Board of Directors

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

Muhammad Hanif Jakhura

Chief Executive Officer

Muhammad Hanif Jakhura

Muhammad Hanif Jakhura joined CDC in 1994 and was elevated to the position of CEO in March 2002. He was also appointed as the first Chief Executive Officer of National Clearing Company of Pakistan Limited (NCCPL) in January 2002 and served in that position as well up to September 2005.

Mr. Hanif’s initiative in adopting diversification as one of CDC’s major strategic objectives has resulted in the establishment of CDC’s Trustee & Custodial Services and Registrar & Transfer Agent services, both of them becoming trend setting services in their respective industry sectors.

Mr. Jakhura has also been elected as the Chairman of Executive Committee of Asia-Pacific Central Securities Depository Group for three years starting from 2014. With this appointment, he represents the Asia-Pacific Region on the Executive Board of World Forum of CSDs (WFC), the global body of five regional CSD associations. Mr. Jakhura has represented both CDC and the Pakistan Capital Market on several national, regional and international platforms like the Association of National Numbering Agencies (ANNA) based in Brussels and International Securities Services Association (ISSA).

He is also serving as a Director in Pakistan Institute of Corporate Governance (PICG), Institute of Financial Markets of Pakistan (formerly Institute of Capital Markets), and ITMinds Limited (a wholly owned subsidiary of CDC). Since 2015, he serves as the head of a committee (formed by SECP) that has been given the mandate to help establish “Capital Market Hubs” in second tier cities of Pakistan to attract savings for investments in capital market. The first successful pilot project has been established in Abbottabad.

Mr. Jakhura has also participated in the Advance Management Program, an executive course offered by Harvard Business School, the purpose of which was to accelerate leadership development of the participants.

Mr. Jakhura is a fellow member of the Institute of Chartered Accountants of Pakistan (ICAP) and a Certified Director from the Institute of Corporate Governance since 2007.