Government names new MDs for Janata, Agrani and BASIC banks

The Financial Institutions Division asked each bank's board to take the appointments forward under the Bank Company Act, 1991.

Written by

in

Business

The government has nominated three officials as managing director (MD) and chief executive officer (CEO) of BASIC Bank PLC, Janata Bank PLC and Agrani Bank PLC, on three-year contracts.

This was announced in separate notices on Monday (26 October) from the State-Owned Commercial Bank-1 branch of the Financial Institutions Division of the finance ministry, signed by deputy secretary Afroza Akter Riba.

The nominees are Md Nurul Huda, deputy managing director of Janata Bank, for BASIC Bank; Md Mahbub Alam, additional managing director and chief risk officer of Southeast Bank, for Janata Bank; and Nur Mohammad, deputy managing director of Jamuna Bank, for Agrani Bank.

The division’s letters say the government has consented to the nominees’ contractual appointment for three years from the date each joins their bank.

They also ask the board of directors of each bank to take the next steps on the appointments under the Bank Company Act, 1991.

বাংলায় মূল প্রতিবেদন পড়ুন · Read the original Bengali report

More in English

English edition