2025-11-06
Added · Updated
The Bangladesh Securities and Exchange Commission amends Rule 15(2) of the 2016 Investment Education and Training Rules to mandate the appointment of one Executive Director and one Director to the positions of Managing Director and Additional Managing Director, respectively, subject to the 2021 Service Rules. A proviso allows the Board, with prior Commission approval, to contractually appoint suitable individuals to these roles if internal appointments are not feasible. This amendment applies to the organizational structure and senior leadership appointments within the Commission.
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Registered No. D A-1
Bangladesh Gazette
Extraordinary Issue
Published by Authority
Thursday, November 6, 2025
[ Notices and notifications issued by private individuals and corporations for consideration. ]
Bangladesh Securities and Exchange Commission
Legal Department
CMARRC Department
Regulation Section
Notification
Date: October 30, 2025
No. 53.02.0000.201.22.035.16.96.272.158—Under the powers conferred by Section 24(1) of the Bangladesh Securities and Exchange Commission Act, 1993 (Act No. 15 of 1993), and after prior publication, the Bangladesh Securities and Exchange Commission (Development of Investment Education and Training) Rules, 2016 are hereby amended as follows:
In the aforementioned Rules:
Rule 15, sub-rule (2) shall be replaced by the following:
“(2) One Executive Director and one Director from the Commission shall be appointed to the posts of Managing Director and Additional Managing Director, respectively, subject to the relevant conditions of the Bangladesh Securities and Exchange Commission Employees Service Rules, 2021:
Provided that if, for any reason, the Commission is unable to appoint the Managing Director and Additional Managing Director from among its officers, the Board may, with the prior approval of the Commission, contractually appoint any suitable person to the posts of Managing Director and Additional Managing Director, subject to applicable conditions.”
By Order of the Bangladesh Securities and Exchange Commission
Khandakar Rashed Maksud
Chairman
Printed by Mohammad Abu Yusuf, Deputy Director (Under Secretary), Bangladesh Government Printing Office, Tejgaon, Dhaka. Published by Md. Nazrul Islam, Deputy Director (Under Secretary), Bangladesh Forms and Publications Office, Tejgaon, Dhaka. website: www.bgpress.gov.bd ( 11521 ) Price: 4.00 Taka
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Source: Bangladesh Securities and Exchange Commission — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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