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Regulatory Reform Commission CEO appointed

Thursday, 8 November 2007


FE Report
The government has appointed Golam Rabbani, a joint secretary, as the chief executive officer (CEO) of the newly-established Regulatory Reform Commission.
In addition, five deputy secretaries have been transferred to the commission secretariat, housed at the Board of Investment, to assist the commission members assigned to modernise the country's age-old trade and business regulations, the sources said.
The caretaker government Tuesday formed the 17-member-strong body headed by Akbar Ali Khan through a gazette notification.
"The government has already recruited the chief executive of the commission and the commission members have already started ground work for changes needed to overhaul business rules, making those time-befitting," a source close to the commission told the FE Wednesday.
The source noted the commission chairman is likely to convene its first meeting in a week or so.
Khan told the FE recently that he would try to remove regulatory hurdles facing the business community and for the greater interest of the nation.
"I feel that there's a need to remove regulatory roadblocks. And our job is to make such rules, which are in many cases obsolete, outdated," Khan pointed out.
The commission members include some top bureaucrats, former caretaker advisers Syed Manzur Elahi and Abdul Muyeed Chowdhury, Bangladesh Bank governor, executive chairman of the Board of Investment, president of the Federation of Bangladesh Chambers of Commerce and Industry, Mark Group chairman, new executive director of Centre for Policy Dialogue and president of Power and Participation Research Centre, a private research group.
The tenure of the commission will be one year from the date of issuing of the notification.
As per its scope of work, the commission can co-opt any experienced person for accomplishing its task for a particular period and for particular purpose mentioned in the notification. The government then will regularise the co-option by gazette notification.