The resignation letters of the Social Islami Bank Ltd (SIBL) Chairman Md Mahbub ul Alam and Additional Managing Director Abu Reza Md Yeahia have been accepted by the bank’s board of directors.
Meanwhile, Vice-Chairman of the bank Belal Ahmed has been made the bank’s acting chairman. The decision was taken at a board of directors meeting on Tuesday, SIBL Managing Director (MD) Zafar Alam told the Business Post.
Md Mahbub ul Alam and Abu Reza Md Yeahia had resigned from their respective positions on Thursday. After submitting his resignation letter, Mahbub left the country, said the bank’s officials on condition of anonymity.
