The Competition Commission of Pakistan (CCP) and the Pakistan Institute of Corporate Governance (PICG) on Tuesday signed a Memorandum of Understanding (MoU) on cooperation, collaboration, and capacity development for strengthening corporate governance and competition compliance in Pakistan.
The MoU was signed by the CCP Chairperson Ms. Rahat Kaunain Hassan and PICG Chief Executive Officer Mr. Ahsan Jamil in a ceremony at the CCP’s head office in Islamabad, also attended by Dr. Shamshad Akhtar, Chairperson PICG Board of Directors, CCP Members Ms. Shaista Bano, Ms. Bushra Naz Malik, Mr. Mujtaba Ahmad Lodhi, and other senior officers.
Addressing on the occasion, the CCP Chairperson Ms. Rahat Kaunain Hassan welcomed the support of PICG in joining hands with the CCP through signing of the MoU. She stated that corporate governance and competition principles are intertwined. There is commonality of objective in that both regulate human behaviour and promote fair play.
She further stated that the collaboration aims to promote good governance, ensure corrective behaviour and sustainable compliance through advocacy measures and trainings for the corporate sector.
