Karachi, December 30, 2025 – The Chinese Investor Consortium, led by China Financial Future Exchange, has expressed deep sorrow and heartfelt condolences over the sad demise of Dr. Shamshad Akhtar, Chairperson of the Pakistan Stock Exchange (PSX). The consortium paid rich tribute to her outstanding leadership and lasting contributions to Pakistan’s capital markets.
In a condolence letter addressed to the PSX on Tuesday, the Chinese consortium placed on record its highest appreciation for Dr. Shamshad Akhtar’s visionary stewardship of the exchange. The letter highlighted her ability to guide the PSX through complex challenges with courage, wisdom, and grace, while consistently upholding strong standards of governance and transparency across the exchange and the broader capital market.
The consortium noted that Dr. Shamshad Akhtar leaves behind a remarkable legacy of reform and innovation, particularly her deep understanding of the critical role capital markets play in Pakistan’s economic development. It emphasized her direct and personal involvement in policy formulation and strategic initiatives that transformed the fixed-income segment, enabling the Government of Pakistan to access new funding avenues, including Shariah-compliant government securities.
The Chinese investors also acknowledged her strong focus on Environmental, Social, and Governance (ESG) initiatives, which significantly enhanced awareness of gender inclusion and climate-related issues within Pakistan’s corporate sector. Her efforts helped position the PSX among globally recognized exchanges in the ESG space.
You Hang, speaking on behalf of the Chinese Investor Consortium, stated that Dr. Shamshad Akhtar remained a strong supporter of the consortium while skillfully balancing the interests of all PSX shareholders. He praised her commitment to integrity, professionalism, and consensus-building within the Board of the Exchange.
Dr. Shamshad Akhtar’s passing is a great loss to the PSX, the securities industry, and Pakistan’s financial markets. The consortium concluded that her leadership, integrity, and dedication to Pakistan will continue to inspire future generations.