The Government of Pakistan appointed Razi-ur-Rahman Khan as Chairman ofthe Securities and Exchange Commission of Pakistan (SEC), the apexregulatory body for the capital market, and corporate sector, includingnon-bank financial institutions, on 13 January 2006.Razi Khan has rich background, including experience in finance, bankingcorporate sector, mutual fund, brokerage investment advisors privateequity investment.Khan is a Fellow of Institute of Chartered Accountants of England andWales. He started his carrier as CFO of Burroughs Wellcome. Later hejoined Grindlays Bank and launched the First Grindlays Modaraba. He wasthen posted to London to build the Islamic Banking Division.He left banking to become CFO of Hub Power Company, when the projectwas being installed in Hub near Karachi. He was asked by the governmentof Benazir Bhutto to restructure the ailing National Investment Trust,on the recommendation of Pakistani Citibanker ShaukatAziz. After putting NIT back on sound footing, Razi Khan joined JordanFlemings later, J.P. Morgan Brokerage and investment Advisoryestablishment in Pakistan. During the November 2004 to March 2006period, he was looking after an investment portfolio of London-basedPakistanis. His expertise in mutual fund, non-bank financialinstitutions and practical experience in managing portfolio investment,besides professional integrity, are reportedly the key ingredients forhis selection as SECP boss. He has extensive experience of corporate and capital market reformsduring his career in spanning private sector, and internationalfinancial institutions. A chartered accountant by profession, he hasworked in Pakistan, in both private and public sectors.