Dhaka, June 7 -- The Islami Bank Sachetan Grahak Forum (Islami Bank Conscious Customers' Forum) on Sunday issued a 24-hour ultimatum demanding the resignation of bank's newly appointed Chairman Khurshid Alam, labelling him an associate of the ousted fascist" Awami League regime and controversial S Alam Group.

The forum also called upon all officials and employees of Islami Bank Bangladesh PLC to observe a two-hour pen-down strike on Monday - from 10:00am to 12:00pm - in solidarity with its demand.

Prof Nur Nabi Manik, president of the forum, made the announcement while presiding over a rally held in front of the Islami Bank Tower in the capital's Motijheel area, following a protest march.

"Khurshid Alam, an associate of the fascist Awa...