Formation of new board of directors of Exim Bank

by times news cr

2024-08-30 08:54:29

Published: 18:41, 29 August 2024

The central bank has dissolved the board of directors of the private sector Export Import Bank of Bangladesh PLC or Exim Bank. At the same time, a new board of directors has been formed by appointing 5 directors including three shareholders.

Formation of new board of directors of Exim Bank

On Thursday (August 29), Bangladesh Bank canceled the board in an order.

A new independent director has been appointed in the same order.

Exim Bank was freed from the hands of BAB Chairman Nazrul Islam Majumdar.

So far Majumdar was the chairman of Exim Bank and his wife Nacherin Islam was the director.

In the order sent to the managing director of Exim Bank, it is said that the board of directors of the bank has been dissolved and a new board has been formed to protect the interests of the depositors and the bank and to ensure good governance.

The bank’s shareholder Md. has become a director in the new board. Nazrul Islam Swapan, Md. Nurul Amin, Anjan Kumar Saha and former executive director of Bangladesh Bank SM Rezaul Karim and chartered accountant Khandkar Mamun have been appointed as independent directors. Among the directors on the new board, three shareholders were previously directors of the bank.

NF/NH

You may also like

Leave a Comment