KARACHI: The Pakistan Stock Exchange on Wednesday chose four executives to the board for the following term of three years as per the prerequisites of the Companies Ordinance 1984.
By official statement of the bourse, the recently chose executives were Abid Ali Habib, Ahmed Chinoy, Abdul Majeed Adam and Muhammad Yasin Lakhani.
The Securities and Exchange Commission of Pakistan likewise selected five new executives on the PSX board — Moin M. Fudda, Tawfiq Asghar Hussain, Muhammad Naeem, Ms Rahat Kaunain Hassan and Samir Ahmed — who will supplant Kamal Afsar, Shazad G. Dada, Abdul Qadir Memon, Asif Qadir and Syed Muhammad Shabbar Zaidi successful from Feb 24, 2016.
Muneer Kamal will proceed as SECP’s chosen one executive on the board while PSX Managing Director Nadeem Naqvi will be the eleventh chief.
