CDS Department oversights the functions and activities of Central Depository Bangladesh Limited (CDBL) and Depository Participants (DP) as well as conversion of physical share certificates of listed companies into dematerialized form, supervision of the issuance of securities, transfer of shares, supervision of BO accounts and issuance of directives/orders in these connections under the Depository Act, 1999. As a result of introducing depository system, transparency in securities issuance, trading and settlement has increased significantly and settlement period of securities transactions has also reduced.
The department is headed by Mr. Farhad Ahmed, Executive Director.
Officers of the Central Depository System (CDS) Department:
|Mr. Farhad Ahmed||Executive Director|
|Mr. Syed Muhammad Golam Mowla||Assistant Director|