Mr. Amir Khan Afridi retired as Director of the Securities & Exchange Commission of Pakistan (SECP) in 2023. He has served the apex regulatory agency for more than 30 years and had a major role in revamping and introducing modern concepts in capital mobilization through the capital market.
While serving at SECP, he participated in various professional learnings/conferences locally and abroad, having emphasis on the supervision of market intermediaries; the importance & role of the credit rating agencies in capital formation; regulation of market abuses; emerging trends in good governance; and structuring & issuance of Sukuk.
During his carrier at SECP, he has worked on regulation, promotion, and development of the primary/IPO markets; enforcement of the corporate laws; and adjudication of matters relating to non-compliances by the listed corporates. A significant feather in his cap has been automation of the IPO process by introducing and implementing the book-building system for price discovery of shares by high net-worth investors before IPOs; and e-IPO under the umbrella of SECP and in coordination with PSX, CDC, and commercial banks.
He had played vital role in operationalization of the Growth Enterprise Market (GEM) Board and development of All Shares Islamic Index of PSX. GEM Board is distinct from the Ready Board at PSX for small capital-size companies.