KARACHI – The Chief Executive Officer of Pakistan Stock Exchange Richard Morin resigned from his post, it emerged on Tuesday.

Morin’s resignation was accepted by the board of directors of Pakistan Stock Exchange; he was issued a show cause notice a few days earlier for ‘conflict of interest’.

Morin had joined Pakistan Stock Exchange Limited (PSX) as CEO in January 2018; he has over 30 years of experience in capital markets and financial services in emerging markets and in Canada.

Mr. Morin earned a Bachelor’s degree in Economics from the University of Montreal and a MBA from McGill University.

At PSX, Morin was also serving as the Chairman of Listing and Voluntary De-Listing Committee and as the member of IT & IS Steering Committee and IT Procurement Committee.