7 SIBL directors resign

Staff Correspondent | Update:

As many as seven Social Islami Bank Limited (SIBL) directors -- four independent directors and three shareholder directors -- resigned in a meeting of the bank's board of directors on Tuesday.

The four independent directors are Md Abdur Rahman, Abdul Mohit, AFM Asaduzzaman and Moinul Hasan, but the shareholder directors that resigned could not be named.

The meeting also appointed nine new directors, including seven independent directors and two shareholder directors, confirmed the bank's new chairman Anwarul Azim Arif.

He said they resigned on personal grounds.

On October 30, in a covert meeting held at the city’s Hotel Westin, the bank’s board named the bank's new chairman, managing director (MD) and executive committee chairman.

Former Chittagong University vice-chancellor Azim was named the new chairman of the bank, while Kazi Osman Ali, former additional managing director of First Security Islami Bank, was named the new managing director.

Belal Ahmed, vice chairman of NRB Global Bank, was named the chairman of the executive committee.

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