SECP reappoints nominee directors to KSE board

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Securities and Exchange Commission of Pakistan (SECP) has re-nominated Muneer Kamal, Shazad G Dada, Asif Qadir and Abdul Qadir Memon on the board of Karachi Stock Exchange (KSE) for the calendar year, 2012. These nominee directors had also served on KSE board last year as independent directors and their appointment could be seen as a fair balance of the requisite qualifications and skills.
Muneer Kamal, presently vice-chairman of KASB Bank Limited, has over 28 years of extensive experience in the banking and financial sector during which he has served locally and internationally on senior positions at various renowned banks. 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. Asif Qadir, President and CEO Engro Polymer and Chemicals Limited, has over 30 years of management and marketing experience in chemical and fertiliser sector and has served in key management positions in the chemical giant, Engro Corporation Limited. Abdul Qadir Memon, Fellow of the Institute of Taxation Management Pakistan and President Pakistan Tax Bar Association, is a senior resource and renowned tax and corporate law expert, possessing an in-depth knowledge about various aspects and implications of corporate matters and company laws.