Stockbrokers on Sunday demanded independent directors of the Dhaka Stock Exchange to be appointed from various sectors, including the Bangladesh bank, Bangladesh Supreme Court Bar Association, Federation of Bangladesh Chambers of Commerce and Industry and non-government organisations.
The DSE Brokers Association of Bangladesh on Sunday sent a letter to Salehuddin Ahmed, finance adviser聽to the interim government, mentioning a list of organisations from which expert individuals could be selected.
Signed by the DBA president Saiful Islam, the letter said that of the 13 directors of the DSE, seven independent directors were nominated based on the panel recommended by the DSE Board.
After the independent directors, including the DSE chairman resigned, the board activities were delegated to four elected shareholder directors and DSE ex-officio, the letter said.
The letter mentioned that for the past 15 years, the capital market had come to the verge of destruction due to inexperience and short-sightedness of individual directors appointed with political considerations and lack of proper knowledge.
