He was nominated by Chinese stakeholders despite opposition from domestic stock brokers and members. “Morin is scheduled to join the PSX in the first week of January 2018,” a highly-ranked official told The Express Tribune on Monday. PSX has also informed the interior ministry as Morin is a foreign national,” he said. PSX set to attract more Chinese investment next yearMarket talk suggests Morin’s monthly salary has been set at Rs3 million. A PSX official, confirming his appointment, claimed that they had not received any formal opposition from the brokers.

Source: The Express Tribune December 12, 2017 04:07 UTC