Pakistan Taps Kabir Ahmed Sidhu to Lead SECP in Broader Financial and Energy Reshuffle
The move brings a market-abuse specialist from the competition regulator to the top securities role.
Overview
- Pakistan’s Finance Division notified Dr Kabir Ahmed Sidhu’s appointment as SECP chairman with immediate effect, replacing Akif Saeed.
- Sidhu has been serving as CCP chairman since August 2023, where he led enforcement drives and case backlog reductions, according to official reporting.
- Pakistan Petroleum Limited named Muhammad Khalid Rehman as CEO, succeeding Sikander Ali Memon, and disclosed the change to the Pakistan Stock Exchange.
- The government assigned interim charge of petroleum secretary to Mirza Nasiruddin Mashood Ahmad until a regular officer is posted.
- The change in the petroleum secretary post follows the removal of Momin Agha, which coverage links to a reported dispute with the petroleum minister.