Establishment of securities institute demanded
FE Report | Tuesday, 3 June 2008
Chittagong Stock Exchange (CSE) President Nasir Uddin Ahmed Chowdhury has urged the Securities and Exchange Commission for immediate implementation of a long cherished demand for a securities institute in the country.
He made the call while speaking as the chief guest of the inaugural session of a month-long 'Comprehensive training course on capital market' organised by the Chittagong Stock Exchange at CSE Conference Hall.
Nasir Uddin said, "It is one of the noble endeavours of CSE that we have been conducting comprehensive training courses to meet the dearth of skilled human resources in the market intermediaries. Capital market is the largest source of capital for entrepreneurs. So I hope more and more entrepreneurs would come to form bigger capital for industrialisation.
He told the participants, "The more you know the more demanded you will be in the job market. Bangladesh has enormous potentials to speed up employment opportunity through industrialisation, which can be tapped by our small savers through IPO process."
"We have a vision to bring into existence skilled entrepreneurs in the country who will consider our stock market an effective fund source. If we do so, the country will stand in a position to ease inflation, boost up export earnings and implement poverty reduction strategy."
He further underscored the need for continuation of such training. Another training course will start from June 5 on derivatives in Dhaka. He requested training participants to use the training resource perfectly and efficiently and transform them as good stock market professionals.
CSE Chief Executive Officer AB Siddique made the opening remarks in the session. Another former director of CSE and former president of ICMAB and also a resource person of the training Mohammed Mohiuddin conducted the first session of the course.
Among others CSE Director Bijan Chakraborti, Member Jamshed Alam Chowdhury, GM (Systems) Abdul Mutaleb, GM (Compliance) Md Atiquzzaman, Head of Finance and Company Secretary Ahmad Dawood and coordinator of the training course Market Development Manger Kamal Uddin Jalal were also present on the occasion.
He made the call while speaking as the chief guest of the inaugural session of a month-long 'Comprehensive training course on capital market' organised by the Chittagong Stock Exchange at CSE Conference Hall.
Nasir Uddin said, "It is one of the noble endeavours of CSE that we have been conducting comprehensive training courses to meet the dearth of skilled human resources in the market intermediaries. Capital market is the largest source of capital for entrepreneurs. So I hope more and more entrepreneurs would come to form bigger capital for industrialisation.
He told the participants, "The more you know the more demanded you will be in the job market. Bangladesh has enormous potentials to speed up employment opportunity through industrialisation, which can be tapped by our small savers through IPO process."
"We have a vision to bring into existence skilled entrepreneurs in the country who will consider our stock market an effective fund source. If we do so, the country will stand in a position to ease inflation, boost up export earnings and implement poverty reduction strategy."
He further underscored the need for continuation of such training. Another training course will start from June 5 on derivatives in Dhaka. He requested training participants to use the training resource perfectly and efficiently and transform them as good stock market professionals.
CSE Chief Executive Officer AB Siddique made the opening remarks in the session. Another former director of CSE and former president of ICMAB and also a resource person of the training Mohammed Mohiuddin conducted the first session of the course.
Among others CSE Director Bijan Chakraborti, Member Jamshed Alam Chowdhury, GM (Systems) Abdul Mutaleb, GM (Compliance) Md Atiquzzaman, Head of Finance and Company Secretary Ahmad Dawood and coordinator of the training course Market Development Manger Kamal Uddin Jalal were also present on the occasion.