BSEC Chairman: DBA Ready to Drive Market Growth

bsec Shibli-Rubayat-Ul Islam

The DSE Brokers Association of Bangladesh (DBA) will have greater opportunities to enhance the market following the commencement of operations at their new office in the DSE Tower. This statement was made by Professor Shibli Rubayat-Ul-Islam, Chairman of the Bangladesh Securities and Exchange Commission (BSEC).

On Wednesday, June 5, at the inauguration ceremony of the DBA’s new office located in the DSE Tower in Nikunja, Dhaka, Professor Rubayat-Ul-Islam emphasized the expanded scope for market development that the new premises will provide.

Highlighting the strong leadership and significant role of the DBA in the stock market, the BSEC Chairman remarked that the DBA is a well-established and powerful organization led by skilled and competent stock brokers. He underscored the indispensable role the DBA plays in the capital market. He further noted that the new office, equipped with all modern amenities, will enable the DBA to undertake broader initiatives for market improvement.

During his speech, Professor Rubayat-Ul-Islam also outlined various government measures aimed at market development. He called on all stakeholders to work positively from their respective positions to foster growth. The BSEC Chairman assured continued support from his commission for any development activities undertaken by the DBA and wished the association further progress and success.

At the inauguration of the new office of the DSE Brokers Association of Bangladesh (DBA), President Saiful Islam pointed out that while the economy has seen significant growth over the past 15 years, the capital market has not progressed at the same pace. Speaking at the event held at the DSE Tower in Nikunja, Dhaka, he expressed optimism about receiving substantial support from the BSEC Chairman, who has been appointed for a second term.

“We are hopeful of receiving maximum cooperation from the Chairman for market development,” stated Saiful Islam. He assured collaborative efforts involving the government, regulatory bodies, and market intermediaries to ensure overall progress in the capital market. He also extended his gratitude to all the guests attending the ceremony.

The new office address of the DBA is: DSE Tower, Level-6, Room No. 89, House-46, Road-21, Nikunja-2, Dhaka-1229.

The event was graced by several notable figures including BSEC Commissioners Dr. Sheikh Shamsuddin Ahmed and Md. Mohsin Chowdhury, CMSF Chairman Md. Nojibur Rahman, Dhaka Stock Exchange Chairman Professor Dr. Hafiz Md. Hasan Babu, along with DSE directors, DBA members, DSE trade holders, and other prominent personalities from the capital market.

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