The
Securities and Exchange Commission of Pakistan has
re-nominated/re-appointed Mr Muneer Kamal, Shazad G. Dada, Asif Qadir
and Abdul Qadir Memon on the Board of the Karachi Stock Exchange (KSE)
for the 2012 term. They had also served on the KSE Board
last year as independent directors and their appointment can be seen as
a fair balance of the requisite qualifications and skills on the board.
Mr
Muneer Kamal, presently vice-chairman of the KASB Bank Limited, has
over 28 years of extensive experience of the banking and financial
sector during which he has served locally and internationally on senior
positions at various renowned banks. Mr Shazad Dada, CEO, Barclays Bank
PLC, Pakistan, is a seasoned banker and a prominent capital market
professional. He has over 20 years of major national
and international financial markets’ experience.
Mr
Asif Qadir, president and CEO, Engro Polymer and Chemicals Limited, has
over 30 years of management and marketing experience of the
chemical and fertilizer sector and has served in key management
positions on the chemical giant Engro Corporation Limited. Mr Abdul
Qadir Memon, Fellow of the Institute of Taxation Management Pakistan and
President, Pakistan Tax Bar Association, is a senior
resource and is a renowned tax and corporate laws expert, possessing an
in-depth knowledge about the various aspects and implications of the
corporate matters and company laws.
It
is expected that the KSE Board in particular and the capital markets in
general, will continue to benefit from the mix of extensive
knowledge, global experience and diverse expertise that the above
professionals possess. It is hoped that the directors will continue to
contribute positively to promoting principles of good governance,
transparency and will be instrumental in bringing about
various capital market reforms.
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