India Pushes Source Code Access, Tech Giants Resist
January 12, 2026
Dr Kabir Ahmed Sidhu appointed as new SECP chairman, replacing Akif Saeed. He currently leads the Competition Commission of Pakistan where he reduced case backlogs by 70 percent.
Read more: Pakistan Fintech Regulations Guide: What Startups Need to Know (SBP & SECP)
The federal government has appointed Dr Kabir Ahmed Sidhu as the new chairman of the Securities and Exchange Commission of Pakistan, replacing Akif Saeed. Dr Sidhu currently serves as chairman of the Competition Commission of Pakistan, a position he has held since August 2023. Under his leadership at the Competition Commission of Pakistan, the regulator reduced court case backlogs by 70 percent and recovered Rs 1.36 billion in penalties.
His tenure saw major crackdowns on cartels in poultry, sugar, edible oil, telecom, and medical services sectors. The Competition Commission of Pakistan also imposed significant penalties on companies including Kingdom Valley, Friesland Campina, Unilever, Engro, Al-Ghazi Tractors, Hyundai Nishat, British Lyceum, and 3N Lifemed for deceptive marketing practices.
Dr Sidhu processed 139 mergers across 34 sectors, including high-profile transactions like the PTCL–Telenor merger and Shell Pakistan’s sale to Wafi Energy. He holds degrees from the University of Manchester and has over 20 years of experience working with insurance companies, law firms, and financial institutions in the United Kingdom and Pakistan.
