Farrukh Hussain Khan has authoritatively expected the charge of Chief Executive Officer (CEO) of the Pakistan Stock Exchange (PSX).
PSX reported that Farrukh Hussain Khan, who was delegated by the Board of Directors of the Pakistan Stock Exchange with the endorsement of Securities and Exchange Commission of Pakistan as Chief Executive Officer of PSX, has expected accuse of quick impact from today, instead of Mr. Muhammad Rafiq Umer, who was going about as directing acting CEO till the date of presumption of charge by new CEO.
The approaching boss succeeds. Muhammad Rafique Umer who was directing as Acting CEO till the date of suspicion of charge by new CEO.
Farrukh Hussain Khan on LinkedIn said that he is energized and is anticipating joining the Pakistan Stock Exchange. He said that there is heaps of work to do in one of the most underestimated and intriguing developing markets.
Pakistan Stock Exchange has at last discovered another head after the greater part a year. PSX was without a CEO since Richard Morin left the situation in May 2019. Morin was the first-ever non-Pakistani to lead the bourse subsequent to getting delegated as CEO in January 2018.
Morin was excluded for not meeting the “fit and appropriate” criteria of the Securities Exchange (Licensing and Operations) Regulations because of his purportedly bogus answering to the Canadian Securities Authority, PSX board, and the SECP that he claimed a Canadian organization – Archer Wealth Management.
Farrukh is an accomplished business visionary and a main business and monetary counsel who has exhorted on numerous milestone exchanges, including Etisalat’s $2.6 billion procurement of PTCL, the biggest M&A and remote direct interest in Pakistan’s history.
With more than 25 years of senior administration and board-level understanding, Farrukh Hussain Khan is the establishing accomplice and previous CEO of BMA Capital Management Limited. Khan qualified as a Chartered Accountant from the UK and got a BA (Hons.) in financial aspects and money from the University of Manchester.
Already, Khan was the main business improvement official at Acumen and an individual from Acumen’s Management Committee. He was likewise the nation chief and CEO of Acumen Pakistan, where he was liable for contributing, business advancement and administration improvement exercises.