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The Securities and Exchange Commission of Pakistan (SECP) has nominated four professionals on the executive board of Islamabad Stock Exchange (ISE) for 2005-06, in accordance with the Articles of Association of the Exchange.

The nominated directors are R.A Chughtai, Chairman, Zarai Taraqiati Bank Ltd; Rashid Zahir, Chairman/Chief Executive Officer, Saudi Pak Industrial Agricultural & Investment Company; Shaharyar Ahmad, Sr Executive Vice President Askari Commercial Bank; and Mrs Rahat K Hassan of Hassan Kaunain & Nafees.

Three of nominated directors are senior bankers, including Chughtai who retired as Deputy Governor, State Bank (SBP), while Mrs Rahat is a lawyer by profession - an advocate.

Copyright Business Recorder, 2005


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