BB appoints observers to four more banks
The central bank sent letters to the appointed observers today.
Bangladesh Bank has appointed observers to four more private sector banks – National Bank Limited, Premier Bank Limited, IFIC Bank Limited, and Al-Arafah Islami Bank Limited.
The central bank sent letters to the appointed observers today (9 March), officials familiar with the matter told The Business Standard.
Munir Ahmed Chowdhury, director of the Bank Supervision Department-12, has been appointed observer at National Bank.
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Mohammad Anisur Rahman, director of the Islamic Banking Regulation and Policy Department, has been assigned to Al-Arafah Islami Bank.
Meanwhile, ANM Moinul Kabir, director of the Payment Systems Department, has been appointed observer at Premier Bank, while AKM Kamruzzaman, director of the Forex Reserve and Treasury Management Department-1, will serve as observer at IFIC Bank.
The officials are expected to attend meetings of the banks' board of directors, executive committees, and risk management committees, sources said.
