Dhaka, March 2 -- Mohammad Muslim Chowdhury, the chairman of the state-owned Sonali Bank, has stepped down from his position.

He submitted his resignation to the Financial Institutions Division of the Ministry of Finance on Monday.

Speaking to bdnews24.com, Muslim said: "I have tried to steer the bank toward a stronger position. Having achieved significant success, Sonali Bank is now seeing profits. I expect the next leadership to maintain this momentum."

The former comptroller and auditor general noted that he had been considering resignation since the formation of the current government.

"Considering the overall situation, I felt this was the right time to step down," he added.

Muslim was appointed as the chairman of the country's ...