Dhaka bourse gets new MD

KAM Majedur Rahman, a career banker, yesterday joined Dhaka Stock Exchange as its managing director.

The post remained vacant after Swapan Kumar Bala, a Dhaka University professor, completed his three-year tenure on April 12.

Prior to joining the prime bourse, Rahman was serving US-based eCurrency Mint Incorporation as a consultant, according to a statement.

During his 33-year banking career, he served as managing director of Premier Bank, country head of Bank Al-Falah, additional managing director of AB Bank, deputy managing director of IPDC Bangladesh, senior executive vice-president of Dhaka Bank, and head of operations and head of retail banking of Standard Chartered Bank.

Rahman started his career in 1981 with ANZ Grindlays Bank as a management trainee.

Earlier on June 29, Bangladesh Securities and Exchange Commission approved the appointment of Rahman as the managing director of the Dhaka bourse.