Additional Secretary Dr Mohammad Abu Yusuf of Finance Division, which operates under the Ministry of Finance, is set to become a director at the Sonali Bank PLC board, as a replacement to withdrawn National Board of Revenue (NBR) member and ex-director Matiur Rahman.
A Financial Institutions Division (FID) circular issued Wednesday further directs Sonali Bank to begin the process of appointing Dr Yusuf as a director in the bank’s board for three-year tenure under the Bank Company Act 1991, and get permission from the central bank in this regard.
The release also asked the bank to notify the FID of the date Dr Yusuf is joining the Sonali Bank board.
Matiur Rahman, who was involved in much discussion during Eid-ul-Azha over his son Rifat's purchase of the most expensive goat in the country, was removed from the director post of the state-owned bank last Monday.
The board meeting of the bank was held on Sunday without Matiur Rahman.
In February 2022, the government appointed Matiur Rahman as the director of Sonali Bank for three years.
Earlier, Matiur Rahman was removed from the current charge (Member) of the National Board of Revenue (NBR). He was transferred to the Internal Revenue Department (IRD) from the post of Chairman of the Customs, Excise, and VAT Appellate Tribunal of NBR.
Discussions started after Matiur Rahman's son bought a goat worth Tk 15 lakh from an agro farm in the capital before the Eid-ul-Azha. After that, information about Matiur Rahman's wealth came out one after another.
