, Aug. 17 -- up of the country's banking sector, Bangladesh Bank has demonstrated its firm resolve to establish good governance, with a dozen managing directors (MDs) stepping down from their posts over the past year.

The latest to resign is Sheikh Mohammad Maruf of Dhaka Bank, who quit less than a year after taking the helm. He submitted his resignation last Thursday, citing growing internal pressure following the recent change in government.

Sources at the bank said that several former and current board members became highly active, creating internal turmoil. Maruf joined Dhaka Bank in October 2023, after serving as an Additional MD at City Bank. He could not be reached for comment.

Dhaka Bank Chairman Abdul Hai Sarker confirmed the ...