Speaking at the 9th annual general meeting (AGM) of CSE, President Habibullah Khan said CSE was the first to introduce automated screen-based trading in Bangladesh by connecting three major cities-- Chittagong, Dhaka and Sylhet.

"Only recently we brought resort city of Cox's Bazar under the purview of our network. Now, we plan to expand further by bringing Khulna, Barisal and Bogra under our network in the next phase," Khan said.

Khan said CSE offers the perfect platform to investors all over the world through its Internet Trading Service.

CSE is the third such exchange to have wide area network in the sub-continent out of the thirty-one stock exchanges after the National Stock Exchange and the Bombay Stock Exchange of India, Khan added.

He said CSE will continue spreading its wings by taking its services to the doorsteps of every investor across Bangladesh to spur investment activities. "We want to reach every segment of investors and channel the pool of small investors' fund into the development of the country."

The meeting elected Syed Mahmudul Huq, Nasiruddin Ahmed Chowdhury, Bijan Chakroborty and Murshed Murad Ibrahim directors of the bourse for a three-year term of 2005-2007.

The new Board in its meeting re-elected Habibullah Khan president and elected MKM Mohiuddin, Fakhor Uddin Ali Ahmed and Nasiruddin Ahmed Chowdhury vice-presidents for the year 2005.

CSE Directors Mohammed Mohiuddin, Syed Mahmudul Huq, Nasiruddin Ahmed Chowdhury and Al Maruf Khan retired from the CSE Board and were eligible for re-election as per articles of the bourse.

The current CSE Board is composed of twelve elected and as many as non-elected directors. The elected directors are President Habibullah Khan, three vice-presidents, MKM Mohiuddin, Fakhor Uddin Ali Ahmed and Nasiruddin Ahmed Chowdhury, and Syed Mahmudul Huq, ASM Nayeem, M Salman Ispahani, Nurul Qayyum Khan, Abu Sayed Md Shahidullah, Tareq Kamal, Bijan Chakroborty, and Murshed Murad Ibrahim.

Nominated directors are Yasmeen Murshed, Prof Rabiul Husain, Prof Abu Ahmed, Ali Ahmed, Farooq Sobhan, Mamun Rashid, Sarwar-E-Alam, Amir Humayun Mahmud Chowdhury, Md Shah Jahan, Mohd Safwan Choudhury, Waliur Rahman Bhuiyan and Dr A Majeed Khan.