Bangladesh Bank dissolves Commerce Bank board, appoints new chairman
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BB dissolves Commerce Bank board, appoints new chairman
FE ONLINE REPORT
Bangladesh Bank (BB) has dissolved the board of Bangladesh Commerce Bank Limited and reconstituted it, appointing Md Ataur Rahman, former Executive Director of the BB, as chairman of the new board.
The central bank on Tuesday announced the dissolution and reconstitution of the bank, saying that it was intended to protect the depositors and the bank as a whole.
The other independent directors on the five-member board are former Additional Managing Director of Meghna Bank Md Mohsin Miah, Joint Secretary at Financial Institution Division under the Ministry of Finance Kamrul Haque Maruf, Deputy Managing Director Md Golam Mortuza and Chartered Accountant Sheikh Ashrafuzzaman, FCA.