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Pakistan: SEC, competition authority without leadership

By  |  January 31, 2014

Pakistan’s Securities and Exchange Commission, as well as the Competition Commission of Pakistan, are currently running without chairmen, leading to lobbyists increasing their activity within the government bodies, reports say.

Reports question whether the government is deliberately holding off on appointing official chairmen for the SEC and CCP while it claims it is still searching for candidates.

The SECP has been run by an acting chairman since April of last year, while the CCP saw its chairman retire last November.

Reports also note that the CCP appointed Rana Yousuf Mustafa last Thursday as director advocacy, and while that position requires at least 15 years experience, reports say Mustafa was appointed without so much as an interview.

Full Content: Dawn.com

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