SECP pushes digital drive across capital market, insurance sectors

Mettis Global reported that Dr. Kabir Ahmed Sidhu, Chairman of the Securities and Exchange Commission of Pakistan, has called for stronger digital adoption in the capital market and insurance sectors. He met a senior delegation from VEON Group and JazzWorld, headed by chief executives Kaan Terzioğlu and Aamir Ibrahim, to discuss the issue.

The talks covered ways to deepen Pakistan's capital markets, widen financial inclusion, build digital infrastructure and promote technology-led innovation. Ibrahim said JazzWorld now operates as an integrated digital service provider spanning financial services, banking, insurance and AI rather than as a conventional telecom operator. Terzioğlu stated that VEON Group has put around $11bn into Pakistan so far and intends to commit $1bn more over the next three years.

Dr. Sidhu said technology would make regulated financial products easier to reach, while financial literacy remained essential alongside simpler access to digital services. The parties reaffirmed their commitment to supporting investment, digital innovation and the development of Pakistan's digital economy.