Company secretaries crucial to implementing new BSEC rules: Chairman Masud

Bangladesh Securities and Exchange Commission (BSEC) Chairman Masud Khan today (25 July) said company secretaries and other governance professionals would play a key role in implementing the proposed Corporate Governance Rules, 2026, as their effective oversight would be vital for improving corporate governance and compliance.

"Proper compliance with the rules will improve transparency, accountability and investor confidence in the capital market," he said while addressing a continuing professional development (CPD) programme organised by the Institute of Chartered Secretaries of Bangladesh (ICSB) at the BIM auditorium in Dhaka.

Speaking as the chief guest, Masud said the proposed rules aim to strengthen corporate governance standards, promote sustainable business practices and enhance the credibility of Bangladesh's capital market.

Bangladesh Association of Publicly Listed Companies President Riad Mahmud, who attended the event as the special guest, said regulators and listed companies need to work together to ensure the proposed rules are implemented properly.

Presenting the keynote paper, former ICSB president Mohammad Sanaullah outlined the main features of the proposed rules, including enhanced responsibilities for boards of directors, audit committees and independent directors.

"Aligning Bangladesh's corporate governance practices with international standards will help improve market credibility and attract investment," he said.

The programme, titled "Proposed BSEC Corporate Governance Rules, 2026", was organised by ICSB to discuss the draft rules.

The session was chaired by ICSB President Hossain Sadat, who said the institute would continue to support chartered secretaries in adapting to new regulatory requirements.