The members of the Mutual Funds Association of Pakistan (MUFAP) have elected new directors on the Board of Directors against the vacancies arising from the rotational retirement of some of the directors. The new Board of MUFAP at its first meeting held on October 1, has elected Shahid Ghaffar as the new Chairman, Mir Muhammad Ali CFA as Senior Vice Chairman and Imran Azim as Vice Chairman.
The Directors of MUFAP for the year 2015-2016 consist of: Shahid Ghaffar, Chairman; Mir Muhammad Ali, CFA, Senior Vice Chairman; Imran Azim, Vice Chairman; Mohammad Shoaib, Rehan N Shaikh, Dr Ali Akhtar Ali, Maheen Rahman, Imran Motiwala, Shahzad Jawahar, Babar Ali Lakhani and Mashmooma Z Majeed, CFA, FRM, Chief Executive. The Board of Directors of MUFAP at the first meeting of the new Board paid rich tribute for the outstanding services rendered to MUFAP by its outgoing Chairman Mohammad Shoaib, CFA, Senior Vice Chairman Shahid Ghaffar and Vice Chairman Yasir Qadri and outgoing directors M Habib-ur-Rahman, Dr Amjad Waheed and Farid Ahmed Khan through the very generous allocation of their time made to MUFAP and the sound leadership they provided to the industry.-PR