The announcement was made on Thursday through an official notice issued by the exchange. According to the statement, the PSX Board of Directors approved the appointment after receiving clearance from the Securities and Exchange Commission of Pakistan (SECP).

Zhenwen steps into the role following the departure of Fu Chaoqing, filling a seat that had been temporarily vacant. He will serve for the remainder of the board’s current term, in line with the relevant corporate rules and governance framework.

The move is seen as part of PSX’s ongoing effort to keep its leadership bench strong and steady. Board appointments at the exchange often play a quiet but vital role in shaping policy direction, market confidence, and strategic oversight.

Earlier this year, the exchange also witnessed a leadership transition when Roheil Mohammad was elected Chairman of the board. He stepped into the position after the passing of former chairperson Shamshad Akhtar, a respected figure in Pakistan’s financial landscape.

With Zhenwen now joining the board, the exchange appears keen to maintain continuity while bringing fresh perspective to the table. Market watchers say such appointments may not always grab headlines, but they quietly shape the tone and direction of Pakistan’s capital market in the months ahead.

As the PSX navigates evolving market dynamics, the presence of experienced voices on the board could help keep the institution on an even keel while guiding it toward steady growth.