Dhaka, June 8 -- Kazi Shairul Hassan has been appointed new chairman while Abedur Rahman Sikder new managing director (MD) of Sammilito Islami Bank PLC, which was formed through the merger of five troubled Islami banks.

The Financial Institutions Division (FID) of the Ministry of Finance announced the leadership changes through two separate notifications issued on Monday.

According to the government orders, both the chairman and MD have been appointed for a three-year term, effective from their respective dates of joining.

Chairman of Sammilito Islami Bank Mohammad Ayub Mia resigns

Shairul Hassan earlier served as managing director of Saudi Bangladesh Industrial and Agricultural Investment Company (SABINCO), while Abedur Rahman is the...