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Dhaka Tribune

DSE elects 4 new directors

Update : 12 Feb 2014, 06:48 PM

Dhaka Stock Exchange (DSE) yesterday elected four new directors to its board from six contestants. This is the first election after demutualisation of the stock exchange.

The elected directors are Shakil Rizvi of Shakil Rizvi Stock, Khwaja Ghulam Rasul of Khwaja Equity Services, Mohammad Shahjahan of Jahan Securities and Sharif Anwar Hossain of Shahidullah Securities. Of the total 242 votes, 217 were cast. Rizvi bagged highest number of 184 votes, followed by Shahjahan 152, Rasul 147 and Hossain 140.

Chairman of the DSE will be elected at the annual general meeting (AGM) scheduled for today.

The new board will be comprised of 13 members – four from its existing shareholders, seven from independent directors, DSE chief executive officer and one from strategic investor – according to the Demutualisation Act 2013. 

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