BRAC Bank MD apologises for statement on central bank officials in letter to governor
Managing Director and CEO of BRAC Bank Selim RF Hossain has formally apologised for his statement about Bangladesh Bank officials made during a seminar organised by the Bangladesh Institute of Bank Management on 4 December.
In a letter sent to the Bangladesh Bank governor, he expressed regret and acknowledged that his remarks were impulsive and inappropriate, potentially causing offense to the central bank's officials.
"I sincerely apologise for the unintended and inappropriate comments I made about Bangladesh Bank officials during the seminar. Upon further reflection, I realise that my statements were rash and inconsiderate, which might have hurt or offended the officials. However, I had no such intention. It seems I failed to convey my thoughts accurately," he said in the statement.
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The BRAC Bank MD explained that his comments stemmed from frustration over the financial challenges faced by the banking sector before the political transition in August 2024 under the previous government. However, he admitted that these comments were neither appropriate nor reflective of his deep respect and appreciation for the dedication of Bangladesh Bank officials.
"I deeply regret any hurt or confusion caused by my comments and assure you that I will be more cautious in the future to avoid any repetition. I hope my sincere apology will be accepted, and we can continue our collaborative work with mutual respect and understanding," his statement concluded.
He acknowledged that his emotionally charged remarks fell short of professional standards and clarified that they were personal and made without adequate consideration. He expressed regret for any misunderstanding or harm caused by his words.
On 4 December, at an event organised by the Bangladesh Institute of Bank Management, Selim, in the presence of the central bank governor, alleged that some Bangladesh Bank officials were "blackmailing" commercial banks.
He also mentioned the alleged pressure exerted by central bank officials on appointments, transfers and promotions.
