The elections to the four posts of directors of the
Dhaka Stock Exchange will be held today.
Eight DSE members — Sharif Anowar Hossain of Sahidullah Securities, Mohammad Shamim Afzal of Desa Securities, Azizul Hoque of B & B Enterprise, Mohammad Lutfar Rahman of Latif Securities, Shahed Abdul Khaleque of Shahed Securities, Monzur Uddin Ahmed of M & Z Securities, Dastagir Md Adil of Adil Securities and Khugesta Nur-E-Naharin of Modern Securities — will compete for the posts.
The annual general meeting of the DSE is scheduled to be held on June 13, three days after the elections.
The next president, senior-vice president and vice-president will be elected at the AGM.
On May 16, the Bangladesh Securities and Exchange Commission issued no objection certificates to 12 DSE members who expressed their interest to participate in the DSE elections.
Out of the 12 members Suja Uddin Ahmad of Securities Broking and Management Services, Shahudul Huque Bulbul of Bulbul Securities, Kazi Firoz Rashid of Kazi Firoz Rashid Securities and Khondokar Asadul Islam of City Brokerage did not submit their nomination papers.
Of the 25 directors of the DSE, 12 are elected and 12 are nominated by different business bodies while the chief executive officer of the bourse is the other one.
Every year four elected directors retire from their posts.
This year two-year term of DSE president Rakibur Rahman, Ahmed Iqbal Hasan, Khwaja Ghulam Rasul and Sharif Ataur Rahman will end.
Last year, the election to the bourse’s four directors was held in March, but the DSE board at a meeting on March 15 this year decided to hold the regular elections three months later this time.
-With New Age input