The government has appointed Helal Ahmed Chowdhury as chairman of BASIC Bank Limited for the next three years. A notification, signed by Afsana Bilkis, deputy secretary of the Financial Institutions Division (FID), a wing of the Ministry of Finance, issued an office order in this regard on October 31, which the ministry disclosed today.
According to the notification, Helal Ahmed Chowdhury has been asked to take necessary actions including obtaining the approval of Bangladesh Bank as per the provisions of the Bank Companies Act 1991. His appointment as a director and chairman of the board of directors of BASIC Bank will be effective from the date of his joining.
Earlier on October 9, through the notification of the FID, BASIC Bank Chairman Professor Dr. Abul Hashem was removed by the government. Helal, an independent director of Bank Asia Limited, is a veteran banker with more than four and a half decades of banking experience.
Messenger/EHM
