Pakistan forms institute of corporate governance

[Mahtab]

Non-banking Financial Sector

· Modaraba Association of Pakistan

· Leasing Association of Pakistan

· Mutual Funds Association of Pakistan

· Investment Banks Association of Pakistan

Banking Sector

· Pakistan Banks’ Association

Stock Exchanges

· Karachi Stock Exchange

· Lahore Stock Exchange

· Islamabad Stock Exchange

Academia

· Institute of Business Administration

· Lahore University of Management Sciences

Professional Institutions

· Institute of Chartered Accountants of Pakistan

· Institute of Cost and Management Accountants of Pakistan

· Institute of Corporate Secretaries of Pakistan

· Institute of Chartered Secretaries and Managers

· Management Association of Pakistan

Membership

The promoters of PICG, who have subscribed to its Memorandum of

Association, are the founding members.

Subsequent membership of PICG is open to individuals and corporates.

Objectives The major objectives of PICG are as follows

a. To promote awareness of corporate governance and to encourage

professionalinteraction among members.

b. To carry out activities of communication with the media, general

public, educators, investors, creditors, bodies corporate, directors,

business managers,auditors and other stakeholders so as to increase

awareness about and encourage compliance with good corporate

governance and socially responsible corporate practices, including

socially responsible investing.

c. To develop education and training initiatives including-

· Programs for education on corporate governance as a subject or any

specific area of corporate governance practices.