Awards ceremony for top 25 companies in Karachi

On September 8, 2016, the Pakistan Stock Exchange organized an awards ceremony to honor 25 companies for corporate excellence. Prime Minister Nawaz Sharif graced the occasion. Finance Minister Muhammad Ishaq Dar, the Sindh Governor Dr Ishratul Ebad Khan, the Sindh Chief Minister Murad Ali Shah, the SECP Chairman Mr. Zafar Hajizi, the State Bank Governor Ashraf Mahmood Wathra and the PSX Chairman Muneer Kamal, the PSX MD Nadeem Naqvi also attended the event.

The Prime Minister said that because of our policies, Pakistan is making rapid progress. The foreign exchange reserves and the stock exchange have reached the highest level. The Finance Minister said that the economy has been revived, and has been placed on the right track. Mr. Zafar Hijazi congratulated the management of the top companies that had secured the awards owing to their exemplary performance. It is indeed commendable that adherence to standards and corporate excellence is being awarded which will serve to encourage recipients of this award and also incentivize other companies to perform better. The importance of good governance and corporate excellence cannot be overemphasized.