The Board of Directors of the Chittagong Stock Exchange PLC (CSE) elected AKM Habibur Rahman as chairman of the port city bourse in line with the Exchanges Demutualization Act, 2013.
All the independent directors and shareholder directors of the CSE unanimously elected him for the next three years at a board meeting held on Wednesday, said CSE press release.
Habibur Rahman would the replace Aisf Ibrahim as the CSE Chairman.
After the resignation of former prime minister Sheikh Hasina on August 5, all seven independent directors of the CSE had resigned. The Bangladesh Securities and Exchange Commission (BSEC) had appointed seven independent directors to CSE.
The seven independent directors -- Alamgir Morshed, executive director of Infrastructure Development Company Limited; Md Saiful Islam, a teacher of the Bangladesh University of Engineering and Technology; and AKM Habibur Rahman, a former managing director of Teletalk Bangladesh, Mahmud Hassan, chairman of marketing and international business department of North South University, M Zulfiquar Hussain, CEO of grow n excel, Naznin Sultana, director of finance of the Asian University for Women, and Farida Yasmin deputy secretary to Financial Institutions Division.
Among them, Alamgir Morshed regretted to accept the appointment as independent director.
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