Chairman of BSEC is Masroor Riaz

by times news cr

2024-08-14 00:35:38

The economist Dr. M. Masroor Riaz.

Masroor Riaz was an official of the International Monetary Fund (IMF). Besides, he is the Chairman and Chief Executive Officer (CEO) of Policy Exchange Bangladesh, a private research institute. He has experience working as a senior economist at the World Bank. He holds a PhD in Development Economics from the University of Manchester, UK. Later he did MBA from New Orleans University, USA.

This information was given in a notification signed by Farida Yasmin, Deputy Secretary of the Financial Institutions Department (FID) on Tuesday (August 13).

M Masroor Riaz told RisingBD that the notification has been issued. Will join tomorrow. pray for me We will all work together for the development of the capital market.

As mentioned in the announcement, Dr. M Masrur Riaz was appointed as the Chairman of Bangladesh Securities and Exchange Commission for the next four years in accordance with Section 5 and 6 of the Bangladesh Securities and Exchange Commission Act 1993 and as per Section 5(2) of the said Act.

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 has assigned Masroor Riaz as the Chairman of BSEC to take control of the country’s capital market from this state of guardianship.

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