Call for Merit-Based Appointments
The staff and employees of the Bangladesh Securities and Exchange Commission (BSEC) have urged that the commissioner’s position should be filled based on experience and seniority, not political considerations. This stance was voiced during a meeting of the BSEC Officers’ Welfare Association on Wednesday, August 7.
Leadership and Meeting Details
BSEC Executive Director Md Saifur Rahman, who also serves as the association’s president, chaired the meeting. The association resolved to adhere strictly to the capital market ordinance, law, and regulations, avoiding any actions beyond this scope.
Reformative Decisions
Nine key decisions aimed at capital market reform were made during the meeting:
- Eradication of Corruption: Establishing the rule of law within the capital market to eliminate corruption.
- Delegation of Power: Empowering officials in line with Article 17 of the Securities and Exchange Ordinance, 1969.
- Promotion of Staff: Facilitating rapid promotions for officials and employees.
- Restoration of Medical Facilities: Reinstituting medical benefits for staff.
- Disbursement of CSR Funds: Allocating corporate social responsibility funds for staff welfare.
- Promotion Through Examination
The association leaders agreed to promote officials and employees via an examination overseen by a committee that includes Executive Director Rezaul Karim.
Retrieving Commission Funds
A proposal will be presented to recover Tk45 crore held as a Time Deposit Receipt (TDR) at the Investment Corporation of Bangladesh (ICB).
Condolences and Recovery Wishes
The meeting concluded with a condolence proposal for those who lost their lives during the anti-discrimination student movement from July 1 to August 5. Wishes for a speedy recovery were extended to those injured during the movement and currently receiving treatment.