Nuzhat Anwar joins DSE as MD
After a vacuum of more than one and a half years, Nuzhat Anwar – who has over two decades of experience in financial markets, banking, and development finance – has joined as the managing director of the Dhaka Stock Exchange (DSE), the country's premier bourse.
Nuzhat is the first female managing director at the bourse after the demutualisation in 2013.
Earlier, on 18 December, the Bangladesh Securities and Exchange Commission (BSEC) approved her appointment as the new MD of the Dhaka bourse.
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The top executive post at the DSE had remained vacant since May last year, following the resignation of ATM Tariquzzaman, with the exchange being run by interim arrangements during the period.
Speaking to The Business Standard, Nuzhat said, "I have joined the DSE with high hopes and deep passion. I am very excited to work for the country's capital market."
According to a press release by the DSE, prior to her appointment, she worked at the International Finance Corporation (IFC), the private sector arm of the World Bank Group, where she held multiple senior leadership roles across Africa and South Asia.
Her positions included resident representative for Liberia and Sierra Leone, senior country officer for Bangladesh covering Bangladesh, Bhutan, and Nepal, and acting cluster manager during the Covid-19 pandemic and the subsequent transition period.
Nuzhat also served as an IFC country officer in Botswana and Namibia, where she played a key role in establishing IFC's presence in Gaborone and advancing a sustainable investment program, including IFC's first investment in Botswana.
She offers deep expertise in capital management, treasury and liquidity, transaction services, portfolio optimisation, and market advocacy. Earlier in her career, she spent 16 years with Citibank Bangladesh and Standard Chartered Bank Bangladesh in various senior management roles.
Nuzhat holds a Master's degree in commerce (finance) from the University of Dhaka.
