The chairman of the Bangladesh Securities and Exchange Commission (BSEC), Khondkar Rashed Maksud, along with four commissioners, resigned on Thursday, June 4, 2026. The commissioners who stepped down are M. Mohsin Chowdhury, Md. Ali Akbar, Farzana Lalarukh, and Md. Saifuddin. They submitted their resignation letters to the Financial Institutions Division of the Ministry of Finance in the morning. Maksud had been appointed chairman on August 18, 2024, for a four-year term, while the commissioners were appointed between June 2024 and July 2025.

Finance and Planning Minister Amir Khosru Mahmud Chowdhury announced that the BSEC, the country’s capital market regulator, will be reconstituted within the next two weeks. The resignations came a day after the officials cleared their personal belongings from their offices. A planned Eid reunion event at the BSEC headquarters, scheduled for Thursday morning, was canceled earlier that day, and invitees were informed via text message.

The ministry’s announcement indicates that a new leadership team for the BSEC will be formed soon to ensure continuity in regulatory oversight of the capital market.