Central Depository Company of Pakistan Limited
Ali Askari Zaidi is currently serving as Assistant Manager in Information Technology at Central Depository Company of Pakistan Limited since March 2024. Prior to this role, Ali held management trainee positions at Pakistan Stock Exchange from September 2023 to February 2024, National Clearing Company of Pakistan Limited from March 2023 to August 2023, and Central Depository Company of Pakistan Limited from September 2022 to February 2023, gaining valuable experience across various departments such as Information Technology, Information Security, Product Development, and Marketing. Ali completed a Master of Computer Science at Karachi University in March 2022 and received a Bachelor's Degree with Honors in Engineering Physics from the same institution in December 2018.
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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.