BB dissolves Exim Bank board, forms new board

The Bangladesh Bank (BB) has dissolved the board of directors of the Export Import Bank of Bangladesh PLC.

A press release was issued in this regard on Thursday.

The central bank also formed a new board with five members, it added.

Former executive director of Bangladesh Bank SM Rezaul Karim and chartered accountant Khandaker Mamun were made board members.

They have been appointed as the bank’s independent directors.

The other board members – Md Nazrul Islam Shopon (holds 3.54% share of the bank), Md Nurul Amin (2%) and  Anjan Kumar Saha (2%).