MUFAP and CDC-ITMinds Limited sign MoU for Mutual Fund Digital Platform
Mutual Funds Association of Pakistan (MUFAP) and Central Depository Company of Pakistan Limited (through its subsidiary ITMinds Limited) signed a Memorandum of Understanding for the development and implementation of a digital platform for the support of the Mutual Fund industry. Mr. Aamir Khan, Chairman – Securities and Exchange Commission of Pakistan (SECP) presided at the MoU Signing Ceremony at the CDC House, Karachi.
CDC to facilitate investment in Pakistan Stock Market by Non Resident Pakistanis (NRPs) through Roshan Digital Account
“Central Depository Company of Pakistan Limited (CDC) to facilitate investment by Non-Resident Pakistanis in the Pakistan Stock Market through Roshan Digital Account with designated large-scale banks” said Mr. Badiuddin Akber, CEO-CDC.
Since inception, CDC is focused on educating potential investors in the country. As part of this vision, a series of Financial Literacy Workshops have been regularly organized across the country. These past events have proved as a platform where CDC interacts with the potential and current investors, discussing the potential of Pakistan Capital Market, its returns, opportunities and risks.
CDC’s Measures for Business Continuity during Lockdown
As countries, communities and businesses combat with the Coronavirus Pandemic, most of the established organizations have implemented ‘Work from Home’ policy, trying their best to resume or continue their business operations while maintaining safety protocols, most importantly ‘Social Distancing’. At CDC, this challenging situation proved to be a Litmus Test for the Business Continuity preparations…
US Consul General in Karachi visits CDC
A delegation from the US Consulate in Karachi, headed by Mr. Rob Silberstein, US Consul General in Karachi visited the Central Depository Company on March 05, 2020. Representatives of leading Pakistani corporates and US Businesses in Pakistan attended this event. Mr. Moin M. Fudda, Chairman CDC Board of Directors, welcomed the delegation and spoke about…
Inauguration of CDC’s Revamped Business Continuity Site
It is a matter of pride that Central Depository Company is Pakistan’ first and among the very few organizations in the country and in the world to achieve ISO/IEC 22301: 2015 for its Business Continuity Management Program.
CDC signs Agreement for Centralized Insurance Repository with Life Insurance and Family Takaful Companies
On February 24, 2020, Central Depository Company (CDC) signed an Agreement for Centralized Insurance Repository (CIR) with Life Insurance and Family Takaful Companies of Pakistan. This initiative was undertaken by CDC under the regulatory impetus of Securities and Exchange Commission of Pakistan (SECP) and in line with Government of Pakistan’s objectives to provide Ease of Doing Business through digitization.
UK Deputy High Commissioner in Karachi visits Central Depository Company
A delegation from British Deputy High Commission (BDHC) Karachi, headed by His Excellency Mr. Mike Nithavrianakis, British Deputy High Commissioner in Karachi visited the Central Depository Company (CDC) on February 13, 2020. Representatives of leading Pakistani corporates and UK Businesses in Pakistan attended this event.
Ms. Tania Aidrus, Head of PM’s Digital Pakistan Initiative visits CDC
Ms. Tania Aidrus, Head of Prime Minister Imran Khan’s Digital Pakistan Initiative visited Central Depository Company on Friday, January 31, 2020.
She was welcomed by CDC’s senior management team led by Mr. Badiuddin Akber, CEO-CDC who briefed her about the contribution of CDC in transforming the Pakistan Capital Market.