ISE elects 5 directors

Islamabad Stock Exchange (ISE) has elected five directors in the sixteenth annual general meeting of the exchange for the year 2005-2006.
According to an ISE announcement on Wednesday, the members of ISE have elected following five directors: Abdul Waheed Jan, Iftikhar Ahmed, Muhammad Sharif Ch, Mian Muhammad Akram and Omer Iqbal Pasha.
During the general body meeting, the members of the exchange approved the accounts, directors and auditors reports for the financial year ending on June 30, 2005.
The board will be completed after nomination of four directors by the Securities and Exchange Commission of Pakistan (SECP). The executive board will comprise ten directors, while the managing director will be the tenth director by virtue of his office.