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Supplements: 11th Annual CFA Pakistan Excellence Awards


I must say that the efforts put in by the CFA Society Pakistan were tremendous. It was a platform for the Industry where participants get to interact. This Award Ceremony helps to identify the best performers in the market and thus creates a bench mark for others to follow. Such endeavours help foster confidence amongst the Society members as well as investors. These initiatives are recognised domestically as well on the international forum too.

It is an honour for our Society to host the 11th Annual Excellence Awards 2014 for the 11th consecutive year. On behalf of the CFA Society Pakistan, I would like to congratulate all the winners of this year's awards. Indeed achieving these awards is no small feat as each participant strives to achieve excellence in its respective field and then presents itself in front of a very respected and independent jury comprising of senior people who are experts in their field of work.
"The efforts and initiatives of the CFA Association of Pakistan to foster increased professionalism in the securities industry with special focus on investor awareness generation is very commendable. Such endeavours are not only being recognised domestically but also acknowledged at the global level by the CFA Institute which helps foster greater confidence in foreign portfolio investors as they look at Pakistan's capital market."
I am glad to offer my heartiest congratulations to the CFA Society Pakistan for their continued efforts in the promotion of ethical and professional standards within the investment industry as well as their facilitation and encouragement of professional development, open exchange of information and opinions through the highly regarded CFA program in Pakistan.
On behalf of National Clearing Company of Pakistan Limited (NCCPL) I would like to extend my great appreciation to CFA Society of Pakistan for the 11th CFA Annual Excellence Awards Program. The event provided participants to receive nobility for their achievements and incessant contribution for the development and intensification of Pakistan's financial sector.
Global Recognition:
Foundation Securities (Pvt) Limited ("FSL") is one of the most active brokers at the Karachi Stock Exchange ("KSE") handling on average 7% of the daily volume traded at the KSE. It is also highly ranked based on the quality of services being provided. FSL is the second broker in Pakistan with an exclusive affiliation with a leading international investment bank (Macquarie Group).


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-19.98 bln
Exports $25.13 bln
Imports $45.11 bln
WeeklyOctober 27, 2014
Reserves $13.464 bln