According to a filing by Pakistan Stock Exchange limited (the company), Mr. Hussain Lawai has been appointed as the Chairman of the Board at PSX.
Mr. Husain Lawai is a seasoned banker having vast experience in the banking and financial services industry. He is the Chief Executive of The Institute of Bankers Pakistan and also the Vice Chairman of Summit Bank Limited. Additionally, he is on the Board of Directors of Pakistan Institute of Corporate Governance, GlaxoSmithkline Pakistan Limited, Wyeth Pakistan Limited and the Searle Company Limited.
Apart from his current corporate sector engagements, Mr. Lawai has served as Chairman, Board of Directors of Central Depository Company of Pakistan Limited. In addition, he served on the Board of Directors of Pakistan International Airlines Corporation, State Life Insurance Corporation of Pakistan and Sanofi- Aventis Pakistan Limited.
On the banking side, he was the first President and CEO of MCB Bank Limited, after its privatization in 1991 and served for six years. He was President and CEO of Summit Bank Limited from 2008 till his retirement in 2016.
