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Bangladesh: Govt Appoints 31 Directors - 7 State-Run Banks, Institutions
Source: thedailystar.net
Source Date: Friday, December 21, 2012
Country: Bangladesh
Created: Dec 25, 2012

The government yesterday appointed 31 directors of seven state-run banks and financial institutions.

A day before, the board of Bangladesh Bank advised the governor not to give his consent to selecting any incompetent person as a director of any state-run bank.

The Hasina administration picked directors for the public banks and financial institutions soon after coming to power in 2009. A year later, the central bank brought allegations that some of the directors are exerting their political muscles into the companies' affairs.

Recently, a mission from the International Monetary Fund visiting Dhaka advised the government to ensure that the directors of the banks satisfactorily pass the central bank's criteria.

Yesterday's appointment fills 21 out of 26 vacant posts of directors at Sonali, Agrani and Janata banks. However, 15 directorial posts of directors at the state-run banks and financial institutions are still vacant.

The Daily Star is yet to get details of some of the newly appointed directors.

Balaram Poddar, a former leader of pro-Awami League student body Bangladesh Chhatra League, had served as a Janata Bank director before the board's tenure expired last September. The government yesterday made him a director of Agrani Bank.

Zaid Bakht, research director of Bangladeshi Institute of Development Studies, was chosen as a Sonali Bank director.

Other new directors of the bank are Md Nazibor Rahman, a former director of Janata Bank, Shekhor Dutta, secretary of Moni-Singh-Farhad Memorial Trust, Selima Ahmad, vice-chairman of Nitol-Niloy Group of Industries, Md Mahbub Hossain, Kazi Tariqul Islam, Saheb Ali Mridha, all former joint secretaries, and Md Enamul Haque Chowdhury, a former managing director of Sonali Bank.

Nagibul Islam Dipu, a former director of Federation of Bangladesh Chambers of Commerce and Industry, ex-banker Ramoni Mohan Devnath, Syed Bazlul Karim, Prof Mohammad Moinuddin, an educationist, and Md Abu Naser hold the posts of Janata Bank directors.

Engineer Abdus Sabur, Niaz Rahim, group director of Rahimafrooz, Baloram Poddar, MA Rouf Sarder, an associate professor of ENT at Bangladesh Medical College Hospital, Begum Hasina Newaz, vice-president of Bangladesh Women Chamber of Commerce and Industry, became Agrani Bank directors.

Details of Shamim Ahsan, Md Altaf Hossain Molla and ABM Quamrul Islam could not be known immediately. The Banking and Financial Institution Division gave only their names and addresses in Dhaka.

Dewan Nurul Islam, Kazi Morshed Helal Kamal, advocate Md Abdus Salam from Manikganj, Rustam Ali Ahmed from Nilphamari, and Syed Eptar Hossain Pear from Sylhet were selected as directors of Bangladesh Development Bank.

AKM Rezaur Rahman and AKM Quamrul Islam, whose details were not available, got appointment at BASIC Bank.

Madan Mohan Dey and Md Ebayedur Rahman Pramanik, both professors of Rajshahi University, were appointed as directors of Rajshahi Krishi Unnayan Bank.

Mashiur Rahman Humayun from Dhaka was appointed as director Bangladesh Krishi Bank.
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