Sultan Mazhar Sher

Personal Bio

Job Title: Advocate Supreme Court of Pakistan

Areas of Expertise:

An Advocate with a Master of laws (distinction awarded) from Cardiff Law School, United Kingdom, possessing legal experience of over two decades in several legal disciplines including constitutional, corporate, tax, commercial, regulatory, accountability and service litigation; legal and regulatory reform; energy laws; multi-lateral negotiations; capital markets; financial institutions; insurance law and legal advisory.

He has worked as a senior legal consultant to the World Bank on review of the insurance sector in Pakistan; regulatory framework for trade in services and investment and the review of tax legislation for FBR in Pakistan. He prepared the basic framework for introduction of terrorism insurance in Pakistan and prepared the legal framework for the establishment of National Commodity Exchange in Pakistan. He has also advised the Government of Pakistan on the corporatization of State Life Insurance Corporation.

He served as the General Counsel at the Securities and Exchange Commission of Pakistan (SECP) where he has the honor of having worked on diversified legislative assignments. Having formulated major legislative instruments administered by SECP he has given advice on several laws developed by the Federal Government and other statutory bodies in Pakistan. He has been advising SECP on issues, including but not limited to, corporate matter, capital and debt markets, non-banking financial companies, mutual funds and insurance.

He has been involved in the review of Bilateral Investment Treaties between Government of Pakistan and foreign countries and has been representing SECP at Government Ministries, Cabinet, Parliament and its committees, international donor agencies and international forums including diplomatic forums (UNDROIT).

He was a member of the corporate rehabilitation committee established by the Government of Pakistan and has negotiated ADB’s Second Generation of Capital Markets Reform Program loan of $400 million. He has also provided advice on the Political Risk Guarantee Facility Agreements, under ADB’s Financial (Non Banking) Markets and Governance Program.

He also served the National Accountability Bureau as Additional Deputy Prosecutor General and conducted high profile litigation. He is legal consultant to Pakistan’s largest entities in the Oil and Gas and energy sectors and has advised clients on corporate transactions of over 125 million US Dollars. He is representing leading foreign and Pakistani companies in a number of high profile litigation in Pakistan and is advising blue chip companies on corporate and commercial matters. He has Judgments reported by the High Court on issues relating to Arbitration, regulatory actions, public procurement, insurance law and construction laws and has been appointed as amicus curiae by the Honorable Islamabad High Court on the issue of fuel price adjustment in electricity bills.