Published on 12:00 AM, March 14, 2011

Four directors elected to DSE


From left, Mizanur Rahman Khan, managing director of Dhanmondi Securities; Ahsanul Islam Titu, chairman of Mona Financial and Securities; Azizur Rahman, managing director of Globe Securities, and Ahmed Rashid Lali, former DSE vice-president and managing director of Rashid Investment Service, pose for photographs after being elected as directors of Dhaka Stock Exchange, in the capital yesterday. Photo: DSE

Four directors were elected to the Dhaka Stock Exchange (DSE) yesterday for three years.
The directors Ahmed Rashid Lali, former DSE vice-president and managing director of Rashid Investment Service, Ahsanul Islam Titu, chairman of Mona Financial and Securities, Azizur Rahman, managing director of Globe Securities, and Mizanur Rahman Khan, managing director of Dhanmondi Securities.
A four-member commission headed by Rafiquel Islam presided over the polls. The other commission members were MA Hosen and M Kamaluddin.
Ahmed Rashid bagged 158 votes, Ahsanul Islam 141 votes, and Azizur Rahman and Mizanur Rahman 115 votes each. The DSE has 229 voters, but 194 went to the polls, each voting for four.
The seven candidates vied for the DSE directorship. Three candidates who have lost the election are Shahudul Haque Bulbul, managing director of Bulbul Securities, Manjuruddin Ahmed, managing director of M and Z Securities and Kader Choudhury of Phoenix Securities.
The elected directors will elect a president, a senior vice-president and a vice-president for one-year tenure.
Of the 24 members of the DSE's managing committee, 12 will be elected through direct voting and the rest will be selected by the elected members. The new committee will take over the charge at the annual general meeting on March 16.