Bangladesh, Oct. 23 -- The release of the draft Corporate Governance Rules in May 2026 by the Bangladesh Securities and Exchange Commission (BSEC) marks a welcome and timely step forward for the country's financial ecosystem. Modern capital markets rely on trust, and trust is built inside corporate boardrooms. Through the draft rule, the Commission has signalled its intent to overhaul boardroom standards. Train Managers

At the centre of this reform is the Independent Director (ID)-a vital custodian appointed to provide unbiased oversight, safeguard minority shareholders, and enrich board decisions with objective counsel. The draft code proposes several forward-thinking updates:

Increasing the minimum proportion of independent directors...