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The government is very positive and giving all-out support for the development of the country’s capital market, said Bangladesh Securities and Exchange Commission Chairman Professor Shibli Rubayat-Ul-Islam.
The BSEC chairman said this as the newly elected board of directors of the DSE, led by its Chairman, Prof Dr. Hafiz Md. Hasan Babu, called on him on Sunday.
Mr Shibli Rubayat-Ul-Islam urged the new board of the DSE to set up a data centre and disaster recovery centre to address the upcoming challenges and move the market forward.
He hoped that the stock market will overcome all difficulties and move forward on the path of prosperity under the leadership of the newly elected board of directors of the Dhaka Stock Exchange.
DSE Chairman Hasan Babu said the ICT Department of the DSE should be modernised and automated. It should be the number one IT department not only in the context of Bangladesh but also in the global context, he added.
"The new board will adopt an action plan on this, and a committee will also be formed to implement the action plan," he said.
A committee will be formed in this regard, comprising industry people, academicians, and DSE officials, he said.
He said they will set short-term and long-term goals for the development of the capital market.
The BSEC Commissioners Dr Shaikh Shamsuddin Ahmed, Dr Mizanur Rahman, Md. Abdul Halim and Dr Rumana Islam were present, among others.
DSE independent directors Prof Dr. Abdullah Al Mahmud, Md Afzal Hossain, Rubaba Dowla, shareholder directors Md. Shakil Rizvi, Sharif Anwar Hossain, Mohammad Shahjahan, Siddiqur Rahman, and M. Shaifur Rahman Mazumdar, acting managing director of the DSE, were also present.
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