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BB agrees with 7-pt demand over Islami Bank

Staff Reporter:

Bangladesh Bank (BB) Governor Md Mostaqur Rahman has agreed in principle with the seven-point demand put forward by the Islami Bank Sachetan Grahak Forum to restore corporate governance in Is-lami Bank Bangladesh PLC, the platform said on Wednesday.
It said central bank Deputy Governor Kabir Ahmed conveyed this to the forum leaders during a meeting at the central bank headquarters.
Speaking to journalists after the meeting, the convener of the forum Prof Nur Nabi Manik said the gov-ernor took the matter positively.
He said the deputy governor told them that the central bank chief agreed in principle with their demands.
The forum chief reiterated their core position, emphasising that individuals tainted by financial irregular-ities, loan scams, or institutional plunder must be permanently barred from occupying positions on the board of directors or holding the post of chairman at Islami Bank.

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