Chief Executive Officer and Chairman Pakistan Stock Exchange, Richard Morin has resigned from the post. According to the official sources, Richard Morin’s resignation has been accepted by the Board of Directors of the PSX. A notification of his resignation was shared on the PSX website.
According to sources emergency meeting of the PSX Board of Directors (BoD) was held during which Morin submitted his resignation. It was approved by the board.
Earlier it was reported that Richard Morin had been served a show cause notice by a bourse’s committee, asking him to explain his simultaneous working with a Canadian wealth management company. Richard Morin had joined the PSX as the first–ever non-Pakistani CEO in January 2018.
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20 July, 2019