The government has appointed Hossain Sadat as the new commissioner of Bangladesh Securities and Exchange Commission (BSEC).
On Tuesday (July 28), the notification signed by Farzana Jahan, Deputy Secretary of Financial Institutions Division (Capital Market-1 Branch) of the Ministry of Finance, informed about this appointment.
According to the notification, Hossain Sadat has been appointed as Commissioner for four years from the date of joining in accordance with Section 5(2) of the Bangladesh Securities and Exchange Commission Act, 1993.
It has also been said that as per the terms of appointment, he has to give up the existing work-relationship with all other institutions and organizations. His salary and other benefits will be determined by the agreement executed with the government.
The notification states that this appointment order issued in the public interest by order of the President will be effective immediately.
Sun News/ Zaman
