Shanghai Exchange pays tribute to Dr. Shamshad Akhtar

December 31, 2025 (MLN): The Pakistan Stock Exchange (PSX) has received a formal letter of condolence from the Shanghai Stock Exchange (SSE) following the sad demise of Dr. Shamshad Akhtar, former Chairperson of the PSX Board.

In the condolence letter addressed to the Board of Directors of Pakistan Stock Exchange Limited, the Shanghai Stock Exchange expressed profound sorrow over the passing of Dr. Shamshad Akhtar.

It described her as a visionary leader and acknowledged her significant contributions to Pakistan’s economy and capital markets.

On behalf of the Shanghai Stock Exchange, the letter conveyed deepest sympathies to the PSX Board, management, employees, and Dr. Akhtar’s family.

It highlighted her instrumental role in strengthening economic cooperation between Pakistan and China, particularly in the area of capital market collaboration.

The letter also recalled the growing partnership between PSX and SSE, noting that Pakistan Stock Exchange entered into a Memorandum of Understanding (MoU) with the Shanghai Stock Exchange last year.

It further acknowledged that cooperation in training and market data sharing had made meaningful progress under Dr. Akhtar’s leadership.

Recognising the loss as immense, the Shanghai Stock Exchange stated that Dr. Akhtar’s legacy, leadership, and accomplishments would undoubtedly endure and continue to inspire the capital market community.

The message concluded by reaffirming solidarity with Pakistan Stock Exchange during this period of grief and transition, offering full support to the Board and the broader PSX family.

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