Ahsanur Rahman has been appointed the chief executive officer (Acting) of Brac EPL Stock Brokerage.
The board of the firm announced his appointment on August 6, following the exit of Sherief MA Rahman, the outgoing CEO.
According to a Brac EPL statement, prior to assuming the role of acting CEO, Ahsanur was head of International Trade and Sales and head of the Institutional Business Unit at the brokerage house.
Before joining the Brac EPL team in November 2009, he worked as a trader at AM Securities and also gained experience in operations and settlement at Union Capital Ltd.
In his 13 years of experience in Bangladesh's capital market, he has developed and maintained his relationships with international brokers and fund managers that help him bring foreign portfolio investment into the country's stock market.
Ahsanur graduated summa cum laude from East West University in finance.
During his career, he attended numerous training sessions, seminars and workshops on different aspects of being a stockbroker and investment banking – in the country and abroad.
Brac EPL Stock Brokerage Ltd is a subsidiary of Brac Bank Limited and one of the leading stockbrokers in the country. It pioneered widely facilitating foreign portfolio investment in Bangladesh's stock market and has been conducting foreign trade business through both stock exchanges in the country over the last 20 years.
At present, Brac EPL holds about 55 percent of the foreign trade market share.
It has been providing a robust platform for both foreign and local investors through investment management for institutions and individuals since 2000.
Its corporate access, along with the research team, facilitates investors in corporate access by arranging: conference calls, earnings disclosure sessions, non-deal roadshows, and reverse roadshows.
The company's research team arranged the industry's first non-deal roadshow in Hong Kong and Singapore. After that, its research team took Bangladeshi companies – like Grameenphone, Brac Bank, Square Pharmaceuticals, Renata, and other top listed companies – to roadshows in the USA, London and Denmark.
Notably, the stockbroker, with the best corporate access, arranges the highest number of non-deal roadshows and reverse roadshows among all the Bangladeshi brokers every year.
It has also established and developed the first equity research team in the country, which is dedicated to serving the needs of foreign portfolio investors.
The research team regularly publishes equity reports with valuations, update notes and flash notes on the covered companies. It also provides regular macro and sector updates to facilitate investment.
The company has a multiple-international-award-winning research team that consists of seasoned analysts with CFA charterholders.
The team is dedicated to: formulating capital market expectations, specific industry analysis, company valuations, and stock recommendations.
The team has been a frequent recipient of research funding for quality and unbiased reports for clients in both the local and international arena.
Brac EPL Stock Brokerage is recognised as the best brokerage house and the best research house in 2019 by International Finance, which is a premium business and finance magazine published by the UK's International Finance Publications Limited.
It ranks in the top three on the Dhaka Stock Exchange in terms of total monthly turnover.