Mr. Badiuddin Akber has more than 20 years of diversified senior management experience in the fields of finance and operations. He has served in various
renowned conglomerates in Pakistan as Head of Finance and Company Secretary. He has also served as the Chief Financial Officer and Chief Operating
Officer at the National Clearing Company of Pakistan Limited.

Mr. Akber was previously serving as the Chief Compliance and Risk Officer at CDC since June 2015 before being elevated to the position of Chief Executive
Officer on January 01, 2019. He was also the nominated Chairman of the Oversight Committee formed by the Securities and Exchange Commission of
Pakistan under Joint Inspection Regulations, 2015.

Mr. Akber has demonstrated extensive expertise in the spheres of Financial Management, Clearing & Settlement, Risk Management, Operations, Product
Development and Project Management in the Pakistan Capital Market. As Chief Operating Officer at NCCPL, he played an instrumental role in the
implementation of various significant products, services and reform measures which include Revamping of Capital Gain Tax Regime, Unique Identification
Number (UIN), Institutions’ Risk Management System, Straight Through Processing of Market Settlements and UIN Information System (UIS) and the
introduction of Leverage Products such as Margin Trading, Margin Financing and Securities Lending & Borrowing.

After completing his Bachelor’s Degree in Commerce from the University of Karachi, Mr. Akber attained various professional degrees in accounts and
finance from prestigious national and international institutions. In addition to being a Fellow Member of the Institute of Cost & Management Accountants
of Pakistan (FCMA), he also holds ACMA-CGMA (Chartered Global Management Accountants) qualification from the Chartered Institute of Management
Accountants (CIMA – UK) and qualification of Chartered Professional Accountant (CPA, CMA – Ontario, Canada).

He is also serving as Chairman of the Board of Directors of CDC Share Registrar Services Limited and EClear Services Limited. Moreover, he is also serving
as Director on the Boards and various sub-committees of ITMinds Limited, Naymat Collateral Management Company Limited and Institute of Financial
Market of Pakistan.

He has attended the Annual International Institute for Securities Market Growth and Development by the US Securities & Exchange Commission and
various seminars and conferences in UK, India, Europe and Far-East countries on risk management, clearing & settlement and surveillance of capital
market operations.