Bangladesh Bank has dissolved the board of directors of Export Import Bank of Bangladesh PLC or Exim Bank listed in the capital market. At the same time, a new board of directors has been formed by appointing 5 directors including two new independent directors.

Last Thursday (August 29) the board was canceled by an order of Bangladesh Bank. A new independent director has been appointed in the same order. According to sources, the five appointed

directors are Exim Bank’s shareholders. Nazrul Islam Swapan, shareholder. Nurul Amin, shareholder Anjan Kumar Saha, former executive director of Bangladesh Bank SM Rezaul Karim and chartered accountant Khandaker Mamun. Among them, Nazrul Islam Swapan was elected as the chairman of the board of directors.

Through the formation of the new board, the long-time chairman. Nazrul Islam Majumder and his wife Nachreen Islam have been removed. During the previous government, he held the post of chairman of BAB, the association of bank entrepreneurs, for a long time.

sources-DSEPLC