Capital market regulatory body Bangladesh Securities and Exchange Commission (BSEC) Chairman Khandkar Rashed Maksud has been given the rank of ‘Senior Secretary’. A notification in this regard has been issued on Sunday (November 3) signed by the Deputy Secretary of the Ministry of Public Administration Aminul Islam. This notification was issued by order of the President.
BSEC executive director and spokesperson Mohammad Rezaul Karim confirmed the information on Monday (November 4).
According to the announcement, Bangladesh Securities and Exchange Commission Chairman Khandkar Rashed Maksud has been given the rank of senior secretary to the government for the tenure of the Bangladesh Securities and Exchange Commission. This order was issued in public interest.
BSEC Executive Director and Spokesperson Mohammad Rezaul Karim said, “We are proud to give the rank of Senior Secretary to BSEC Chairman Khandkar Rashed Maqsood.” We expect that under his efficient leadership, the learned commission will complete the capital market reform program in the future. In the future, the commission will work on the policy support needed to take the capital market to a world-class position.
It is known that Khandkar Rashed Maqsood has been serving as the tenth chairman of BSEC since August 19 this year. He succeeded the former chairman of BSEC Prof. Shibli Rubaiyat-ul-Islam. After the fall of Sheikh Hasina’s government on August 5, Professor Shibli Rubaiyat resigned from the post of BSEC chairman on August 10.
It may be noted that before joining BSEC, Khandkar Rashid Maqsood was the Strategic and Business Development Advisor of the World Bank Group’s International Finance Corporation (IFC). Khandkar Rashed Maqsood has 30 years of experience working in the banking sector in Bangladesh and abroad. He was the Managing Director and Chief Executive of Standard Bank Limited.
Rashed Maqsood completed his Masters from the Institute of Business Administration (IBA) of Dhaka University. After that, he started his career by joining American Express Bank as a management trainee in 1992. Prior to joining Standard Bank, he served as Managing Director of NRBC Bank Limited and Managing Director and Country Officer of City Bank NA Bangladesh.
