Ali Asghar has over 15 years of professional experience in the technology and finance sectors, currently serving as a Deputy Manager and Technical Lead at Central Depository Company of Pakistan Limited since May 2008. Prior to this role, Ali worked as a Senior Software Engineer at Primatics Financial and began a career as a Software Engineer at Systems Limited. Ali holds an MBA in Finance from the Institute of Business Management, obtained between 2009 and 2012, and a Bachelor of Science in Computer Engineering from Sir Syed University, completed from 2000 to 2004.
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Central Depository Company of Pakistan Limited
Central Depository Company is the infrastructure backbone and the Ultimate Custodian of the Pakistan Capital Market. Established as a securities depository, CDC is the sole entity handling the electronic (paperless) settlement of transactions carried out at the Pakistan Stock Exchange. We are regulated by SECP and have offices in Karachi, Lahore and Islamabad. CDC is ISO/IEC 27001:2013 certified for Information Security Management and ISO/IEC 22301:2012 certified for its Business Continuity Management Program. It is also an Approved Employer by ACCA, ICAP, ICAEW and CIMA. CDC is a member of Asia-Pacific Central Securities Depository Group (ACG), which is an international organization facilitating the exchange of information, promoting mutual assistance among member securities depositories and clearing organizations in the Asia Pacific region. Primarily, CDC’s function was to operate the Central Depository System (CDS) for all financial instruments traded in Pakistan Capital Market. However, with the ever growing need for efficient and technology driven mechanisms in other markets and industries, we have diversified our business beyond the traditional depository domain. Our services portfolio now includes Trustee and Custodial Services and Share Registrar Services.