Adnan Afridi elected as chairman South Asian Federation of Exchanges (SAFE)

ISLAMABAD: Adnan Afridi, Managing Director, Karachi Stock Exchange, has been elected as Chairman of the Executive Committee of South Asian Federation of Exchanges (SAFE). His election has taken place during the 8th Annual General Assembly meeting of the SAFE held in Abu Dhabi on March 11, 2009. Mr. Afridi’s election to the office of the Chairman of the Federation was proposed by Mr. Mahesh L. Soneji, ex-Chairman SAFE and MD/CEO Bombay Stock Exchange.

He was unanimously elected by the votes of all the regional exchanges of various members comprising of the regional depositories and clearing companies whose representatives were present during the aforesaid General Assembly meeting. Afridi was congratulated by all the representative of the member entities. The Members expected that the SAFE would progress further under the dynamic leadership of Afridi.

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