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SBP Invites Primary Dealer Applicants for Investment Bonds and Market Treasury Bills


SBP Invites Primary Dealer Applicants for Investment Bonds and Market Treasury Bills
The State Bank of Pakistan (SBP) has invited applications from eligible institutions for appointment as Primary Dealers, Preliminary Primary Dealers, and Special Purpose Primary Dealers of Government Securities.
The procedure is to select PDs for Pakistan Investment Bonds and Market Treasury Bills, for the fiscal year 2021-22, under the terms of rule C-1 of Rules Governing Primary Dealer System.
A circular issued by the SBP detailed the selection criteria, process thereof, privileges, obligations, and performance criteria for each category of the dealership, along with main PD rules.
According to the central bank, a business plan, approved by the Asset-Liability Committees (ALCOs), is also required in the case of banks and DFIs, and a plan approved by the Board of Directors (BoD), in case of all other eligible institutions. ....

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People Digest: Aviva Singlife appoints CIO; ImaginXP announces new key hire


People Digest: Aviva Singlife appoints CIO; ImaginXP announces new key hire
Photo: Andre Hunter/Unsplash
April 14, 2021
Aviva Singlife Holdings Pte Ltd has appointed Kim Rosenkilde as Group Chief Investment Officer while India’s ImaginXP has appointed Dr. Neeraj Sharma to lead university partnerships for its university partnered and embedded businesses.
Aviva Singlife appoints CIO
Aviva Singlife Holdings Pte Ltd, the holding company established following the merger of Aviva and Singapore Life (Singlife), has appointed Kim Rosenkilde as Group Chief Investment Officer with effect from 8 April 2021.
In this new role, Rosenkilde will coordinate investments across the two licensed insurers and will be seconded to the Asset Liability Committees of Singlife and Aviva. ....

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