Dhaka, Bangladesh (BBN) – Four directors were elected to the Dhaka Stock Exchange (DSE), the country’s prime bourses, on Sunday for three years.
The directors are Ahmed Rashid Lali, former DSE vice-president and managing director of Rashid Investment Service, Ahsanul Islam Titu, chairman of Mona Financial and Securities, Azizur Rahman, managing director of Globe Securities, and Mizanur Rahman Khan, managing director of Dhanmondi Securities.
Ahmed Rashid bagged 158 votes, Ahsanul Islam 141 votes, and Azizur Rahman and Mizanur Rahman 115 votes each. The DSE has 229 voters, but 194 went to the polls, each voting for four.
The elected directors will elect a president, a senior vice-president and a vice-president for one-year tenure.
Of the 24 members of the DSE’s managing committee, 12 will be elected through direct voting and the rest will be selected by the elected members. The new committee will take over the charge at the annual general meeting on March 16 this year.
A four-member commission headed by Rafiquel Islam presided over the polls. The other commission members were MA Hosen and M Kamaluddin.
The seven candidates vied for the DSE directorship. Three candidates who have lost the election are Shahudul Haque Bulbul, managing director of Bulbul Securities, Manjuruddin Ahmed, managing director of M and Z Securities and Kader Choudhury of Phoenix Securities.
BBN/SSR/AD-14Mar11-1:26 am (BST)
