A delegation from The Australian High Commission in Islamabad recently visited the head office of the Central Depository Company of Pakistan Limited in Karachi. The delegation was headed by Margaret Adamson, Australian High Commissioner to Pakistan. Other dignitaries included Saeed Ahmed, Deputy Governor, State Bank of Pakistan and several senior level members of the corporate community including Nauman K. Dar, President & CEO, Habib Bank Limited also attended the event. Senior representatives of Pakistan Capital Market were also present.
Muhammad Hanif Jakhura, CEO - CDC, welcomed the delegation and gave a detailed presentation to the attendees on the success story of CDC and its pivotal role in the development of Pakistan's capital market. The attendees were also briefed on the business and operations of CDC's subsidiary, ITMinds Limited.
The Australian High Commissioner acknowledged the positive impact of CDC on the Pakistan Capital Market. She looked forward to learning more about the full range of CDC's contributions and market shaping initiatives. In particular, she expressed her desire to play the role of a catalyst for Australian financial institutions to do more business with Pakistani companies and the government.-PR