DHAKA, Jan 7, 2026 (BSS): The Bangladesh Securities and Exchange Commission (BSEC) and the newly elected executive committee of the Bangladesh Merchant Bankers Association (BMBA) have committed to developing the country's capital market.
During a courtesy meeting held on Wednesday at the BSEC building in Agargaon, leaders from both organisations discussed strategic measures to strengthen the market's foundation, said a press release.
BSEC Chairman Khondoker Rashed Maqsood emphasized that the primary responsibilities of merchant banks include issue management, underwriting, and portfolio management.
He noted that the recently gazetted and updated IPO rules have created significant opportunities to bring reputable and high-performing companies into the capital market.
He urged BMBA members and issue managers to take the lead in this initiative.
The BSEC would provide all necessary support to ensure that the market attracts companies that inspire investor confidence, Maqsood said.
The discussion also focused on the need for merchant banks to enhance their capabilities in capital formation, portfolio management, and corporate advisory services.
Maqsood highlighted that improvements in the efficiency, capacity, and ethics of merchant banks would naturally make the capital market more attractive to investors and other stakeholders.
BSEC Commissioner Farzana Lalarukh addressed the importance of digital transparency, suggesting that every merchant bank and their association should maintain informative web pages and web portals.
She noted that providing authentic and detailed information through these platforms is essential for creating awareness among investors and preparing them to participate more effectively in the market.
Senior officials in attendance included BSEC Commissioners Md Mohsin Chowdhury, Md Ali Akbar, Farzana Lalarukh, and Md. Saifuddin, along with executive directors and other senior officials.
The BMBA delegation was led by its President Iftekhar Alam and included General Secretary Sumit Poddar, Vice President Md. Monirul Haque, Treasurer Syed Rashed Hussain, and executive members Gazi Mohammad Tareq, Suman Kumar Kundu, and Md. Sohel Haque.
