Sultan Mazhar Sher
SULTAN MAZHAR SHER
BA, LLB, LLM (UK)
He is an attorney at Law with a Master of laws (distinction) from Cardiff Law School, United Kingdom. He possesses an extensive legal experience of over 15 years in several legal disciplines including legislative drafting, corporate and financial market advisory, constitutional, corporate and criminal litigation.
He served as the General Counsel and Head of the Legislation and General Counsel Department of the Securities and Exchange Commission of Pakistan. As the longest serving head of the legislation at SECP he has the honor of having worked on more than two hundred diversified legislative assignments. He has formulated legislation administered by the Commission and reviewed several laws developed by the Federal Government and other statutory bodies in Pakistan. He has been involved in the review of Bilateral Investment Treaties between Government of Pakistan and foreign countries and has been representing SECP at Government Ministries, Cabinet, Parliament and its committees, international donor agencies and international forums including diplomatic forums.
He has been a member of legal reform committees established by the Government of Pakistan and has negotiated ADB’s Second Generation of Capital Markets Reform Program loan of $400 million for SECP and assisted the Commission on the Political Risk Guarantee Facility Agreements, under ADB’s Financial (Non Banking) Markets and Governance Program.
He was a member of the task force to review the March 2005, stock market crisis and has prepared the basic framework for introduction of terrorism insurance and micro insurance in Pakistan in a pool structure. He prepared the framework for the establishment of National Commodity Exchange in Pakistan. He has also been conducting litigation for SECP and was responsible for all internal advisory of the Commission on issues arising from the laws administered by it, including but not limited to corporate matter, capital and debt markets, non banking financial companies, mutual funds, insurance and modaraba.
He has also served at the National Accountability Bureau as Additional Deputy Prosecutor General and conducted high profile litigation at the Accountability courts. During his independent legal practice he has been representing clients at the District and High Courts on matters relating to Constitutional, Taxation and Corporate laws.