Dhaka Stock Exchange (DSE) has formed five bodies to oversee the
formulation, execution, implementation and monitoring activities of the
demutualised exchange, officials said.
The premier bourse formed the committees at the first board meeting chaired by the Chairman Siddiqur Rahman Miah and held Tuesday at DSE premises.
The committees formed by the DSE are: nomination and remuneration committee, regulatory affairs committee, audit and risk management committee, appeal committee and conflict mitigation committee.
When asked, a shareholder director has said the names of the committees have been mentioned in the Demutualisation Act.
"Now the committees have been formed as per the Act," the director said.
As per the DSE decision, each of the body has been comprised of five members and five bodies will be led individually by five independent directors.
Each of four bodies, other than the regulatory affairs committee, has included a shareholder director.
Independent director Brig. Gen. Majibur Rahman is the head of nomination and remuneration committee.
Independent director Waliul Islam will lead the regulatory affairs committee, whereas the audit and risk management committee will be led by independent Director Abul Hasem, appeal committee by independent Director Dr. M Kaykobad and conflict mitigation committee by independent Director Ruhul Amin.
The premier bourse formed the committees at the first board meeting chaired by the Chairman Siddiqur Rahman Miah and held Tuesday at DSE premises.
The committees formed by the DSE are: nomination and remuneration committee, regulatory affairs committee, audit and risk management committee, appeal committee and conflict mitigation committee.
When asked, a shareholder director has said the names of the committees have been mentioned in the Demutualisation Act.
"Now the committees have been formed as per the Act," the director said.
As per the DSE decision, each of the body has been comprised of five members and five bodies will be led individually by five independent directors.
Each of four bodies, other than the regulatory affairs committee, has included a shareholder director.
Independent director Brig. Gen. Majibur Rahman is the head of nomination and remuneration committee.
Independent director Waliul Islam will lead the regulatory affairs committee, whereas the audit and risk management committee will be led by independent Director Abul Hasem, appeal committee by independent Director Dr. M Kaykobad and conflict mitigation committee by independent Director Ruhul Amin.
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