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uAA Enterprise Desk
Md. Monowar Hossain FCA has joined as the first Chief of Operation (COO) of CMSF. Md. Nojibur Rahman, Chairman of Capital Market Stabilization Fund (CMSF) and former Principal Secretary to Prime Minister, former Chairman NBR has welcomed him. “Monowar brings with him loads of related experiences which is able to facilitate our ongoing actions particularly and the success of CMSF mandates typically”, he stated. Earlier the securities regulator, Bangladesh Securities and Trade Fee (BSEC), has authorized his appointment.
The CMSF was established by the BSEC (Capital Market Stabilization Fund) Guidelines, 2021 (CMSF Rule 2021) by BSEC in train of the powers conferred by part 33(1) of the Securities and Trade Ordinance, 1969. CMSF acts as a custodian of undistributed money and inventory dividend, non-refunded public subscription cash and un-allotted rights shares from the issuer of listed securities.
Monowar, a widely known character and Skilled Accountant, is the Chief Monetary Officer (CFO) of State-Owned Agrani Financial institution Restricted. He served Head of ICC, GM (Danger Administration), GM (Coaching Institute), GM (Khulna Circle), Head of treasury Challan Cell, and so forth. in Agrani Financial institution. In his 25 years skilled profession he additionally served the ‘Advisor (Officer of the Chief Accountant)’ of Bangladesh Securities and Trade Fee, Common Supervisor (ICC) in Rupali Financial institution, Head of CGFRC of Dhaka Inventory Trade, in Brummer & Companions, SGS (Bangladesh) Ltd. and so forth. in nationwide and multinational organizations. Monowar is a Chartered Accountant (FCA), Price and Administration Accountant (FCMA), Chartered Secretary (FCS), Licensed Info System Auditor (CISA) from USA, Chartered Public Finance and Accountant (CPFA) from UK, Fellow of Licensed Common Accountant (CGA).
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