing the current chairman Aamir Ahmed Khan is not so easy for the government as strong support came from various quarters.

The process of appointment of new commissioners in SECP has been completed. Three new commissioners have taken charge of their posts. The new commissioners include Akif Saeed, Abdul Rehman Waraich and Mujtaba Ahmed Lodhi.

After the appointment of new commissioners, the SECP commission is complete as five commissioners are recently appointed by the federal government.

Blue-eyed commissioners appointed in SECP prior to cabinet session

After the appointment of new commissioners, some government circles are trying to appoint Akif Saeed the new SECP chairman.

On the contrary, the economic circles told News360 that the government’s efforts to make Akif Saeed the new chairman are continued but the recent performance of the current chairman Aamir Ahmed Khan is stopping the government to take an immediate step.

Aamir Ahmed Khan has received strong support from the ruling circles of the country and the performance of Aamir Ahmed Khan is being appreciated for implementing necessary amendments, rules and reforms in the institution. Aamir Ahmed Khan has an undisputed personality and character.