Appointment of BSEC consultant approved

The ministry of finance (MoF) has approved the appointment of a consultant in the post of chief accountant who will assist the securities regulator in revising existing rules and regulations along with supervising corporate governance, officials said.  
As per the ministry's approval, Md. Monoar Hossain FCA will join the Bangladesh Securities and Exchange Commission (BSEC) soon.
The BSEC officials said the MoF Sunday approved the temporary appointment of Mr. Hossain for three months and the tenure of his job may be extended if it becomes necessary.
The status of the BSEC consultant will be equivalent to an executive director of the securities regulator.
The officials said the BSEC consultant mainly will work as the chief of the corporate governance department.
 "At the same time, the consultant will help the securities regulator in bringing relevant changes in existing rules and regulations along with formulating new guidelines," a BSEC official said.