In a letter to the DSE, the BSEC said Rahman’s academic qualification, professional experience and competency do not meet the fit and proper criteria of the Dhaka Stock Exchange (Board and administration) Regulation, 2013. Rahman was one of the two candidates shortlisted by the DSE board for the vacant post of MD after Kazi Sanaul Hoq stepped down in October last year. As per the instruction of the board, Sarker and Rahman were called for an interview, with the latter emerging as the favourite, particularly of Md. There was heated debate in the meeting about Rahman's selection, with a number of independent directors vetoing his candidature. “I have voiced my opinion at the meeting in my capacity as a director,” Rakibur Rahman earlier told Dhaka Tribune after the meeting.

Source: Dhaka Tribune February 16, 2021 19:41 UTC