Economist M Masrur Reaz on Saturday announced that he would not be accepting the position of chairman of the Bangladesh Securities and Exchange Commission (BSEC).
In a statement, Masrur, who is the founder, chairman, and CEO of Policy Exchange Bangladesh, a research organization, expressed his reluctance to take on the role.
He stated, ‘At this critical juncture for the nation, I believe I can best serve by continuing in my current role as an economist, focusing on promoting essential policy analysis and dialogue. My work involves advancing actionable policy and reform ideas aimed at improving our economy, with particular emphasis on trade, investment, and financial development.’
Masrur expressed his gratitude to the interim government for appointing him as the BSEC chairman but added, dDespite my heartfelt appreciation, I have decided not to accept the position.’
on August 13, the Financial Institutions Division issued a circular appointing Masrur as the chairman of the stock market regulatory commission.
This appointment followed the resignation of the previous chairman, Shibli Rubayat-ul Islam, on August 11, after Sheikh Hasina resigned as prime minister and fled the country amid an unprecedented mass uprising.