DSE elects four new directors

The Board of Directors of Dhaka Stock Exchange elected four new directors from eight contestants on Monday.
The directors are: Sharif Anwar Hossain of Shahidullah Securities, Azizul Hoque of B&B Enterprise, Khugesta Nur-E-Naharin of Modern Securities and Shahed Abdul Khaleque of Shahed Securities.
Hossain bagged the highest number of votes: 146 out of 200 valid votes. Hoque obtained 144 votes, Nur-E-Naharin 129 and Khaleque 102.
Of the total 240 votes, 200 were cast, said Shafiqur Rahman, deputy general manger for public relations.
The newly elected directors and eight existing directors will elect a president, a senior vice-president and a vice-president for a year after the annual general meeting of the premier bourse on June 15.
The DSE board comprises 25 members. Of them, 12 are to be elected, 12 are nominated and one is ex-officio. According to the DSE rules, four directors retire every year and four others replace them through direct voting.
The people who are retiring this year are: incumbent president Md Rakibur Rahman and directors Ahmed Iqbal Hasan, Khwaja Gulam Rasul and Sharif Ataur Rahman.