AIRLINK 175.55 Decreased By ▼ -2.01 (-1.13%)
BOP 11.01 Decreased By ▼ -0.04 (-0.36%)
CNERGY 8.29 Increased By ▲ 0.12 (1.47%)
FCCL 47.23 Decreased By ▼ -0.09 (-0.19%)
FFL 16.02 Decreased By ▼ -0.10 (-0.62%)
FLYNG 27.31 Decreased By ▼ -0.04 (-0.15%)
HUBC 142.32 Decreased By ▼ -4.59 (-3.12%)
HUMNL 13.30 Decreased By ▼ -0.21 (-1.55%)
KEL 4.44 Decreased By ▼ -0.06 (-1.33%)
KOSM 5.90 Decreased By ▼ -0.01 (-0.17%)
MLCF 61.80 Decreased By ▼ -0.22 (-0.35%)
OGDC 226.77 Decreased By ▼ -7.91 (-3.37%)
PACE 5.77 Decreased By ▼ -0.03 (-0.52%)
PAEL 44.80 Decreased By ▼ -1.61 (-3.47%)
PIAHCLA 17.88 Decreased By ▼ -0.24 (-1.32%)
PIBTL 10.47 Decreased By ▼ -0.10 (-0.95%)
POWER 12.02 Increased By ▲ 0.03 (0.25%)
PPL 185.92 Decreased By ▼ -5.88 (-3.07%)
PRL 37.16 Decreased By ▼ -0.16 (-0.43%)
PTC 24.05 Increased By ▲ 0.85 (3.66%)
SEARL 100.29 Decreased By ▼ -0.60 (-0.59%)
SILK 1.15 No Change ▼ 0.00 (0%)
SSGC 38.51 Decreased By ▼ -1.20 (-3.02%)
SYM 14.75 Decreased By ▼ -0.28 (-1.86%)
TELE 7.73 Decreased By ▼ -0.11 (-1.4%)
TPLP 11.03 Decreased By ▼ -0.08 (-0.72%)
TRG 66.00 Decreased By ▼ -1.29 (-1.92%)
WAVESAPP 10.97 Decreased By ▼ -0.38 (-3.35%)
WTL 1.35 Decreased By ▼ -0.01 (-0.74%)
YOUW 3.78 Increased By ▲ 0.01 (0.27%)
BR100 12,826 Increased By 19.4 (0.15%)
BR30 38,861 Decreased By -842.2 (-2.12%)
KSE100 118,792 Decreased By -146.5 (-0.12%)
KSE30 36,779 Increased By 22.6 (0.06%)

The Board of Directors (BoD) of Pakistan Stock Exchange Limited (PSX) has appointed Nadeem Naqvi, a Shareholder Director, as the interim Chief Executive Officer (CEO) of the company.

The company, engaged in conducting, regulating and controlling the trade in shares, shared the development to the exchange on Thursday.

“Please be informed that Nadeem Naqvi, a Shareholder Director of Pakistan Stock Exchange Limited (PSX), has been appointed as the interim Chief Executive Officer (CEO) by the Board of Directors with approval of the Securities and Exchange Commission of Pakistan,” the PSX informed its stakeholders in a notice.

“Naqvi will assume office as Acting CEO from September 03, 2024, and continue in such role until a permanent CEO is appointed, or November 30, 2024, whichever is earlier,” added the notice.

As per details available on the PSX website, Naqvi is currently the CEO of Habib University Foundation, Karachi.

He was Managing Director of PSX from 2011 till 2017, when he took early retirement and resettled in Toronto, Canada.

Back in July, it was announced that Farrukh Khan resigned from the position of CEO of PSX to “pursue other opportunities”, nearly a year and a half before his tenure was set to end.

Farrukh Khan joined PSX in February 2020 at the time when Covid outbreak took place in Pakistan.

Later on, it was learnt that Farrukh would join telecom operator Jazz as its Chief Financial Officer (CFO),

Farrukh will join the telecom operator with effect from September 15th, 2024, sources confirmed to Business Recorder back then.

“Farrukh brings with him an impressive track record with over 30 years of experience at the helm of major financial institutions,” the source added.

Comments

Comments are closed.