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.
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