Karachi, EFG Hermes Pakistan Limited informed Pakistan Stock Exchange that Mr. Saad Iqbal has been appointed as Director of the Company with effect from July 05, 2021 in place of Mr. Osman Asghar Khan.
EFG Hermes Pakistan Limited provides financial brokerage, corporate finance, and financial research services in Pakistan. Its financial brokerage activities comprise the operation of online trading and portfolio management facilities; and provision of commodities trading services. The company’s corporate finance services include arranging and advising on debt and equity issues, such as private placements and public listing; underwriting of equity and debt issues; lease and debt syndications; corporate restructuring; mergers and acquisitions; and divestitures for corporate sector clients, government entities, and private investors. Its financial research services comprise research on economy, sectors, and companies to assist institutional and retail clients in taking equity investment decisions. The company was formerly known as Invest and Finance Securities Limited and changed its name to EFG Hermes Pakistan Limited in May 2017. EFG Hermes Pakistan Limited was incorporated in 1999 and is headquartered in Karachi, Pakistan.