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DHAKA, April 28, 2024 (BSS) - Professor Shibli Rubayat-Ul Islam has been

reappointed as the Chairman of the Bangladesh Securities and Exchange
Commission (BSEC) for another four-year term.

Finance Ministry today issued a circular to this end.

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.