• Wednesday, Oct 28, 2020
  • Last Update : 08:10 pm

Ex-CSE MD Wali-ul-Maroof passes away

  • Published at 12:59 pm September 20th, 2020
Wali-ul-Maroof Matin
Wali-ul-Maroof Matin Collected

He breathed his last early morning on Sunday

Former managing director of Chittagong Stock Exchange (DSE) Wali-ul-Maroof Matin and the founder of Maslin Capital Limited has passed away at the age of 58. 

He breathed his last at the Labaid Hospital in Dhaka around 6:45am on Sunday, said spokesperson of Maslin Capital Sanjida Akter.

Earlier, Maroof tested positive for Covid-19 and underwent treatment at the Square Hospital in the capital. After eight days, he was discharged from the hospital.

He was rushed to the Labaid Hospital early on Sunday as he felt unwell.

CSE offers condolences

In a press release issued on the day, the CSE offered its condelences at Maroof's death, while also mentioning that he served the bourse first as the head of listing, project manager and then Managing Director and CEO for the first automated bourse of the country.

Maroof also initiated the formation of a federation in the South Asian region (South Asian Federation of Exchanges, SAFE) and became the first Secretary General of the federation, the release added.

He also led to developing recommendations for a harmonized and up-graded regulatory regime of the stock exchanges in the South Asian region. 

Maroofwas a life time member of Bangladesh Economic Association (BEA) and presenting papers on Bangladesh economic issues in the bi-annual summits.

In addition, he was an angel investor of an Advert Agency, a Financial Training Institute and a Financial Technology company.

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