While exercising power under Section 5 and 7 of the Securities and Exchange Commission of Pakistan Act, 1997, federal government Tuesday appointed Muzzafar Ahmed Mirza as Commissioner of the Commission for a period of three years with immediate effect.
Mirza was previously serving as Chief Prosecutor / Executive Director at the SECP. Since joining the Commission in July 2012, he has led the Law Division and played a central role in the Commission’s legal and enforcement functions. He has been instrumental in shaping Pakistan’s corporate and financial regulatory framework. His key contributions include leading work on several landmark legislative reforms, including the Companies Act, 2017; Securities Act, 2015; Futures Market Act, 2016; the Corporate Restructuring Companies Act, 2016; and the Corporate Rehabilitation Act, 2018.
In addition to his litigation and legislative work, Mirza has played an active role in broader reform initiatives to modernize and strengthen the corporate sector. His contributions include efforts to improve the ease of doing business, advance regulatory frameworks for digital assets, and develop SECP’s Regulatory Sandbox — encouraging innovation in financial services while maintaining investor protection. The Commission welcomes him onboard.
