BANGLADESH SECURITIES AND EXCHANGE COMMISSION

JIBON BIMA TOWER (14, 15, 16 & 20 FLOOR), 10 DILKUSHA C/A, DHAKA-1000, BANGLADESH

SEC/Enforcement/2023/2013/671
November 10, 2014

DIRECTIVE

In the interest of investors and securities market the Bangladesh Securities and Exchange Commission is satisfied that Mr. Kazi Saifur Rahman, Chief Executive Officer, First Securities Services Limited (FSSL) need to be removed from the post of Chief Executive Officer of the company;

Now in exercise of the power conferred by section 20A of the Securities and Exchange Ordinance, 1969 (Ordinance No. XVII of 1969), the Bangladesh Securities and Exchange Commission hereby directs the company to remove Mr. Kazi Saifur Rahman from the post of Chief Executive Officer of First Securities Services Limited (FSSL).

He will be barred from holding any office of any organization associated with Bangladesh Securities and Exchange Commission.

This order will remain valid for five years from the date of this directive.

This shall have immediate effect.

By order of the Bangladesh Securities and Exchange Commission

Signature

Professor Dr. M. Khairul Hossain
Chairman

Copy to:
i. Chairman, First Securities Services Limited (FSSL) (Please inform compliance within 3 days from the receipt of this order)
ii. CEO-DSE,CSE & CDBL (with request to inform all broker/dealer/DP)
iii. BPLC (with request to inform all listed companies)
iv. MBA (with request to inform all merchant bankers)
v. AMCA (with request to inform all asset management companies)
vi. All credit rating companies
vii. Executive Director (Surveillance)
viii. Executive Director (MIS)
ix. Mr. Kazi Saifur Rahman

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