
Economist M Masrur Reaz on Saturday said that he was not interested in taking the role of the chairman of the Bangladesh Securities and Exchange Commission.
In a statement, Masrur, the founder, chairman and chief executive officer of Policy Exchange Bangladesh, a research organisation, stated his unwillingness.
United News of Bangladesh reports: Masrur formally communicated his decision to the Financial Institutions Division of the Ministry of Finance.
In the statement, he said, ‘I feel that at this critical juncture of the nation, I will be best able to serve in my current role as an economist to promote necessary policy analysis and dialogue, and putting forth actionable policy and reform ideas for the betterment of our economy, with particular focus on trade, investment, and financial development.’
‘I would like to take the opportunity to express my gratitude to the interim government for appointing me as the chairman of the BSEC,’ Masrur said.
He also said, ‘Despite my heartfelt appreciation, I have decided not to accept the position of BSEC chairman.’
Earlier on August 13, the Financial Institutions Division issued a circular, appointing Masrur as the chairman of the stock market regulatory commission, after its previous chairman Shibli Rubayat-ul Islam resigned on August 11 following the resignation of Sheikh Hasina as prime minister and her fleeing from the country amid an unprecedented mass uprising.