The government has formed a committee to appoint board of directors of state-owned banks and financial institutions to ensure transparency in their functions.
A four-member committee has been formed in this regard headed by the Bangladesh Bank governor.
The other members of the committee are the Senior Secretary / Secretary of the Prime Minister's Office, the Senior Secretary / Secretary of the Ministry of Finance and the Senior Secretary / Secretary of the Financial Institutions Division.
The member secretary of the committee will be the senior secretary or secretary of the financial institution division.
Finance Minister AHM Mustafa Kamal is currently in the United Kingdom and before going abroad, he directed the senior secretary of the Banking Division Md Asadul Islam to form the body.
An official of banking division on condition of anonymity said, so far there has been no obligation to follow any rules in appointing directors to the board of directors. Individuals involved in the financial sector should be given priority in this case. But in most cases, people who have no idea about the banking sector are being appointed as directors, he said.
