Saiful Islam re-elected as DBA President

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Saiful Islam re-elected as DBA President

B Mirror Report: A total of 15 members have been elected unopposed in the election of the board of directors of the DSE Brokers Association of Bangladesh (DBA), the organization of stock brokers in the capital market. Along with this, Saiful Islam, director of BRAC EPL Stock Brokerage Limited, has been re-elected as the president of DBA.
The others among those elected are— Senior Vice President: Md. Moniruzzaman, Managing Director and CEO, Prime Bank Securities Limited. Vice President: Md. Nafiz-Al-Tariq, Managing Director, Dhaka Bank Securities Limited.
Elected as Directors––M. Rafiuzzaman Bokhari, Managing Director, AB & Company Limited, Barrister Mohammad Iftekhar Jonayed, Managing Director, SCL Securities Limited, Md. Nadeem, Managing Director, R. N. Trading Limited, Ahmed Kabir Majumder, Managing Director, Azam Securities Limited, R. Y. Shamsher, Managing Director, New Era Securities Limited, Aminul Islam, CEO, One Securities Limited, Alhajba Nahid Ahmed, Managing Director, GMF Securities Limited, Naeem Md. Qayyum, Managing Director, Qayyum Securities Limited, Mohammad Ibrahim, Managing Director, Vision Capital Management Limited, Dr. Osman Gani Chowdhury, Managing Director, Expo Traders Limited, Khandaker Shafiqur Rahim, Managing Director, Phoenix Securities Limited and Sharif Ataur Rahman, Managing Director, SAR Securities Limited.
According to DBA sources, the election schedule was announced on August 28. According to the schedule, October 19 was the last day for filing nominations. On that day, a total of 15 candidates, including 1 for the post of President, 1 for the post of Senior Vice President, 1 for the post of Vice President and 12 for the post of Director, submitted their nominations.
After the scrutiny of the nominations, the Election Board declared 15 candidates valid on November 1. November 3 was the last day for withdrawal of candidacy. Since no one withdrew their candidacy and the number of valid candidates was equal to the number of eligible posts, the Election Board declared them elected unopposed as per the Trade Organization Rules 2025. As a result, no more voting was required. The elected members will formally take office at the upcoming annual general meeting of the DBA.

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