Pakistan Stock Exchange gets 4 new Chinese Directors

Pakistan Stock Exchange gets 4 new Chinese Directors
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KARACHI:  Pakistan Stock Exchange (PSX) welcomed four nominees from China on Friday, as board of directors to represent the 40% stake bought by the consortium through competitive bidding in December.

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.

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