Ten to contest for DSE directorship
Ten candidates will contest for four directors' posts of Dhaka Stock Exchange in this year's election of the premier bourse.
All the contestants received “no objection certificates” (NOCs) from the Securities and Exchange Commission, the stockmarket regulator, yesterday to contest in the DSE election set for March 11.
It is a regulatory requirement for a candidate to obtain an NOC from the SEC to take part in the election of the bourse.
The DSE board comprises 25 members, of them 12 to be elected and 12 to be nominated and one ex-officio. According to DSE rules, four directors retire every year and four others replace them through direct voting.
The directors who will retire this year are: incumbent President Md Shakil Rizvi, Vice-president Md Shahjahan, and directors Rafiqul Islam and Abdul Haque.
The last date for submitting nomination papers is February 19, and the last date for withdrawing nominations is March 1.
The 10 candidates who got NOCs yesterday are: AS Shahudul Huque Bulbul of Bulbul Securities, Minhaz Mannan Emon of BLI Securities, Kazi Firoz Rashid of Kazi Firoz Rashid Securities, Abdul Haque of Royal Green Securities, Md Fakhrul Islam of Md Fakhrul Islam Securities, Md Sajedul Islam of Shaymol Equity Management, Sharif Anowar Hossain of Md Sahidullah Securities, Md Shahjahan of Jahan Securities, Md Hanif Bhuiyan of Rapid Securities and Habib Abul Mushtaque of Global Securities.