SECP nominates directors for KSE Board

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.

According to a statement issued by the Commission here on Tuesday, the names announced include Muneer Kamal, Vice Chairman KASB Bank Limited, Shazad G. Dada, Chief Executive Officer Barclays Bank PLC, Pakistan, Asif Qadir, President and CEO Engro Polymer & Chemicals Limited and 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.

It is expected that the KSE Board of Directors, in particular, and the capital markets in general, will greatly benefit from the mix of extensive knowledge, global experience and diverse expertise.