PSX rings the bell for gender equality on Women’s Day

March 10, 2025 (MLN): The Pakistan Stock Exchange (PSX) proudly hosted a Gong Ceremony to celebrate Ringing the Bell for Gender Equality on International Women’s Day.

The event was held in collaboration with UN Women, Women on Board Initiative, International Finance Corporation (IFC), Central Depository Company (CDC), Pakistan Institute of Corporate Governance (PICG), Alfalah AMC, and CFA Society Pakistan.

It reaffirmed PSX’s commitment to promoting gender equality and women empowerment in the corporate sector.

The ceremony brought together distinguished leaders, professionals, and industry experts to celebrate the achievements of women and discuss strategies for fostering inclusivity in the financial and business landscape.

Women leaders from the corporate world and other sectors were invited as esteemed guests, further highlighting the significance of gender inclusivity and leadership representation.

The session commenced with opening remarks by Dr. Shamshad Akhtar, Chairperson of Pakistan Stock Exchange (PSX), who acknowledged the significance of International Women’s Day and the role of women in economic development and social progress.

She stated, Gender inclusivity is a key pillar of the Sustainable Development Goals (SDGs), serving as both an initiator and driver of growth and sustainability.

While the financial sector has historically been male-dominated, it is evolving, with women gaining greater representation as investors, managers, and entrepreneurs, she noted.

Progressive nations have dismantled barriers, defined stereotypes, and demanded concrete action to place women at the forefront, as per the press release issued today.

As a signatory of the Women’s Empowerment Principles (WEPs), PSX is committed to advancing gender equality and fostering greater opportunities for women in the financial sector.

PSX is committed to driving innovation and introducing new products that benefit women, ensuring they have greater financial inclusion and investment opportunities, she further stated.

PSX is committed to leading by example and dedicated to fostering an environment where diversity thrives and where everyone’s voice is not only heard but amplified and valued.

Our mission is to prepare the economic growth and innovation crucial to our nation’s future, she added.

Following the opening address, a symbolic Gong Ceremony was conducted to mark the occasion, emphasizing the need for continuous efforts toward achieving gender parity in Pakistan.

Dr. Zeelaf Munir, Chairperson of the Pakistan Business Council and MD/CEO of EBM, was invited as the guest of honor at the event and emphasized that gender equity is an economic necessity.

She stressed that businesses and financial markets must take bold action to ensure women have equal access to leadership, investment, and opportunity.

The event also featured an engaging panel discussion with esteemed panelists, including:

Ms. Kanza Afzal, CFA, General Manager Finance & Planning, Engro Polymer & Chemicals Ltd Ms. Shafaq Fauzil Azim, Acting President & CEO, Pakistan Institute of Corporate Governance (PICG) Ms. Naz Khan, Principal Country Officer, International Finance Corporation (IFC)

Ms. Ammara Masood, CEO, NdcTech, & Independent Director, Central Depository Company (CDC) Ms. Saffina Danish Elahi, Author & Entrepreneur Mr. Ahmed Bozai, Country Officer, Citibank Pakistan

The panel discussion, titled From Setback to Success: Resilience and Overcoming Career Challenges, focused on the journeys of women professionals.

It highlighted their perseverance in navigating obstacles and achieving success in their respective fields.

The discussion was moderated by Ms. Mashal Khan (Alfalah AMC).

The ceremony concluded with closing remarks by Mr. Farrukh H. Sabzwari, MD & CEO of Pakistan Stock Exchange.

He reiterated PSX’s commitment to promoting gender equality in the financial market, not only to increase the investor base but also to enhance the significance of gender equality in corporate leadership.

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