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KARACHI: On Friday, Farrukh H Khan resigned as Chief Executive Officer (CEO) of Pakistan Stock Exchange Limited (PSX) to pursue other opportunities.
According to the notice issued to the bourse, ” Mr Farrukh H Khan has tendered his resignation from the position of Chief Executive Officer of Pakistan Stock Exchange Limited in order to pursue other opportunities.”
“The Board has called an emergent meeting today, Friday, July 05, 2024, to consider his resignation. Any subsequent announcement will be made accordingly,” the notice added.
Later, PSX accepted the resignation of Farrukh Khan in the emergent meeting held to consider his resignation. “with the utmost respect for Khan’s decision to pursue other opportunities, accepted his resignation.”
“The board appreciated Khan’s dedication and commitment to PSX and will work with him in the coming weeks to ensure a smooth transition to be concluded by September 2, 2024,” PSX said in its statement.
Farrukh Khan has served as CEO PSX since February 2020 along with the President of the Overseas Investors Chamber of Commerce & Industry (OICCI), Chairman of the Young Presidents’ Organization, Pakistan Chapter, and on the boards of prominent public and private sector organizations.
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