PPI Original Text (PPI-OT) – Collaboration between Lahore Stock Exchange and Institute of Cost and Management Association of Pakistan

Lahore, May 29, 2012 (PPI-OT): Two sessions of Campus Outreach Program were held for the students of Institute of Cost and Management Association of Pakistan in Islamabad where officials of Financial Literacy initiative interacted with students.

Both sessions of Campus Outreach Program under SAFE’s Financial Literacy Initiative were completed in Islamabad. The briefing session served as a sensitization process for the students of ICMAP.

The briefing session was attended by Chairman Mr. Adeel Faisal, Director , Mr. Aftab Ali and over two hundred students. The Secretary General SAFE and MD Lahore Stock Exchange, appraised the participants of the session about the importance of spreading the financial literacy amongst the young generation of Pakistan and how the campus outreach program can be implemented in various educational institutions of the country.

“This campus outreach program is nationwide educational and awareness initiative of SAFE and LSE, to develop broader understanding of the financial markets and products and to inculcate appropriate saving and investment habits amongst the youth of Pakistan”, said Mr. Aftab.

Mr. Aftab from SAFE and Mr. Adeel Faisal the Chairman also signed an MoU during the briefing session. Mr. Faisal lauded the efforts of SAFE and LSE for embarking on this initiative and urged the educational institutions to join hands with the organizers for this crucial cause. The students were awarded certificates of participation.

Campus Outreach Program is an initiative of South Asian Federation of Exchanges (SAFE) and is being launched in collaboration with Lahore Stock Exchange (G) Limited. The purpose of the Program is to spread Financial Literacy among the youth of Pakistan. The key message of the campaign shall be, “the earlier you save – the more you accumulate”.

Under this program five unique learning activities are aimed to be provided to the students of each participating educational institution-the final activity of which shall be a four week placement opportunity to be provided to the five best selected students at any one of the partnering financial services institution at Lahore, Islamabad and Karachi. For more details about the program, please visit www.safe-asia.com/fli-cop.php

SAFE-a cooperative platform of 34 capital market institutions from SAARC and surrounding regions- was launched by the bourses in South Asia with a purpose to promote the development and harmonization of the securities markets in the region. SAFE is a not for profit association having Recognized Body status of the South Asian Association for Regional Cooperation (SAARC), and is a network exchange association of the World Federation of Exchanges (WFE).

SAFE stands to prepare and position its member markets for their orderly integration into the global financial system by enhancing the depth, inter-connectivity, integrity and transparency of its member markets.

Since its inception, SAFE has worked to become a focused platform for the representatives of the exchange industry and other capital market related institutions of the Region. Additionally, the Federation has also provided a channel through which the individual stock exchanges continue to find opportunities for bilateral cooperation.

The permanent Secretariat of SAFE is located at Islamabad, Pakistan, and works as an independent Secretariat of the Federation. The Secretariat activities are being handled and managed by Mr. Aftab Ahmad Chaudhry, the Secretary General SAFE.

For more information, contact:
Lahore Stock Exchange (LSE)
19, Khayaban-e-Aiwan-e-Iqbal,
P.O. Box: 1315,
Lahore-54000, Pakistan
Tel: +9242 636 8000
FAX: +9242 636 484 -85
E-mail Address: info@LahoreStock.com
Web Site: http://www.lse.com.pk

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