Islamabad, Aug 29: Nadeem Naqvi is the acting Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX). With permission from the Securities and Exchange Commission of Pakistan, the Board of Directors of Pakistan Stock Exchange Limited (PSX) has named Nadeem Naqvi, a shareholder director, as the acting Chief Executive Officer (CEO), the company announced on Thursday.
Starting on September 3, 2024, Naqvi will hold the position of Acting CEO. He will stay in this capacity until a permanent CEO is named, or until November 30, 2024, whichever comes first.As per the details on the PSX website, Naqvi holds the position of CEO at the Habib University Foundation in Karachi. From 2011 until 2017, he served as the Pakistan Stock Exchange’s (PSX) managing director. In 2017, he decided to retire early.During his leadership, the Exchange’s earnings and income increased from Rs. 692 million and Rs. 50 million in 2011 to Rs. 1,477 million and Rs. 277 million in 2017.