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KARACHI: Securities and Exchange Commission of Pakistan (SECP) Chairman Dr Kabir Ahmed Sidhu on Wednesday said the regulator would leverage financial technology (fintech) to make capital market investing simpler, safer and more accessible, with the aim of expanding Pakistan’s investor base to 2.5 million people.

Chairing a meeting of the Board of Directors and senior management of the Central Depository Company of Pakistan Limited (CDC) during his visit to Karachi, he said digital technology could bring stock market and investment services directly to investors’ mobile phones, particularly young Pakistanis, enabling ordinary citizens to participate in wealth creation and the country’s economic growth.

The meeting reviewed CDC’s operational performance, technological infrastructure, cybersecurity framework, digital transformation initiatives and strategic plans. Participants were also informed about the upcoming Asaan Connect App, a flagship digital initiative being developed under SECP’s guidance and scheduled for launch in July 2026.

CDC Chief Executive Officer Badiuddin Akber also briefed the visiting delegation on recent technology-driven initiatives designed to improve market accessibility, strengthen investor protection and simplify investment processes.

He reaffirmed CDC’s commitment to working closely with SECP to support the development and modernisation of Pakistan’s capital markets.

Copyright Business Recorder, 2026

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