RECORDER REPORT

KARACHI: Richard Morin has been appointed as the Managing Director and Chief Executive Officer (CEO) of Pakistan Stock Exchange (PSX).

Sources said the Securities and Exchange Commission of Pakistan (SECP) has given approval of the appointment of new MD of PSX. The Canadian-national Richard Morin is the first foreign national MD of the local bourse.

The SECP gave approval of appointment of new PSX Chief Executive Officer on the recommendation of the board of directors of the PSX.

Currently, Haroon Askari is serving as the CEO of PSX whose tenure as acting CEO was extended till November 30, 2017. The newly-appointed MD Richard Morin is expected to join PSX by the end of current month.