Md. Monowar Hossain FCA has joined as the 1st Chief of Operation (COO) of CMSF.
Md. Nojibur Rahman, Chairman of Capital Market Stabilization Fund (CMSF) and former Principal Secretary to Prime Minister, former Chairman NBR has welcomed him.
“Monowar brings with him a lot of relevant experiences which will facilitate our ongoing activities in particular and the fulfillment of CMSF mandates in general”, he said. Earlier the securities regulator, Bangladesh Securities and Exchange Commission (BSEC), has approved his appointment. The CMSF was established by the BSEC (Capital Market Stabilization Fund) Rules, 2021 (CMSF Rule 2021) by BSEC in exercise of the powers conferred by section 33(1) of the Securities and Exchange Ordinance, 1969. CMSF acts as a custodian of undistributed cash and stock dividend, non-refunded public subscription money and un-allotted rights shares from the issuer of listed securities.
Monowar, a well-known personality and Professional Accountant, is the Chief Financial Officer (CFO) of State-Owned Agrani Bank Limited.
He served Head of ICC, GM (Risk Management), GM (Training Institute), GM (Khulna Circle), Head of treasury Challan Cell, etc. in Agrani Bank. In his 25 years professional career he also served the ‘Consultant (Officer of the Chief Accountant)’ of Bangladesh Securities and Exchange Commission, General Manager (ICC) in Rupali Bank, Head of CGFRC of Dhaka Stock Exchange, in Brummer & Partners, SGS (Bangladesh) Ltd. etc. in national and multinational organizations.
Monowar is a Chartered Accountant (FCA), Cost and Management Accountant (FCMA), Chartered Secretary (FCS), Certified Information System Auditor (CISA) from USA, Chartered Public Finance and Accountant (CPFA) from UK, Fellow of Certified General Accoun tant (CGA).
