Colors Desk: Amidst a downturn in the Capital market across the globe from May 2020 to May 2021 but Bangladesh capital market is showing a vibrant trend. It is due to the prudent and dynamic leadership of Bangladesh Security and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat-Ul-Islam. Recently Country’s Premier bourse Dhaka Stock Exchange (DSE) authority congratulated Professor Shibli Rubayat-Ul-Islam for his dynamic leadership and development of the capital market. In the note of congratulation DSE Chairman, Md Eunusur Rahman said, DSE believes the first year of the new leadership at the BSEC was “successful” in terms of “the development of the capital market.” DSE officials on 18th May 2021 handed over their congratulation letter to the BSEC Chairman Professor Shibli Rubayat-Ul-Islam.
DSE Chairman also said in the letter, “The commission, with their leaders’ prudence and talent, has played a significant role in the development, reforms and also in the regulation of the market.”
“Some fantastic initiatives of the new commission helped increase the confidence of investors and the other stakeholders of the market and that is reflected in the positive trend in the market,” said the DSE chairman who was heading the Financial Institutions Division at the Ministry of Finance before joining DSE board.
It is worth mentioning that the DSEX, the broad-based benchmark of the DSE, was below 4,000 points before the new commission took charge on 17 May 2020, and it closed above 5,800 points a year later on 18th May 2021.
BSEC Chairman Professor Shibli Rubayat-Ul-Islam said, “We are working for a developed capital market that would cater to the financing needs of the economy as well as offering all types of investors ample opportunities to put their money into.”