Photo: Bonik Barta Bangladesh Bank has dissolved the boards of directors of
three private sector banks and formed new boards for them. The affected banks
are United Commercial Bank (UCB), Union Bank, and Global Islami Bank. Governor
Dr. Ahsan H Mansur announced the dissolution of the boards of these three banks
in an order.
Union Bank and Global Islami Bank have been assigned five
independent directors each. Additionally, the central bank has appointed United
Commercial Bank (UCB) two shareholder directors and three independent
directors. The new Chairman of Union Bank is senior banker Md. Farid Uddin
Ahmed was formerly the Managing Director of Islami Bank Bangladesh PLC. Other
directors of the bank include the former Executive Director of Bangladesh Bank,
Md. Humayun Kabir, former DMD of Rajshahi Krishi Unnayan Bank Muhammad Saiful
Alam, Professor Dr. Shahidul Islam Zahid from the Banking and Insurance
Department at Dhaka University, and professional accountant Sheikh Zahidul
Islam.
Mohammad Nurul Amin has been appointed as the new
chairman of Global Islami Bank. He is a former chairman of the Association of
Bankers Bangladesh (ABB) and has previously served as the Managing Director
(MD) of NCC and Meghna Banks. The other members of the bank's five-member board
are Mohammad Jamal Molla, a former Executive Director of Bangladesh Bank; Nurul
Islam Khalifa, a former Deputy Managing Director (DMD) of Islami Bank;
Professor Abu Hena Reza Hasan from the International Business Department at Dhaka
University; and professional accountant Mohammad Mahmud Hossain.
On the United Commercial Bank (UCB) board, shareholder
Sharif Zahir and Mohammad Tanvir Khan have been appointed. Sharif Zahir is the
Managing Director of Ananta Group in the apparel sector and is the son of the
bank's former chairman, Humayun Zahir. Humayun Zahir was murdered on April 8,
1993. In the murder case filed for this incident, the main accused was the late
Awami League leader Akhtaruzzaman Chowdhury Babu.
Mohammad Tanvir Khan is a director of Eastland Insurance
and the Managing Director of JK Group of Industries. The three independent
directors appointed to the UCB board are Mohammad Sajjad Hossain, a former
Executive Director of Bangladesh Bank; Mohammad Yusuf Ali, a former Deputy
Managing Director (DMD) of Agrani Bank; and professional accountant Obaidur
Rahman.
Following the fall of Sheikh Hasina's government, several
private banks in the country have undergone board changes. Among these,
Al-Arafah Islami Bank and Standard Bank have independently changed the chairman
position. Meanwhile, Bangladesh Bank has already dissolved the boards of Islami
Bank Bangladesh PLC, National Bank, and Social Islami Bank and appointed new
boards for these institutions.
