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SECP names independent directors for KSE board 2012

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 experie...

Experienced professionals chosen: SECP nominates directors of KSE

The Securities and Exchange Commission of Pakistan (SECP) has nominated high profiled and experienced professionals from the financial market as directors on the Board of Karachi Stock Exchange (KSE) for the year 2011. The names announced include Mr. Muneer Kamal - Vice Chairman, KASB Bank Limited; Mr. Shazad G. Dada - Chief Executive Officer, Barclays Bank PLC, Pakistan ; Mr. Asif Qadir - President and CEO Engro Polymer & Chemicals Limited; and Mr. Abdul Qadir Memon –President, Pakistan Tax Bar Association. The nominated individuals can be seen as a fair balance of the requisite qualification and skills on the KSE Board, with two of them having national and international banking and capital markets experience; one pos sessing corporate sector (management and marketing) exposure; and one carrying account ing, audit, corporate law and tax expertise. Mr. Muneer Kamal - has over 28 years of extensive experience of the banking and financial sector. Starting off at Citibank where he...