Farmers Bank

Muhiuddin resigns as Farmers Bank chairman

MNA Business Desk: Ruling Bangladesh Awami League (AL) MP Muhiuddin Khan Alamgir has resigned as the chairman of The Farmers Bank Limited.

The bank’s audit committee chairman and bank’s director Mahabubul Huq Chishti has also left his position.

The bank made the decisions at a special meeting on Monday. The meeting also appointed a new chairman besides forming new executive committee, audit committee and risk management committee.

On Sunday night, the Bangladesh Bank had asked the bank to show reasons why its managing director AKM Shamim will not be removed from his post.

Bangladesh Bank executive director and spokesperson Shuvankar Saha has confirmed the changes. The BB also requested everyone concerned to continue their support towards the Farmers Bank.

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