Board of Directors

Central Depository Company of Pakistan Limited (CDC) is the only depository in Pakistan

Moin M. Fudda

Director

Moin M. Fudda

Mr. Moin M. Fudda has over 40 years of rich and unique blend of professional experience which encompasses working for the corporate sector and performing diplomatic duties. He holds an MBA (Insurance & Risk Management) from St. Jones University, New York, and B.S. (Insurance & Economics) from R.C.D. College of Insurance, Tehran. He is a Certified Corporate Governance Trainer by International Finance Corporation (IFC) since 2010 and is a Member of Faculty at the Pakistan Institute of Corporate Governance (PICG). He is an Independent Director on the Board of Wyeth Pakistan Ltd. where he is also Chairman of the Audit Committee. He also serves as an Independent Director on the Board of Al Meezan Management Limited. He is a Nominee Director of Securities & Exchange Commission of Pakistan (SECP) on the Board of Pakistan Stock Exchange (PSX) and is a Member of its Regulatory Affairs, Audit, Human Resources & Remuneration and Voluntary De-listing Committees. Mr. Fudda has been nominated by PSX on the Board of Central Depository Company of Pakistan Limited (CDC) where he also serves as Chairman of the Audit Committee and a Member of the Disciplinary Panel and Investment Committee as well as a Member Board of Directors of ITMinds Ltd, subsidiary of CDC. He is also a Nominee Director of PSX on the Board of PICG and a Member of its Task Force to review the Code of Corporate Governance 2009.

Since 1990, he has been serving as the Honorary Consul General of New Zealand for Pakistan. From early 2016 he has been appointed as a Country Representative for SCOR – A Global 1 Tier Reinsurer. He is a founder Member of Board National Center for Dispute Resolution (formerly KCDR), a Member, Board of Karachi Council on Foreign Relations as well as a Member of the Executive Committee of English Speaking Union of Pakistan. Moreover, since 2003, he continues to serve as a Chairman/Member of various Alternate Dispute Resolution Committees (ADRC) formed by the Federal Board of Revenue. He is a Member of the Task Force formed by the Ministry of Finance to promote Corporate Governance in Public Sector Enterprises (PSEs).

He has also worked for Stewart Wrightson (Member of Lloyds of London) at its office in Tehran, American International Group (AIG) in its head office in New York as well as an Adjunct Assistant Professor at The College of Insurance, New York. He has been the Executive Director, Reinsurance, Pakistan Insurance Corporation, Country Chief of New Zealand Insurance and Commercial Union now AVIVA and Managing Director of Commercial Union Life, now Jubilee Life Insurance. He is currently a Member of the Insurance Consultative Group formed by SECP.

He was Nominee Director of the Management Association of Pakistan (MAP) on the Board of the then Karachi Stock Exchange (KSE) in 1999/2000 and thereafter as its Managing Director from 2002 to 2005. During the same period, he represented KSE at various National and International Forums and also served as a Member of Technical Committee of South Asian Federation of Exchanges and Chairman of the Task Force on Corporate Governance at Federation of European and Asian Stock Exchanges. He was nominated and then elected as the Chairman of the Board of National Clearing Company of Pakistan Limited, Chairman of the Audit Committee of the Board of Central Depository Company of Pakistan and a founding Managing Director of the National Commodity Exchange, now Pakistan Mercantile Exchange.
From September 2005 till January 2016, he remained Country Director of Center for International Private Enterprise (CIPE) Pakistan. From, February 2015 to December 2015 Mr. Fudda has also served as the Chairman of the Board of formerly Islamabad Stock Exchange Limited. Earlier he held other prominent positions such as President of the Overseas Investors Chamber of Commerce & Industry (OICCI), Management Association of Pakistan (MAP) and the Karachi Boat Club. He has also been a Member, Board of the Privatization Commission and Board of Investment (Government of Pakistan), Pakistan Institute of Management (PIM), Federation of Pakistan Chamber of Commerce & Industry (FPCC&I), Pakistan Britain Business Advisory Group and Indus Valley School of Arts and Architecture. He was appointed as a Member of Committees on Anti-Money Laundering and Transfer Pricing by the SECP and a Member of National Policy Platform for Competitiveness & Economic Growth by the Ministry of Economic Affairs.

In 2006, Mr. Fudda was awarded Sitara-e-Imtiaz (S.I.) conferred by the President of Pakistan. In 2002, he was recognized as the Honorary Officer of the New Zealand Order of Merit (ONZM) and in 1990 NZ Commemoration Medal was conferred by the Queen of New Zealand. In the year 1989 Mr. Fudda was awarded the Best Managers Award by Institute of Business Administration (IBA) Karachi.