Dr. Shamshad Akhtar, former SBP governor and ex-caretaker finance minister, has been appointed as the chairperson of PSX Board of Directors. The announcement was made by PSX in a statement released on Tuesday.
“Dr. Shamshad Akhtar, an Independent Director, has been appointed as the Chairperson of the Board of Directors of Pakistan Stock Exchange Limited for the Board’s term of three years that commenced on April 19, 2024,” the statement read.
Dr. Akhtar has a distinguished career, having served as the Federal Finance Minister of Pakistan twice, in 2018 and again from 2023 to 2024, during which she held multiple economic portfolios in caretaker governments. Her academic credentials include a Ph.D. from the University of Sussex and a Postdoctoral (Fulbright) from Harvard University. In recognition of her services, she was awarded the Nishan-e-Imtiaz, Pakistan’s highest civil award, on March 23, 2024.
Dr. Akhtar’s appointment is expected to bring significant expertise and leadership to the PSX, contributing to the ongoing development and stability of Pakistan’s financial markets.