Asif Ibrahim new chairman of CSE
Asif Ibrahim has recently been elected as the chairman of Chittagong Stock Exchange (CSE) for the next three years.
He will replace Maj Gen (retired) Mohammad Shamim Chowdhury, the port city bourse said in a statement.
Earlier, Bangladesh Securities and Exchange Commission (BSEC) approved a list of seven independent directors of the CSE.
On Wednesday, the independent directors along with shareholder directors in a board meeting chose Ibrahim—vice chairman of Newage Group of Industries—for the top post.
As per the BSEC's approval, Professor SM Salamat Ullah Bhuiyan and SM Abu Tayyab will continue as independent directors while M Abdul Malek, Sohail Mohammed Shakoor, Md Liaquat Hossain Chowdhury, Asif Ibrahim and Barrister Anita Ghazi Islam were nominated afresh as independent directors.
Ibrahim was one of the recipients of the "Commercially Important Person" status in 2007, 2012 and 2014 for his contribution in national export.
He is also a former president of Dhaka Chamber of Commerce and Industry and the founder chairman of Business Initiative Leading Development.
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