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dual-governance

Administrators withdrawn from Union and Global Islami banks
Administrators withdrawn from Union and Global Islami banks
Bangladesh Bank no longer has administrators at any of the five banks being merged. Most recently, the administrators of Union Bank PLC, Mohammad Abul Hashem, and Global Islami Bank, Md. Mokhsuduzzaman, were also withdrawn on Thursday. Bangladesh Bank spokesperson Arif Hossain Khan confirmed the information on the day. Bangladesh Bank officials said that keeping administrator teams at the same banks after appointing new managing directors, chairmen and independent boards of directors was...
Money•13 August 2026