2024-08-29 10:43:15
Published: 17:53, 28 August 2024
The former senior district and session judge has been appointed as the commissioner of Bangladesh Securities and Exchange Commission (BSEC), the regulatory body of the capital market. Ali Akbar
In this regard, a notification signed by Farida Yasmin, Deputy Secretary of the Financial Institutions Department of the Ministry of Finance, has been issued on Wednesday (28 August).
It is said in the notification, Md. Ali Akbar has been appointed as Commissioner of BSEC for the next four years in compliance with Section 5 and 6 of the Bangladesh Securities and Exchange Commission Act 1993 and Section 5(2) of the said Act. His salary and other benefits will be determined by the agreement executed with the government.
Professor Shibli Rubaiyat-ul-Islam resigned from the post of chairman of BSEC last Sunday (August 11) in view of the recent political changes. A day later, two commissioners of the organization resigned on Monday (August 12). Sheikh Shamsuddin Ahmed and Dr. Rumana Islam. After the resignation of the chairman and two commissioners, the capital market was running in a leadershipless state. The Advisory Council of the Interim Government appointed Mashroor Riaz as the chairman of BSEC last Tuesday (August 13) to take control of the country’s capital market from this state of guardianship. However, BSEC’s Officers Welfare Association questioned Masroor Riaz’s eligibility and other issues. After realizing the mistake, Masroor Riaz was welcomed by the association to join BSEC. But, Masroor Riaz made a statement last Saturday (August 17) expressing his inability to join BSEC. In view of this, on Sunday (August 18), the advisory council of the interim government appointed Khandaker Rashed Maqsood as the chairman of BSEC. Later on Monday (August 19) he joined the post of chairman of BSEC. Currently one more commissioner post is vacant in BSEC.
NT/Rafiq