FPCCI and SECP jointly organized an awareness seminar titled “Unlocking Economic Growth through Corporatization” at the FPCCI Regional Office in Lahore. The session brought together key figures from the corporate sector, government bodies, and business associations to emphasize the importance of formalizing businesses, strengthening regulatory practices, and supporting economic expansion in Pakistan.
The seminar focused on promoting corporatization as a pathway to economic resilience and formal sector expansion. It also addressed the importance of improving the ease of doing business by simplifying incorporation processes and enhancing transparency. Senior officials from SECP delivered detailed presentations highlighting the commission’s ongoing work to facilitate business registration and regulatory compliance, encouraging more entrepreneurs to transition into the corporate fold.
Muzzafar Ahmed Mirza, Commissioner of the Licensing & Registration Division at SECP, and Mujtaba Ahmed Lodhi, Commissioner SECP, led the discussions on regulatory improvements and the broader role of corporatization in national economic growth. Lodhi particularly emphasized the growing relevance of insurance in achieving financial inclusion, noting its impact on underrepresented groups, especially women. He shared insights into targeted programs like BISP micro-insurance and digital micro-policies, which are currently offering financial protection to millions of beneficiaries across the country. He encouraged the business community to actively embed insurance frameworks into their operations to enhance stability and long-term sustainability.
The event featured an in-depth briefing by Shahzad Afzal, Registrar of Companies, who elaborated on the practical and strategic benefits of incorporation. He explained how formal business structures contribute to economic development, enable better access to finance, and build long-term credibility for entrepreneurs and organizations alike.
FPCCI leadership, including Atif Ikram Sheikh, President FPCCI, and S.M. Tanveer, Patron-in-Chief FPCCI, expressed appreciation for SECP’s continued efforts to streamline regulatory frameworks and promote corporatization. They acknowledged that such collaborations are critical for supporting a conducive environment for private sector growth. The interactive nature of the seminar allowed business owners, consultants, and chamber representatives to engage directly with regulatory experts, discuss challenges, and explore actionable solutions.
As a token of appreciation, FPCCI presented souvenirs to the participating SECP Commissioners and the Registrar of Companies. The event was well-received by attendees, who commended both institutions for jointly taking steps to promote a more transparent, inclusive, and business-friendly regulatory landscape.
This collaborative initiative reflects the shared commitment of FPCCI and SECP to drive formalization within Pakistan’s business sector, aligning with broader economic goals and fostering sustainable growth. By prioritizing awareness, inclusivity, and improved compliance, the partnership supports the transformation of the private sector into a more structured and competitive force within the national economy.
