ISLAMABAD: Zafar Abdullah has been appointed commissioner of the Securities and Exchange Commission of Pakistan (SECP) by the federal government. He holds a bachelorÕs degree in commerce from the University of Karachi and is a member of the Institute of Chartered Accountants of Pakistan. He did his chartered accountancy from KPMG Pakistan and received extensive training in the areas of assurance and audit, financial advisory and corporate advisory.
Abdullah had earlier served the SECP as executive director in the securities market division, Karachi Stock Exchange as chief of operations, Central Depository Company of Pakistan as head of operations, Dewan Mushtaq Group as chief compliance officer and Company Secretary and Crosby Securities Pakistan Limited as chief executive officer. His last assignment was as company secretary and head of legal division with Faysal Bank Limited.
This is the first time since 2006 that the number of commissioners has reached the requisite level as stipulated by the law.