AKIF SAEED
CHAIRMAN, SECP

Title: Government Nominee

Mr. Akif Saeed has been appointed Chairman Securities and Exchange Commission of Pakistan with effect from 16 December, 2022. Earlier, Mr. Saeed had served as Commissioner from December 2014 to December 2017. He possesses extensive regulatory, operational and business knowledge of various infrastructure entities in the capital markets.

Mr. Saeed joined SECP in 2004, and served as head of various departments. During his tenure, he contributed significantly towards instituting various legal and regulatory reforms for enhanced corporate governance, transparency, investor education, investor protection and risk management. He was instrumental in introducing legal framework for REITS and private equity, in addition to introducing private pension through implementation of voluntary pension rules and issuance of license to 4 pension fund managers in 2007.

As Commissioner, Mr. Saeed played a key role in merger of three exchanges and divestment of PSX strategic shareholding to consortium led by three Chinese exchanges, and led the team responsible for major overhaul of securities law in Pakistan, culminating in promulgation of new Securities Act 2015 and Futures Act 2016. He also played a vital role in achieving compliance with the IOSCO principles, the  global benchmark for securities markets regulations.

He has previously worked in various private sector entities, including the American Express Bank and as consultant for Asian Development Bank. He is a Chevening alumnus and completed his Master’s in Business Administration from the University of Edinburgh and also holds master's degree in economics from Government College Lahore.