KARACHI: Nadir Rahman has joined the Pakistan Stock Exchange (PSX) as its Chief Operating Officer (COO), according to a statement issued by the exchange on Wednesday.
As per the statement, Nadir has a 29-year-long hands-on experience of working in both domestic as well as international capital markets.
His core areas of expertise include business development, operations, investment management and corporate restructurings. He has advised on numerous capital market transactions, including the largest delisting in Pakistan’s history.
Previously, he was the CEO of BMA Capital Management Ltd for a period of three years. Prior to that, he served as the Group CEO in Mega & Forbes, as Managing Director and CEO at KASB Securities Limited, JS Global Capital Limited and Mashreq Asset Management.
He was also the founding member and the first CEO of Foundation Securities. In addition, he has been associated with Fauji Foundation, Standard Chartered Bank, ABN AMRO, Citibank and Bukhatir Investments Ltd (UAE) in middle and senior management roles.
Rahman holds dual bachelor’s degrees from the University of Pennsylvania’s Wharton School and The College of Arts and Sciences.
“The position of COO at PSX was approved and budgeted by the board but was lying vacant for some time. This was an important role to fill to continue the institutional building at PSX,” said PSX CEO Farrukh Khan. “I am very happy that someone with the experience and calibre of Nadir is joining the senior team at PSX. We have a challenging year ahead, with many positive initiatives underway. Nadir’s experience and knowledge will help execute these in an expeditious manner.”