Economist and public policy expert Dr M Masrur Reaz has been appointed as chairman of the stock market regulator Bangladesh Securities and Exchange Commission (BSEC).
The Financial Institutions Division (FID), a wing of the Ministry of Finance, issued an office order in this regard on Tuesday. He has been appointed for a term of four years.
Widespread corruption of last two BSEC chairmen destroyed investors' trust, says brokers association
Reaz , Chairman and Chief Executive Officer (CEO) of Policy Exchange Bangladesh, a think tank, has a PhD in Development Economics from the University of Manchester, UK. Later he did his MBA from New Orleans University, USA.
He worked as a Senior Economist in the Finance, Competitiveness, and Innovation (FCI) Global Practice of the World Bank. He served in the World Bank from 2010-2020.
Derivative products will be launched in stock market by 2025: BSEC
Former Chairman of BSEC Shibli Rubayat Ul-Islam resigned on August 11.
Shibli was reappointed for a second term as BSEC chairman for four years on April 28.