The two stock exchanges of the country, Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE), bourses have been appointed new chairmen yesterday.
Eunusur Rahman, the former senior secretary of DSE was elected as the chairman of the capital's bourse, while Asif Ibrahim, businessman, was elected as the chairman of the port city bourse.
DSEX board members elected Eunusur among the six independent directors at a meeting held yesterday. CSE held the electoral meeting today.
Additionally, each stock exchanges' boards are required to have 13 directors - out of which seven are required to be independent, four are required to be shareholders and the remaining two will be appointed as the managing director and strategic partner.
The appointment of the 13 independent directors was approved by the Bangladesh Securities and Exchange Commission of both bourses on February 18.
The six finalized independent directors for DSE are Md Eunusur Rahman, former senior secretary; Dr Md Masudur Rahman, professor of the University of Dhaka; Salma Nasreen, former additional secretary; Md Muntakim Ashraf, senior vice president, Federation of Bangladesh Chambers of Commerce & Industries; Habibullah Bahar, former director of Investment Corporation of Bangladesh; and Dr AKM Masud, professor of Bangladesh University of Engineering Technology.
Meanwhile, the seven new finalised independent directors for the port city bourse are SM Salamat Ullah Bhuiyan, professor at the marketing department of University of Chittagong; SM Abu Tayyab, businessman; Md Liaquat Hossain Chowdhury, FCA and FCMA; Asif Ibrahim, businessman; Barrister Anita Ghazi Islam; Mohammed Abdul Malek, editor of the Daily Azadi; and Shoail Mohammed Shakoor, architect.