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October 21, 2019
Business Latest Pakistan

Farrukh Sabzwari takes over as SECP chairman

ISLAMABAD: The newly-appointed chairman of Securities and Exchange Commission of Pakistan (SECP), Farrukh Sabzwari, took charge of the head of the Commission.

On Tuesday, the federal government issued the notification of Sabzwari’s appointment as SECP chairman.

Following the notification, Sabzwari took over the SECP as its chairman.

Sabzwari was appointed Commissioner at the SECP on November 15. The federal cabinet approved his appointment as SECP Chairman on December 27, 2018.

Sabzwari is an MBA in Finance with more than 25 years of professional experience in capital markets of Pakistan and abroad.

Before joining the SECP as a commissioner, 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 seven-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 joint-venture partner in Pakistan, a position he held from 2005 to 2009.