Dhaka, Bangladesh (BBN)- The biennial election of the country's apex trade body Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) is progressing peacefully on Saturday amid tight security.
The voting began at 9:00am at the FBCCI building at Motijheel in the capital Dhaka and will continue until 4:30pm without any break, officials said.
This year, a total of 1,608 voters from the association group and 390 voters from the chamber group will cast their votes to elect 30 directors from both groups.
A total of 63 candidates are contesting for the posts of 30 directors (15 from chamber group and 15 from association group) under the banner of two panels for the 2012-14 term election.
In the electoral process, 30 elected directors along with 18 nominated directors (nine from chamber group and nine from association group) would choose the president for two years' tenure.
Of the two panels, Chairman of Standard Bank Limited Kazi Akramuddin Ahmed is leading his own panel while former FBCCI president Annisul Huq is leading Ganatantrik Parishad panel.
BBN/SSR/AD-24Nov12-12:15 pm (BST)