Shares of the streaming video pioneer fell after it reported a large batch of new customers in the first quarter but gave a revenue forecast that missed analyst targets
The former Dhaka Stock Exchange (DSE) managing director’s appointment was announced in a public administration ministry order on Monday.
Bala, also a professor of Dhaka University’s accounting and information system department, will replace Arif Khan, who stepped down in January.
Bala’s contract with DSE ended on Apr 12.
Stock market regulator BSEC consists of a chairman and four commissioners.
M Khairul Hossain is the present Chairman. The three other commissioners are Md Helal Uddin Nizami, Md Amzad Hossain and Md A Salam Sikder.