Regulator approves CDBL MD's appointment

The securities regulator Tuesday approved the appointment of Shuvra Kanti Choudhury, FCA, as managing director (MD) & CEO of Central Depository Bangladesh Limited (CDBL).

The regulator approved the appointment of Mr. Choudhury, a former executive director of BSEC for two years.

The board of CDBL recently took the decision of appointing Mr. Choudhury as MD & CEO from February 1, 2018.

Following the board's proposal, the securities regulator Tuesday approved the appointment of Mr. Choudhury.

Presently, Mr. Choudhury is working as acting managing director at CDBL. Previously, he was also deputy managing director at the company.

Prior to joining CDBL, Choudhury had served the Dhaka Stock Exchange as chief financial officer and acting managing director.

Before joining the premier bourse DSE, he served as chief financial officer and company secretary of CDBL.

Choudhury also worked as finance director of Radisson Water Garden Hotel, and prior to that he was an executive director of Bangladesh Securities and Exchange Commission.

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