CFA Society Pakistan recently collaborated with The Pakistan Credit Rating Agency Limited (PACRA) and CFA Institute (ARX platform) to launch a research publication on "Independent Directors in Pakistan".
This publication is prepared with respect to independent directors currently serving on boards of various companies in Pakistan. It mainly focuses on their role, responsibility, diversity, selection, remuneration, representation, and board terms. Key content for the comparative analysis of different Asia-Pacific markets was extracted by this report from CFA Institute's research, 'Independent Directors in Asia Pacific', published in 2021 (Sivananth Ramachandran, CFA, Piotr Zembrowski, CFA, Sara Cheng, JD, & Mary Leung, CFA, 2021).
Representatives of CFA Society Pakistan and PACRA also presented the findings of this publication to Mr. Aamir Khan, Chairman, SECP and Ms. Musarat Jabeen, Executive Director, SECP in December 2022. Representatives from CFA Society Pakistan included Mr Mohammad Shoaib, CFA, Director, CFA Society Pakistan, Mr Abdul Rehman Warraich, CFA, FRM, President, CFA Society Pakistan, and Ms Sarwat Ahson, Executive Director, CFA Society Pakistan along with Mr Shahzad Saleem, CFA, CEO, PACRA, and Ms. Iram Tahir, Company Secretary, PACRA.
Mr. Mohammad Shoaib, CFA, Director and Mr. Shahzad Saleem, CFA, CEO, PACRA provided key insights and contribution in this project. We would also like to acknowledge Mr. Scott Lee, Senior Director, Asia Pacific Research Exchange, CFA Institute for his support.
Access the research publication here.