Pakistan Stock Exchange, a woman Chairperson has been elected on the Board of Directors. In the first meeting of the newly elected PSX Board held on May 4, 2021, Dr. Shamshad Akhtar has been unanimously elected as the PSX Board Chairperson. This is a momentous occasion for the women of Pakistan that for the first time in the history of the capital market of the country, a woman has been elected as the Board Chairperson. Dr. Shamshad Akhtar needs no introduction as she is a veteran of the financial markets of Pakistan and has also held the honourable position of Governor, State Bank of Pakistan, in the past. She spearheaded the capital market development reforms during her tenure at the Asian Development Bank in 1990s and more recently worked with the industry on the Capital Market Roadmap in her capacity as the Caretaker Finance Minister. Pakistan Stock Exchange (PSX) had announced the appointment of three independent directors on its Board, subsequent to the approval by the SECP, on April 29, 2021. The names of the independent directors are as follows: Dr. Shamshad Akhtar (now elected as Chairperson of the Board). Mr. Javed Kureishi; Mr. Mohammad Salahuddin Manzoor.