Dhaka Stock Exchange’s Managing Director, ATM Tariquzzaman, has been designated as a commissioner at the Bangladesh Securities and Exchange Commission (BSEC), the regulatory authority overseeing the capital market. The Financial Institutions Division (FID) of the Finance Ministry issued a notification confirming this appointment, alongside two other commissioners, including Dr. Shaikh Shamsuddin Ahmed from Dhaka University’s Finance Department, and Md Mohsin Chowdhury, formerly of the Bangladesh Karmachari Kallyan Board (BKKB).
The newly appointed commissioners, as per the gazette, will serve a four-year term upon joining the commission. This announcement comes as the current five-member commission’s tenure is set to conclude this month.
Notably, Dr. Rubana Islam, the current commissioner and the first female to hold the position at BSEC since May 2022, will continue her tenure with the new commission for another two years.
ATM Tariquzzaman’s transition from executive director at BSEC to commissioner underscores his significant role in regulatory affairs. His predecessor, Prof Swapan Kumar Bala, also formerly of DSE, had similarly served as a commissioner.
Dr. Shaikh Shamsuddin Ahmed, a seasoned academic and economist, previously served as a director at Janata Bank and held a senior position at the World Bank’s Dhaka office before his appointment to BSEC.
Md Mohsin Chowdhury, with a background in government service, notably as DG of BKKB, brings valuable experience to his new role as commissioner, effective June 2nd.
This reshuffling within BSEC’s leadership reflects the ongoing efforts to ensure effective governance and oversight within Bangladesh’s capital market regulatory framework.
