Karachi: Southern Regional Committee of Institute of Chartered Accountants of Pakistan (ICAP) is organizing a seminar on “Changes in the Code of Corporate Governance” to be held on Monday, July 16, 2012 at 6:00 p.m at ICAP-Moosa D. Desai Auditorium ICAP House Clifton, Karachi.

Syed Masoud Ali Naqvi, FCA, Senior Partner, KPMG Taseer Hadi& Co will be the session chairman and Fuad Azim Hashimi, President and Chief Executive Officer, Pakistan Institute of Corporate Governance and Syed Asad Ali Shah, FCA Past President, lCAP will be the speakers at the seminar.

Corporate Governance is essentially about leadership – leadership that is responsible, exercised with probity and conducted in a highly transparent and accountable manner. Therefore, the emphasis throughout – whether in a presentation on financial stewardship or another on board accountability – is on developing leadership skills.

Corporate Governance contributes both to business prosperity and to accountability. The Securities and Exchange  Commission  of  Pakistan (SECP)  has  thus  been  making  continuous  efforts  to  raise  the corporate  governance standards in the  country.  The first step was made in March 2002, when the Code of Corporate Governance (the Code) was issued by SECP.  It was included as a part of the listing regulations of the three stock exchanges and became applicable to all public listed companies.

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