Advertisement
Categories: BusinessNewsPakistan

Farrukh Sabzwari Appointed CEO of Pakistan Stock Exchange

Advertisement

Farrukh H. Sabzwari has been appointed as the new Chief Executive Officer of the Pakistan Stock Exchange (PSX) for a three-year term. The decision follows a recommendation from the Securities and Exchange Commission of Pakistan (SECP), which was later approved by the PSX Board of Directors.

Sabzwari brings extensive expertise to his role, having served in key positions at both PSX and SECP, alongside leadership roles in prominent financial institutions.

Sabzwari will assume his office as CEO of PSX on November 18, 2024.

A former SECP chairman, Sabzwari, has over 25 years of experience in senior management within the investment banking industry, both in Pakistan and internationally.

He previously served as CEO and MD of KASB Securities, the local partner of BoA Merrill Lynch, as well as BMA Capital, and was the Country Head for CLSA Emerging Markets in Pakistan.

His deep understanding of the financial sector is expected to guide the strategic direction of PSX, supporting growth in Pakistan’s capital markets and fostering a robust investment environment.

Advertisement
News Desk

Recent Posts

Farhan Ghani Arrested Over Alleged Assault on Government Servent, FIR registered

Pakistan Peoples Party (PPP) local leader and Chanesar Town Chairman Farhan Ghani has been arrested…

1 week ago

inDrive Partners with Essa Labs to Offer Drivers Up to 40% Off on Health Tests

inDrive, a global mobility and urban services platform, has joined hands with Essa Labs to…

3 weeks ago

tapmad Champions Hockey On and Off the Screen: Shamsher and Live Tournaments Bring the Sport Back into the Spotlight

tapmad Entertainment has cemented its position as a pioneer in Pakistan’s digital entertainment space, not…

3 weeks ago

Airblue Announces 14% Discount on Fares in Celebration of Independence Day

Airblue, one of the country’s leading private airlines, has announced a 14% discount on selected…

3 weeks ago

Ecommerce sector urges Govt for tax reduction and level playing field: PEA

The Pakistan eCommerce Association (PEA) has urged the government to reduce the tax burden on…

3 weeks ago

Digital Inclusion, Affordability, and the Battle Against Cash Dominate Jazz Leadership’s GSMA Summit Address

From highlighting the need for affordable smartphones and universal internet to pushing for a cashless,…

3 weeks ago