BASIC Bank appoints two new directors
Mr Sheikh Farid (JDS Scholar), Joint Secretary of the Financial Institutions Division (FID), Ministry of Finance, and Mr Matiur Rahman, FCA, FCMA, Professional Accountant, have officially joined the Board of Directors of state-owned BASIC Bank Limited.
They participated in the 678th meeting of the Board, held on April 30, 2025.
On behalf of the Board, Mr. Helal Ahmed Chowdhury, Chairman of the Board of Directors, welcomed the newly appointed Directors with floral greetings. Among others, Mr Md. M. Latif Bhuiyan and Mr. Md. Rafiqul Islam, Directors of the Board; Mr Quamruzzaman, Managing Director and CEO of BASIC Bank; Mr Abu Md Mofazzal and Mr Rafiqul Islam, Deputy Managing Directors; and Mr Hasan Imam, General Manager and Company Secretary of BASIC Bank were also present on the occasion.
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Recently, the Financial Institutions Division of the Ministry of Finance issued a gazette notification regarding their appointment as the Director of BASIC Bank Limited for three (03) years.
It's worth mentioning that the BASIC Bank, after all its challenges, has been showing signs of improvement. So far, it has maintained its liquidity independently without external support.
