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Sulmain Mehdi appointed PSX chairman

Sulmain Mehdi appointed PSX chairman

KARACHI: Sulmain S. Mehdi has been appointed as new chairman of Pakistan Stock Exchange (PSX), a statement said on Thursday.

New chairman appointed after removal Hussain Lawai. The Securities and Exchange Commission of Pakistan (SECP) had asked the PSX to remove Hussain Lawai from the post of chairman. FIR was lodged against former PSX chairman under anti money laundering law. Mehdi has in-depth experience of Insurance, banking, corporate governance. Lately he was holding the key position in Cyan limited.