Bangladesh Securities and Exchange Commission (BSEC) has reappointed Professor Shibli Rubayat-Ul Islam as the Chairman for another four-year term.
Finance Ministry has issued a circular in this regard on Sunday.
According to the circular, Prof Shibli Rubayat-Ul-Islam has been reappointed as Chairman as per the Section-5(6) of the Bangladesh Securities and Exchange Commission Act, 1993, for a four-year term commencing from May 17, 2024 or the date of assumption of duties.
Earlier, on April 4, Prime Minister Sheikh Hasina consented to the ministry's recommendation for his reappointment.
Shibli Rubayat-Ul-Islam was appointed as the chief of the capital market regulatory body on May 17, 2020. His tenure expires on May 16 this year, leaving only 13 working days until then.