ISLAMABAD: The finance ministry has appointed three new commissioners at the Securities and Exchange Commission of Pakistan (SECP) and two members in Competition Commission of Pakistan (CCP).

With the appointment of Mr M Zafar-ul-Haq Hijazi, Mr Akif Saeed and Mr Fida Hussain Samoo, the SECP now has five commissioners.

Zafar-ul-Haq had earlier been a commissioner in the SECP, and may be the next SECP chairman, sources said.

Currently, there is no permanent chairman in the SECP since the removal of the then SECP chairman Mohammad Ali on the orders of Supreme Court in April 2013.

Akif Saeed is serving as executive director in the SECP, while Fida Samoo, prior to his notification was executive director in Pakistan Reinsurance Limited.

CCP: The two new members of the CCP are Ms Vadiya Khalil and Mr Ikramul Haq Qureshi.

Sources said that that the incumbent acting chairman of CCP, Dr Joseph Wilson, may be made permanent chairman of the CCP.

Published in Dawn December 18th , 2014