BANGLADESH

The Securities and Exchange Commission (SEC) has approved appointment of six more directors to Chittagong Stock Exchange (CSE).

CSE president Fakhr Uddin Ali Ahmad on Saturday told bdnews24.com that the list of the six nominees was sent to SEC for approval. "SEC approved their appointment on Thursday."

The directors have been nominated for three years, he said.

The new directors the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) president A K Azad, the Institute of Chartered Accountants of Bangladesh president Parvin Mahmud, former caretaker government advisor C M Shafi Sami, Chittagong University teacher Prof Selim Uddin, Chittagong Metropolitan Chamber of Commerce and Industry's former president Abdus Salam and Daily Purbakon editor Taslim Uddin Chowdhury.

The port city's bourse has altogether 25 directors—Twelve elected and as many nominated while other one becomes the chief executive officer by virtue of his position.