No Islami Bank staffer to lose job save offender: New chair

Staff Correspondent | Update:

Arastoo KhanNewly appointed chairman of Islami Bank Bangladesh Ltd Arastoo Khan said on Sunday that none of the employees of the bank will lose their job unless there is “specific allegation” against them.

Talking to newsmen on the first day of his office, said the principal objective of the country’s pioneer Shariah-based bank will remain unchanged and it will be run based on Shariah.

Arastoo Khan also said the bank will expand its network of investment in safe and welfare-oriented sectors.

“Some changes have been made to its top positions, but the employees of the bank remain safe. None will lose their job unless they commit specific offenses,” said the chairman.

After the bank underwent abrupt, major changes in its three top positions -- chairman, vice chairman and managing director -- on Thursday, a huge contingent of law enforcers including the ones in plainclothes were seen around the bank’s headquarters in the capital’s Dilkusha area.

The massive reshuffling in Islami Bank's top positions on Thursday was aimed at freeing the Shariah-based bank from what persons concerned claimed as clutch of Jamaat-e-Islami men.

Arastoo Khan, a former bureaucrat who was chairman of Commerce Bank, was made chairman after new directors were inducted into the bank's board of directors through formation of new companies in recent times.
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