Rahat Kaunain Hassan takes charge as CCP chairperson

ISLAMABAD: The newly appointed chairperson of the Competition Commission of Pakistan (CCP), Rahat Kaunain Hassan has assumed the charge of her office on Wednesday.

According to details, Kaunain assumed the office charge after the federal government issued a notification of her appointment as the Member and Chairperson of CCP for a three-year term. 

Hassan studied Law at King’s College London and also possesses an LLM degree, said a statement issued by CCP. She has over 25 years of experience including over eight years in public service. 

She was also a member of the Audit Oversight Board, Independent Director/Chairperson at Pakistan LNG Limited and has held independent directorships including on the boards of Pakistan Stock Exchange and various other listed companies.

Hassan served as one of the founding members of CCP from 2007 to 2010, and as its chairperson from 2010 to 2013. She has authored, co-authored most of the seminal orders passed by CCP, including those that resulted in breaking the most pernicious of cartels. 

“During her term, the CCP witnessed peak enforcement against cartels and other anti-competitive practices taking the amount of penalty imposed from Rs7 billion to over Rs26 billion,” the CCP statement read. 

She was instrumental in the establishment of the Office of Fair Trading within CCP and has authored numerous position papers, guidelines, policy notes on important issues of competition law and policy.