Islamabad: The federal government has approved the appointment of Dr Kabir Ahmed Sidhu as the new Chairman of the Securities and Exchange Commission of Pakistan (SECP) with immediate effect, according to a notification issued by the Finance Division.
Dr Sidhu is currently serving as Chairman of the Competition Commission of Pakistan (CCP), where he is widely credited with leading one of the most significant institutional turnarounds in the commission’s history. When he assumed office in August 2023, the CCP was grappling with persistent enforcement challenges and a substantial backlog of litigation and inquiries.
Within two years, the commission achieved a major breakthrough by reducing its court case backlog by more than 70 per cent, with 434 cases resolved out of 567 pending matters, the statement said.
An accomplished legal professional, Dr Sidhu holds a Bachelor’s degree in Law, an LLM in Banking, Insurance and International Business Law, and a PhD from the University of Manchester. His appointment is expected to strengthen regulatory oversight and reform initiatives at the SECP.
