39th AGM of AB Bank held
The 39th annual general meeting (AGM) of AB Bank Limited was held virtually on Thursday.
The Meeting unanimously approved 5% Stock Dividend for the year ended 2020, read an AB Bank press release.
Net asset value (NAV) of the Bank stood at Tk.2,448 crore and total sssets stood at Tk.38,576 crore in 2020 which registered 5.52% growth over last year.
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AGM also adopted directors' report, audited financial statements and re-elected Feroz Ahmed, Khairul Alam Choudhury and Md Maqsudul Huq Khan as Directors. Shareholders approved appointment of Shafiqul Alam as Independent Director.
Shareholders also appointed ACNABIN, Chartered Accountants as Statutory Auditor and M/s SF Ahmed & Co, Chartered Accountants as Corporate Governance Compliance Auditor of the Bank for the year 2021, the release said.
Chairman of the Board Mr. Muhammad A (Rumee) Ali; President and Managing Director Tarique Afzal; directors of the board and a good number of shareholders attended the AGM.
