Resignation of individual directors of DSE and CSE

by times news cr

2024-08-24 15:57:28

Now individual directors of Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE) have started resigning from the Board of Directors. They are resigning in view of the verbal instructions from the Bangladesh Securities and Exchange Commission (BSEC), the capital market regulatory body.

This information was revealed by talking to Dhaka and Chittagong Stock Exchange authorities on Thursday (August 22).

According to information, five individual directors of DSE submitted their resignations through mail and hard copy on Wednesday (August 21). The remaining one Brigadier General has been transferred. And before that the chairman of DSE has resigned.

Meanwhile, CSE also has a total of seven independent directors. Of these, two independent directors of CSE have already resigned. The rest are said to submit their resignations by Thursday.

Earlier on last Tuesday (August 20) evening, MDs of two stock exchanges were verbally instructed by BSEC to resign all individual directors. BSEC has said that if these directors do not voluntarily resign under the verbal instructions, then the regulatory body will take steps to remove them. Since individual directors of stock exchanges are respected persons of the society, BSEC has issued this directive to allow them to voluntarily resign without removing them initially.

Independent directors of DSE are – Chairman Hafiz Md. Hasan Babu, army officer Brigadier General M Imran Hamid, Dhaka University teacher Abdullah Al Mahmud, former chairman of Tariff Commission Afzal Hossain, managing director of Oracle Bangladesh, Nepal and Bhutan Rubaba Daula, former banker Shahedul Islam and member of Human Rights Commission Kausar Ahmed.

The independent directors of CSE are Chairman Asif Ibrahim, former banker Abdul Halim Chowdhury, IT expert Kashif Reza Chowdhury, journalist leader Manjurul Ahsan Bulbul, Dhaka University teacher Ishtar Mahal, musician Mohammad Naqib Uddin Khan and Dhaka University Institute of Business Administration (IBA) professor Rezwanul Haque. eat

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