AGL 39.50 Decreased By ▼ -0.50 (-1.25%)
AIRLINK 131.70 Increased By ▲ 2.64 (2.05%)
BOP 6.81 Increased By ▲ 0.06 (0.89%)
CNERGY 4.73 Increased By ▲ 0.24 (5.35%)
DCL 8.49 Decreased By ▼ -0.06 (-0.7%)
DFML 41.45 Increased By ▲ 0.63 (1.54%)
DGKC 82.15 Increased By ▲ 1.19 (1.47%)
FCCL 33.25 Increased By ▲ 0.48 (1.46%)
FFBL 72.58 Decreased By ▼ -1.85 (-2.49%)
FFL 12.40 Increased By ▲ 0.66 (5.62%)
HUBC 110.74 Increased By ▲ 1.16 (1.06%)
HUMNL 14.40 Increased By ▲ 0.65 (4.73%)
KEL 5.18 Decreased By ▼ -0.13 (-2.45%)
KOSM 7.65 Decreased By ▼ -0.07 (-0.91%)
MLCF 38.85 Increased By ▲ 0.25 (0.65%)
NBP 63.78 Increased By ▲ 0.27 (0.43%)
OGDC 192.51 Decreased By ▼ -2.18 (-1.12%)
PAEL 25.60 Decreased By ▼ -0.11 (-0.43%)
PIBTL 7.37 Decreased By ▼ -0.02 (-0.27%)
PPL 153.85 Decreased By ▼ -1.60 (-1.03%)
PRL 25.85 Increased By ▲ 0.06 (0.23%)
PTC 17.75 Increased By ▲ 0.25 (1.43%)
SEARL 82.10 Increased By ▲ 3.45 (4.39%)
TELE 7.80 Decreased By ▼ -0.06 (-0.76%)
TOMCL 33.49 Decreased By ▼ -0.24 (-0.71%)
TPLP 8.50 Increased By ▲ 0.10 (1.19%)
TREET 16.60 Increased By ▲ 0.33 (2.03%)
TRG 57.49 Decreased By ▼ -0.73 (-1.25%)
UNITY 27.61 Increased By ▲ 0.12 (0.44%)
WTL 1.37 Decreased By ▼ -0.02 (-1.44%)
BR100 10,495 Increased By 50 (0.48%)
BR30 31,202 Increased By 12.3 (0.04%)
KSE100 98,080 Increased By 281.6 (0.29%)
KSE30 30,559 Increased By 78 (0.26%)

The Members of the Mutual Funds Association of Pakistan (MUFAP) have elected new Directors on the Board of Directors against the vacancies arising from the rotational retirement of some of the Directors on the 20th September, 2012. The new Board of Directors of MUFAP at its first meeting held on the 1st October, 2012 has elected the new Chairman and Vice Chairman for the year 2012/ 2013 (1st October, 2012 to 30th September, 2013).
The new Chairman is Rehan N. Shaikh and the Vice Chairman is Rashid Mansur. Chairman Rehan N. Shaikh is the Chief Executive Officer of HBL Asset Management Limited with over 16 years of international experience in the Mutual Funds industry. Prior to joining HBL Asset Management Limited, Shaikh worked at State Street Corporation in Boston, USA where he managed several operational groups including fund accounting, custody, security pricing and financial reporting for multiple institutional clients.
Vice Chairman Rashid Mansur is the Chief Executive Officer of JS Investments Limited (JSIL). Prior to joining JSIL he was the President and CEO of Escorts Investment Bank Limited and has also served as the Chairman of the Investment Banks Association of Pakistan. He is a Fellow of the Institute of Bankers in Pakistan and Associate of the Chartered Institute of Bankers London with over 26 years of domestic and international banking experience.
The Directors of MUFAP for the year 2012/ 2013 consist of: Rehan N. Shaikh Chairman, Rashid Mansur Vice Chairman, Adnan Siddiqui, Amer Maqbool, Dr Amjad Waheed, Imran Azim, Imran Motiwala, Ms Hina Ghazanfar, Ms Maheen Rahman, Mir Adil Rashid, Mir Mohammad Ali, Nihal Cassim, Ms Tara Uzra Dawood and Ms Mashmooma Majeed. The Board of Directors of MUFAP at the first meeting of the new Board paid rich tribute for the outstanding services rendered to MUFAP by its outgoing Chairman, Imran Azim and Vice Chairman Mohammad Shoaib, CFA through the very generous allocation of their time made to MUFAP and the sound leadership they provided to the industry.-PR

Copyright Business Recorder, 2012

Comments

Comments are closed.