Private-bank seniors being hired to fill public banks' MD posts
Bangladesh, Oct. 21 -- A plan is under active consideration of the government to appoint private commercial banks' senior executives as managing directors in state-owned commercial banks in a management reshuffle.
Meanwhile, the top executive posts in some public banks lay vacant following marching orders for the incumbents, ostensibly as the banks facing various problems.
The move comes after the Ministry of Finance opened the scope for appointing executives from outside the state-owned banks under a recently issued policy, sources have said.
According to the sources, the financial institutions division (FID) under the ministry of finance is busy making a list of potential candidates to be placed to the special committee led by the f...
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