RECORDER REPORT

KARACHI: Haroon Askari will continue as Acting Managing Director/Chief Executive Officer of Pakistan Stock Exchange (PSX) till the date of appointment of new MD/CEO of the PSX.

According to a notice issued by Pakistan Stock Exchange, the Securities and Exchange Commission of Pakistan (SECP) has allowed Haroon Askari to continue as Chief Executive Officer (CEO) of Pakistan Stock Exchange (PSX) till October 31, 2017 or the date of appointment of new CEO/Managing Director of the PSX, whichever comes earlier.

The decision has taken in order to ensure continuity of operations of the PSX in a smooth manner as the process for appointment of new Managing Director is still on, the notice said.