PSX adds four Chinese directors on board

Saturday 11 March 2017 3 months ago 23   Karachi   Print

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Report  Web desk : KARACHI: Pakistan Stock Exchange (PSX) made history with addition of four directors on board to represent the 40% stake bought by the Chinese consortium. The new directors include Que Bo from Shanghai Stock Exchange, Zheng Hu from China Financial Futures Exchange, Yu Huali from Shenzhen Stock Exchange and Li Peng from Pak-China Investment Company. The quartet would play a leading role in appointment of the PSX’s chief executive, chief financial officer and chief regulatory officer since they have been given rights to make nominations on the posts, while full-board would finalise the appointments.(01)