Restoring depositor confidence tops agenda at Islami Bank, says Zahir Hussain
Dhaka, June 15 -- Mohammad Zahir Hussain, the Bangladesh Bank executive director tasked with overseeing Islami Bank, has said restoring customer confidence is his top priority.
During his maiden visit to Islami Bank headquarters on Monday after his appointment, Zahir clarified that his focus would remain confined to routine operational duties.
"Our priority is to restore customers' confidence. We want to bring the bank back to its previous standing," he said.
The central bank dissolved Islami Bank's entire board on Sunday night amid turmoil over the appointment of a chairman, placing Zahir in charge of all board powers and responsibilities.
Bangladesh Bank said the decision was taken in the "interest of depositors and the public".
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