First National Equities Limited
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Introduction
The Company was incorporated in February 1995 and was enlisted on Pakistan Stock Exchange Limited (formerly Karachi Stock Exchange Limited) in 2004. It is traded on the stock market under the symbol 'FNEL'.
The company is engaged in the business of Brokerage and was awarded the Top Companies Award by Pakistan Stock Exchange Limited (formerly Karachi Stock Exchange Limited) in 2006.
The Management
The Company is managed by a dedicated team of highly qualified and experienced professionals and well-reputed sponsors. The management team carries vast experience of the capital markets and enjoys a competitive edge with its risk management skills to make prudent investment decisions taken on rational equity market analysis. The key members of the management team are as under:
Mr. Waseem Ahmad Khan
Chief Executive Officer / Director
Mr. Waseem Ahmad Khan is a capital-markets professional with extensive experience in equity trading, brokerage operations and client services. He holds a Bachelor of Arts degree from the University of the Punjab. He has served First National Equities Limited since April 2008 in trading and KATS operations and was previously associated with First Pakistan Securities Limited and Khawaja Sami Rasheed as a KATS Operator. His experience includes execution of purchase and sale orders, resolution of trading matters, client relationship management and brokerage-account support. He holds certifications in Trading Work Station, Fundamentals of Capital Markets, Stock Brokerage and Pakistan Market Regulations. As Chief Executive Officer and a Director of FNEL, he is responsible for providing executive leadership to the Company and contributes practical market knowledge, regulatory understanding and operational experience to the Board. He also chairs the Board's Human Resource and Remuneration Committee.
Ms. Mavra Liaqat
Executive Director
Ms. Mavra Liaqat is a corporate-governance, compliance and operations professional with approximately six years of experience in the financial-services sector. She holds an Masters from the University of Lahore and a Bachelor from The Islamia University of Bahawalpur. She joined First National Equities Limited in September 2020 and served as Head of Customer Support until February 2025, overseeing client-service operations, account opening, NCCPL and CDC processes, KYC and NCSS portals, customer due diligence, enhanced due diligence, AML records and regulatory audit documentation. Since March 2025, she has served as Company Secretary of FNEL, leading the corporate secretarial function of the listed company. Her responsibilities include advising the Board on governance and regulatory matters; coordinating Board, committee and shareholder meetings; managing statutory filings, disclosures and records; liaising with SECP, PSX, CDC, auditors and legal advisers; and supporting corporate actions and group-company compliance. As Executive Director, she brings practical expertise in governance, regulatory compliance and brokerage operations to the Board.
Associated companies
Auditors/Legal Advisors
Company Offices & Branches
Registered Office:
FNE House, 179-B, Abu Bakar Block
New Garden Town, Lahore.
FNE House, 179-B, Abu Bakar Block
New Garden Town, Lahore.
Phone: 0336 7358310
Email: info@fnetrade.com
Lahore Office
Room No.314, 3rd Floor, LSE Plaza,
19 Khayaban-e-Aiwan-e-Iqbal, Lahore.
Room No.314, 3rd Floor, LSE Plaza,
19 Khayaban-e-Aiwan-e-Iqbal, Lahore.
Phone: 042-36280790
Email: info@fnetrade.com
Our Contact Details: Phone, Fax, Email, Address
Address: Room No.314, 3rd Floor, LSE Plaza, 19 Khayaban-e-iqbal, Lahore
Phone No : 0336 7358310 , Tel : 042-36280790 , Email: info@fnetrade.com