Election of the Dhaka Stock Exchange (DSE) will be held tomorrow with six candidates contesting for four directorship posts in the demutualised stock exchange.
Voters numbering more than 240 will be able to cast their votes from 10 am to 4:30 pm without break.
This year, DSE’s election has created a great enthusiasm among the voters as the bourse will form its 13-member board for the first time after demutualisation.
The six candidates are Shakil Rizvi of Shakil Rizvi Stock, Ghulam Rasul of Khwaja Equity Services, Mohammad Shahjahan of Jahan Securities, Sharif Anowar Hossain of Sahidullah Securities, Ahmad Rashid of Rashid Investment Services and Lailun Nahar Ekram of AENZ Securities.
Chairman of the DSE will be elected at the annual general meeting (AGM) scheduled for Thursday.
The new board will be constituted with four from its existing shareholders, seven from independent directors, DSE chief executive officer and one from strategic investor, according to the Demutualisation Act 2013.
Prior to holding the AGM, the DSE would have to take permission from the regulator to appoint seven independent directors. The tenure of each director and the chief executive officer will be three years.
Bangladesh Securities and Exchange Commission has asked the bourse to submit a fresh list of independent directors today as it did not accept earlier list proposed by the DSE.
