BM Desk : Two important positions on the board of directors of the country’s main stock exchange, the Dhaka Stock Exchange (DSE), will become vacant next month. To fill these vacancies, the DSE authorities have announced that elections will be held on December 15.

According to DSE sources, the directors whose terms are ending are Md. Shakil Rizvi, Managing Director of Shakil Rizvi Stock Ltd., and Mohammad Shahjahan, Managing Director of Jahan Securities Ltd. Both have been serving as elected directors representing broker-house owners.

The newly elected directors will officially assume their duties at the DSE’s Annual General Meeting (AGM) scheduled for December 18, during which the outgoing directors will hand over their responsibilities.

To conduct the election, the DSE has formed a three-member commission, with Justice Md. Abdus Samad as the chairman. The other two members are Mohammad Ibrahim and Dr. Md. Zahirul Islam, representing the shareholders.

According to the election schedule, interested candidates can collect nomination forms from DSE Tower between November 13 and 19 upon payment of Tk 25. The voter list will be published on November 12.

If there are any objections regarding nominations or the voter list, applications must be submitted to the election commission within the specified timeframe. After verification, the final list of candidates will be announced. In case a nomination is canceled, the candidate will have two days to appeal. Following all procedures, the final list of candidates will be published on December 3. Voting will take place on December 15, from 10:30 a.m. to 3:30 p.m.