Pakistan Stock Exchange Ltd PSX Jobs Chief Executive Officer CEO

Pakistan Stock Exchange Ltd PSX Jobs Chief Executive Officer CEO

Organization: Pakistan Stock Exchange Ltd PSX

Pakistan Stock Exchange Limited (PSX) is a prestigious national institution and the country’s single integrated capital market exchange. It is dedicated to providing a safe, reliable, efficient and consistent marketplace for investors to trade securities and foster economic growth.

PSX wishes to appoint a leader (Chief Executive Officer) who shall lead the management team, collaborate with PSX’s Board of Directors to drive strategic growth initiatives and engage with multiple stakeholders, including issuers, brokers, investors, market participants and regulatory bodies. The CEO’s key overriding objective shall be to execute the strategy for the growth of PSX and the capital market and increase shareholder value in conformity with corporate policies approved by the Board. The CEO will be responsible for investor protection, adherence to best international practices, and the creation of a comprehensive product line. One of the important responsibilities of the CEO will be protecting public investors’ interests and ensuring continuous compliance of PSX with governing laws and regulations.

PSX is looking for a high-calibre professional with a demonstrated record of successfully leading a company, exceptional skills, and experience managing the business and technical parameters of a technology-driven financial enterprise or a securities exchange. The incumbent is expected to play a key role in the governance of PSX in the commercial and regulatory functions while closely working with the Board to develop and implement its strategy. The incumbent should be comfortable working in a rapidly changing market and macroeconomic environment and be cognizant of key risks affecting PSX.

QUALIFICATIONS, SKILLS AND EXPERIENCE

The candidate must possess the highest level of integrity and business ethics, along with strong interpersonal and communication skills. Demonstrated leadership capabilities must include:

• Vision for PSX’s future in rapidly changing business dynamics and economic conditions
• Ability to inspire and motivate by creating a culture of innovation, goal-oriented action and collaboration
• Ability to manage and develop an efficient and diversified management team with a depth of succession
• In-depth knowledge of capital markets and financial systems
• Understanding of the needs of market participants
• Experience and a good understanding of governance and risk management systems
• Capable of building and maintaining strong relationships with the Board, regulators, government, investors and issuers

The ideal candidate should be a member of a recognised body of professional accountants or possess a postgraduate degree either in Finance, Accountancy, Business Management, Commerce, Economics, Capital Market & Financial Services or other related disciplines from a university (local or foreign) recognised by Higher Education Commission, Pakistan, or equivalent. The candidate should have a minimum experience of 7 years in a senior level managerial position at the securities exchange (domestic or international) or has served in a senior management position for at least 7 years or as CEO for a period of 5 years in any other organization in the financial services sector with a proven successful track record. The candidate should have demonstrated, through his qualifications and experience, the capacity to successfully undertake the cognate responsibilities of the position.

The position is Karachi based and offers competitive compensation and benefits in line with the position and incumbent’s competencies. If you are a dynamic leader with a passion for driving positive change and shaping the future of Pakistan’s capital market, we invite you to apply for the CEO position at PSX. Take the opportunity to make a lasting impact on the nation’s financial landscape.

Interested individuals who meet the criteria can email their detailed resumes to hr@psx.com.pk with the subject line: CEO/MD – PSX by August 19, 2024. Only shortlisted candidates will be contacted for interviews. All applications will be treated in strict confidence. PSX is an Equal Opportunity Employer.

Last Date to Apply: 19 August 2024 

Published Date: 30 July 2024  

Newspaper: Dawn 

Pakistan Stock Exchange Ltd PSX Jobs Chief Executive Officer CEO