Dhaka:Bangladesh Bank (BB) has appointed three independent directors to the board of directors of The Premier Bank PLC.
According to Bangladesh Sangbad Sangstha, the newly appointed independent directors are Brigadier General Md. Jahedur Rahman, ndc, psc (Retd), Mohammad Mosharraf Hossain, and Md. Masudur Rahman Shah. These appointments were made under the authority granted by Sections 45 and 47(3) of the Bank Company Act, 1991.
Mohammad Mosharraf Hossain is currently serving as an independent director on the board of United Commercial Bank PLC. Bangladesh Bank has directed The Premier Bank PLC to ensure that he resigns from the board of United Commercial Bank PLC before joining the board of The Premier Bank PLC, in accordance with Section 23(1)(a) of the Bank Company Act, 1991. The central bank has also requested Premier Bank to inform them once his resignation from the UCB board is confirmed.