Padma Bank Chairman Chowdhury Nafeez Sarafat steps down

The Report Desk

Published: January 31, 2024, 06:35 PM

Padma Bank Chairman Chowdhury Nafeez Sarafat steps down

Photo: Collected

Padma Bank Chairman Chowdhury Nafeez Sarafat has resigned due to medical issues.

Bangladesh Bank today accepted his resignation letter.

Md Mezbaul Haque,  Bangladesh Bank spokesperson, issued the announcement following a meeting of bankers at the central bank‍‍`s headquarters in Dhaka today.

Md Afzal Karim, managing director of Sonali Bank, will operate as Padma Bank‍‍`s acting chairman until a new chairman is selected, said Haque. 

Sarafat got the chairmanship of Padma Bank, formerly Farmers Bank, in January 2018.

Muhiuddin Khan Alamgir, the bank‍‍`s chairman before Sarafat, resigned from the board due to allegations of involvement in financial scams.

Link copied!