Hafiz Ibrahim loses Rupali Bank directorship
Star Business Report
The central bank has declared the directorship of Hafiz Ibrahim on the board of Rupali Bank Limited vacant.In a letter, dated April 28, to the chairman of the Board of Directors of the bank, the central bank explained that the re-election of Ibrahim as the bank's director for the third time is not legal as per the Bank Company Act, 1991. The board can appoint a person eligible for the directorship in the vacant post temporarily until the next annual general meeting is held, the Bangladesh Bank also mentioned in the letter.
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