BM Desk:

The Chittagong Stock Exchange (CSE) announced on Monday that it has appointed Saifur Rahman Majumdar as its new managing director. Majumdar is a seasoned professional with over 27 years of experience in the private sector. He has held various senior positions in the capital market, financial management, export and production management, HR management, and management consulting.

Majumdar is a Fellow Chartered Accountant and Fellow Cost Management Accountant. He is a member of both the Institute of Chartered Accountants of Bangladesh (ICAB) and the Institute of Cost and Management Accountants of Bangladesh (ICMAB). He holds a Bachelor of Commerce (Honors) and Master of Commerce (Accounting) degrees from Chittagong University.

Prior to joining the CSE, Majumdar served as the Chief Operating Officer (COO) of the Dhaka Stock Exchange (DSE). He also served as the DSE’s Managing Director (in-charge).

Majumdar has a proven track record of leadership in both business and professional organizations. He is a former vice president of the ICAB. He served on the ICAB’s council from 2016 to 2018. He is also the former chairman of the ICAB’s Chittagong Regional Committee and the former chairman of the ICMAB Chittagong Branch Council. He is a former director of the Bangladesh Frozen Foods Exporters Association (BFFEA).

Majumdar has made significant contributions to the professional development of Bangladesh as a resource person at various seminars, workshops, and training programs organized by the ICAB, ICMAB, SAFA, BSEC, and the stock exchanges. He has also participated as a speaker at various international conferences organized by the World Economic Forum, World Federation of Exchanges (WFE), and South Asian Federation of Exchanges (SAFE).

In a statement, the CSE said that Majumdar’s appointment is a testament to his experience and expertise. The exchange is confident that he will lead the CSE to new heights.