The Bangladesh Bank on Monday appointed observers in the Islami Bank Bangladesh Ltd (IBBL) and First Security Islami Bank Limited (FSIBL).
Senior officials of the central bank told The Business Post that the regulator has issued two separate letters in this regard.
The Bangladesh Bank appointed Abul Kalam, director of the Forex Reserve and Treasury Management Department, as an observer in IBBL. Meanwhile, Motasem Billah, director of the Payment System Department has been appointed as an observer in FSIBL.
