Business Report :
The Bangladesh Securities and Exchange Commission (BSEC) has appointed seven new independent directors for the Dhaka Stock Exchange (DSE).
In a press statement on Sunday the commission stated that the DSE board consists of 13 directors. Among them, seven are independent, five are shareholders and strategic investors, and one is an ex-officio managing director with voting rights.
The independent directors are K A M Majedur Rahman, former MD at DSE; Professor Major General (Retd) Mohammad Quamruzzaman; Dr Nahid Hossain, joint secretary at Financial Institutions Division; Dr Mohammed Helal Uddin, director research at Centre on Integrated Rural Development for Asia and the Pacific (CIRDAP); Brigadier General Md Mofizul Islam Rashed; Syed Hammadul Karim, former GM of Metlife Bangladesh; Mohammed Ishaque Miah, MD and CEO of Bangladesh Data Center and Disaster Recovery Site, and chief information security officer of Bangladesh bank (Lien).
Earlier on 20 August, the BSEC directed all independent directors of the DSE and Chittagong Stock Exchange (CSE) to resign from the board.