Mr. Richard Morin joined Pakistan Stock Exchange Limited (PSX) as CEO from Ja...
Mr. Rafique has been associated with Pakistan Stock Exchange since 2001 and c...
Mr. Mitha is a Fellow member of the Institute of Chartered Accountants of Pak...
Mr. Abbas Mirza has professional working experience of over 22 years in diver...
Mr. Mahmood is a seasoned professional who has 27+ years of experience in IT ...
Mr. Farhan Ansari is a Fellow member of the Institute of Chartered Accountant...
Mr. Hashmi has over 23 years of experience in the field of Capital Markets wi...
Ms. Asmaa is a CFA Charter Holder and has completed her Bachelors in Business...
Ms. Raeda Latif has more than 20 years of experience in the areas of Strategi...
Hassan has over 18 years of expertise in the areas of Fund Management, Portfo...
Ms. Sanam Kohati has over 16 years of experience in the field of Strategic HR...
Mr. Nisar Ahmed Qazi possesses vast experience in the field of infrastructura...
Mr. Ghufran has been associated with the Exchange for more than 31 years. He ...
Mr. Richard Morin joined Pakistan Stock Exchange Limited (PSX) as CEO from January 11, 2018. He is an experienced financial markets professional with 30 years of experience spreading across various emerging markets and in Canada. Throughout his professional career, Mr. Morin has contributed in various segments of financial markets including but not limited to formulation of securities markets regulation and supervision mechanisms, derivative markets, central depositories, clearing systems, government securities markets and investment advisory.
During his term at the Montreal Exchange from 1984 to 1995, he held various key positions such as Vice-President (Operations – Derivative Products), Director (Market Quality), Director (Market Development) and as a Listing Officer. For two years, he also headed the Stock Exchange of Mauritius bringing in line Mauritian capital market up to international standards. For over a year, from 1998 to 1999 he was appointed as the Chief of Mission of Regional Stock Exchange of West Africa to devise a strategic plan and advise the Regional Stock Exchange of West Africa on issues related to market development, operations, regulation and risk management.
From 1999-2001, Mr. Morin served as Vice-president of National Bank Securities, the mutual funds and discount brokerage subsidiary of the National Bank of Canada, where he managed client assets of $5 billion. In 2002, He Co-founded Landry Morin inc offering investment management services to private and institutional clients.
Mr. Morin was also appointed as the Managing Director of Investment Industry Association of Canada (IIAC) from 2013 to 2015 where he led the investment industry’s advocacy and lobby efforts in the areas of listed and OTC derivatives and online brokerage. In 2015, He established Archer Wealth Management inc. serving as a CEO and CCO offering wealth management services to private clients.
As a consultant in 2001, Mr. Morin advised the Québec Securities Commission (Canada) and the financial market regulator of West Africa. As part of a World Bank funded initiative, Mr. Morin also conducted a feasibility study for the establishment of a stock exchange and a central depository and settlement company in Yemen.
With the aim to share his vast experience and to guide young professionals, Mr. Morin has served as a lecturer at Université de Sherbrooke where he taught capital market structure as part of ‘Graduate Finance Program’. As a volunteer, he acts as a mentor to assist young entrepreneurs in their early stage tech startups.
Mr. Morin earned Bachelors in Economics in 1982 from University of Montreal and Masters in Business Administration in 1988 from McGill University. He also passed ‘Canadian Securities Course’ in 1984 and ‘Partners, Directors and Officers Examination’ in 2000 from Canadian Securities Institute. Recently, he has also passed ‘Chief Compliance Officer Examination’.
Besides being the Managing Director of PSX, Mr. Morin is also appointed by the Board as Chairman of Listing & Voluntary De-Listing Committee and as a member of IT & IS Steering Committee.
Mr. Rafique has been associated with Pakistan Stock Exchange since 2001 and currently holds the position of Secretary to the Board and General Manager, Legal Affairs of the Pakistan Stock Exchange.
He is a graduate in Commerce and Law from University of Karachi. He has also appeared in selected subjects, as a regular student of Institute of Business Administration. Further, he availed Banking Diploma and Banking Certificate from Institute of Bankers Pakistan with First position throughout the country. Mr. Rafique has attended seminars & workshops on various subjects, within and outside the country, including Capital Market Compliance & Examination workshop arranged by the US Securities & Exchange Commission at USA. He is also a certified director from Pakistan Institute of Corporate Governance.
Mr. Rafique has local and foreign experience of more than four decades in the field of finance, banking & capital markets. Prior to joining PSX, he remained with United Bank Ltd; Saudi French Bank (Saudi Arabia) and Atlas Group of Companies. At PSX, apart from Company Secretary, he also performs secretarial functions of four Committees, which include Regulatory Affairs Committee, Human Resource & Remuneration Committee, Nomination Committee and Divestment Committee. He is one of the Trustees of Centralized Customers Protection Compensation Fund and Clearing House Protection Fund of PSX. He also represents PSX under authority of the Board at General Meetings of associated and other companies, where PSX has equity stake. In the past, he represented PSX as nominee director on the Boards of Central Depository Company and National Clearing Company of Pakistan Limited.
As Secretary of the Board and various Committees, he ensures compliance with all corporate & secretarial requirements as provided in relevant laws, rules, regulations, directives, Code of Corporate Governance, etc.
Mr. Rafique remained actively engaged in the entire process of corporatization, demutualization, divestment and self-listing of PSX as well as integration of three Exchanges and was instrumental in smoothly completing all time-bound activities.
Being Head of Law Department, he arranges to provide required legal opinions/advices, vetting of various agreements, MoUs, contracts, etc. to other departments of PSX internally or from outside counsels. He also represents PSX before various Courts of Law and authorities including SECP, CCP, NAB, FIA, NIRC, Ombudsman, etc. with a view to defend PSX for any adverse legal action or to enforce its rights against any party.
Mr. Mitha is a Fellow member of the Institute of Chartered Accountants of Pakistan (ICAP) and completed his Articleship from one of the Big four firms, AF Fergusons, a member firm of Price Water House Coopers (PWC) International. He is also an Associate member of Institute of Cost and Management Accountants of Pakistan (ICMAP).
He started his career in the year 1994 from PWC as an Assistant Manager and brings with him over 25 years of leadership experience in the field of Audit and Finance, in both public and private sectors, including cement and textile industries. Mr. Mitha has previously held the position of Executive Director Finance and Company Secretary of National Insurance Company Limited (NICL).
Currently he holds the position of Member cum Secretary of the Taxation Committee of PSX, Centralized Customer Protection Compensation Fund (PSX) and also a member of various other senior management committees at PSX. His areas of responsibility, besides managing the Finance department, also include strategic planning and medium term financial projection for the development of the Exchange.
Mr. Abbas Mirza has professional working experience of over 22 years in diversified business sectors including Capital Markets, Banking, Development Financial Institutions, Telecom, Advertising & Marketing. He has served in different capacities, leading to senior management level roles including as General Manager, Head of department, Head of Division(s) and Head of various independent projects. Mr. Mirza has a successful track record and he is considered a dedicated professional who is detail and target oriented. He has expertise in policy making, re-structuring, managing large teams and ensuring timely deliveries. He has played a key role in formulating effective strategies that positively impacted P&L of various organizations. Among other achievements, he has to his credit a launch of Pakistan’s first Online Stock Trading Portal for leading stock brokerage house, setting up a brokerage company for Pakistan Kuwait Investment Company of Pakistan, and setting up Compliance & Enforcement function for PSX under Regulatory Affairs Division.
He joined PSX in 2008 and served in capacities of Deputy General Manager and General Manager Operations where he was responsible for trading & broker dealers affairs, customer services, Investors relations, dispute resolutions and claim settlements. He has been instrumental in introducing regulatory amendments to effectively and stringently regulate the Stock Market for ensuring fair and orderly market for all, and to promote compliance culture among regulated entities. He has been involved in liaising with Govt. Agencies including NAB, FIA, Prime Minister Inspection Commission and Federal/Provincial Ombudsman in various matters of investors’ complaints and litigations. He is member of multiple significant nature committees of Capital Market formed by Securities & Exchange Commission of Pakistan including Oversight Committee constituted under Joint Inspection Regulations 2015. He is also a core member of Risk Management Committee of National Clearing Company of Pakistan.
Presently he is serving as head of Regulatory Affairs Division in capacity of Chief Compliance Officer and Acting Chief Regulatory Officer. He holds degree in Masters of Business Administration (MBA) and multiple certifications in various business disciplines and completed his four years C.A. articleship with Ernst & Young, a leading firm of Chartered Accountants.
Mr. Mahmood is a seasoned professional who has 27+ years of experience in IT domain of Banking and Financial sector, his core competencies being in the fields of Infrastructure Architecture, Service Delivery, Project Management, Strategic Planning, BCP & DR Planning & Implementation, Team Management & Development, Budgeting and Planning.
He has worked for various senior management positions in banks including National Bank, State Bank, Barclays, KASB and Saudi Pak Commercial (now Silkbank). He also remained associated with Cupola Pakistan, Unisys Pakistan and Fujitsu-ICL Pakistan in multiple capacities.
He is a M.Sc. in Computing from Cardiff University, Wales, UK and a BCS in Computer Science from National University of Computer & Emerging Sciences, Pakistan (previously known as FAST), and has also completed a Post Graduate Diploma in Business Administration from IBA Karachi.
Mr. Farhan Ansari is a Fellow member of the Institute of Chartered Accountants of Pakistan. He is also a Certified Internal Auditor from the Institute of Internal Auditors-USA. He has with him around 19 years’ experience in the field of Audit and Accounts.
Mr. Farhan completed his CA training from EY Ford Rhodes Chartered Accountants and has been associated with the Exchange since 2006. Currently, he heads the Internal Audit function of the Exchange and is also a Secretary to the Board Audit Committee. Prior to joining the Exchange, Mr. Farhan was associated with Dadex Eternit Limited.
Mr. Hashmi has over 23 years of experience in the field of Capital Markets with a strong understanding of trading operations and support functions. Mr. Hashmi remained associated with Emirates NBD Group, UAE for more than 12 years where he has held senior positions including Head of Operations & Business Support for Emirates NBD General Clearing Member and Chief Operating Officer for Emirates NBD Securities Dubai. Moreover, he was part of Operational Risk Control and Head of Brokerage Operations of Emirates Islamic Bank (Emirates NBD Group Co.).
Prior to Emirates NBD Group, he has worked for IGI Investment Bank in the capacity of Head of Brokerage Operations, Lahore Stock Exchange as Manager Clearing House & Settlement and Prudential Securities Ltd. as Branch Manager.
Jawad is an MBA Finance and an Associate of Chartered Institute of Securities and Investment (CISI), UK.
Ms. Asmaa is a CFA Charter Holder and has completed her Bachelors in Business Administration from Institute of Business Administration (IBA), Karachi. She was working for Pak-Arab Refinery Limited as a Corporate Financial Analyst and Risk Manager before joining PSX in October 2015. She has been associated with the Exchange for approximately three (3) years now. Within Company Affairs Department, she has looked into matters pertaining to listing, voluntary delisting, selection of Top 25 Companies, reviewing international best practices and proposing amendments in relevant PSX Regulations. She provided assistance in SME Market development by promoting the SME Board of the Exchange. She has been involved in ad hoc assignments frequently and most recently drafted the White Paper proposing reforms to PSX’s Investor Protection Fund. Her areas of expertise include financial analysis, financial modelling, corporate finance, project management and risk management.
Ms. Raeda Latif has more than 20 years of experience in the areas of Strategic Marketing, Brand Building, Public Relations and Communications Strategy, Media Education and Awareness Campaigns.
Ms. Raeda has held senior positions, including Head of Marketing/Business Development with Faysal Bank, UBL Fund Managers, PMEX, IGI Financial Services, Arwen Technologies, Union Bank, Cyber Internet Services, Habib Oil Mills and Circuit Draft FCB.
She holds a MBA (Double Major in Marketing and IT) from Hamdard Institute of Management Sciences and a MA English from University of Karachi. She is a Certified Director from PICG and a Member of the Chartered Institute of Marketing (MCIM), UK. Ms. Raeda is also a Visiting Faculty Member (Marketing and Brand Management) at Karachi University, IBA, SZABIST and Greenwich University.
Hassan has over 18 years of expertise in the areas of Fund Management, Portfolio Management, Asset Management, ETFs, Financial Analysis, Equity Research, Credit Analysis and Financial Modelling.
Mr. Raza has worked for various positions in Pakistan, North America and Middle Eastern Financial Sector and remained associated with NUST Business School (PK), Wasatah Capital (KSA), FALCOM Financial Services (KSA), SAMA- Central Bank (KSA), Bank of Montreal (Canada), International Financial Data Services Ltd. (Canada) and Askari Commercial Bank (PK).
He is a CFA Charter holder, MBA from University of Windsor, Ontario, Canada and a MBA from Quaid-e-Azam University, Islamabad. He is also a Diploma Associate from Institute of Bankers Pakistan, a Bloomberg certified ‘Equity Essentials’ and ‘Commodity Essentials’, has completed Islamic Financial Qualification (IFQ) from Chartered Institute for Securities and Investment, UK and other misc. courses.
Ms. Sanam Kohati has over 16 years of experience in the field of Strategic HR Leadership and Advisory with a strong understanding of core HR areas i.e. Talent Management, Reward Strategy, Organization Development, Employee Relations, Employee Engagement/ Welfare, Coaching & Mentoring, Market Analytics and Employer Branding etc.
Sanam has held senior positions including Head of HR for 2 years at Silkbank and 11 years at Citibank Pakistan, with her last assignment with Citibank being a Sub Cluster HR Head covering Pakistan, Bahrain, Kuwait and Qatar. She has also worked for Pakistan State Oil prior to excelling in the Banking Industry.
She holds an MBA from Institute of Business Administration with a distinction.
Mr. Nisar Ahmed Qazi possesses vast experience in the field of infrastructural development projects that encompasses Civil, Mechanical and Electrical Engineering concerned disciplines. He has acquired the degree of B.Sc. Tech (Civil). Further, academically, he holds Bachelor of Arts (BA) from University of Karachi.
He has extensive 28 years’ experience in the Exchange. Initially joined the organization as an officer (Site Engineer) and currently working in the capacity of Deputy General Manager, Administration Department. He supervises overall administration function including Power, Electrical, Mechanical, Air-Conditioning Infrastructures and their operations, infrastructural development and maintenance, Contract Management, Procurement, Travelling & accommodation, Transportation, Safety & Security, Janitorial Services and besides other Exchange related facilities.
Mr. Ghufran has been associated with the Exchange for more than 31 years. He is a graduate of Business and Administration from M.E.T.U., Ankara, Turkey. He has participated in various professional courses of capital market and corporate governance, attended training programmes on the debt and equity markets. He has represented the Exchange on various local and international forums and was nominated as a Director on the Board of National Clearing Company of Pakistan Limited (NCCPL) during the year 2005-2006.
During the tenor of his service with the Exchange he has been looking after various assignments including Listing and Delisting of Companies/Securities during which time more than 500 Equity Issues/Companies and over 80 Debt Securities were listed.
Mr. Ghufran was involved in recommending various amendments in the Listing Regulations and Criteria thereof of both Equity and Debt Securities as well as listing on Over the Counter (OTC) Market, Regulations for Voluntary Delisting of Companies, implementation of KSE-100 and KSE-30 Indices, Web-Based Announcement System (PUCARS). He was nominated in the Technical Committee constituted by Securities & Exchange Commission of Pakistan on behalf of the Karachi Stock Exchange for recommending various amendments in the Listing Regulations/Regulatory Framework including Regulations for Debt Market for offer of retail investors/SME Counter/Privately Placed Debt Securities.
He is also actively involved in Trading matters.