Dhaka, Bangladesh (BBN)- The 29th Annual General Meeting of City Bank was held on Sunday at Bashundhara Convention Center in the capital Dhaka.
Rubel Aziz, the new Chairman of the bank presided over the meeting.
The shareholders unanimously approved 25percent stock dividend as recommended by the board of directors, the private commercial bank said.
The shareholders asked a number of questions regarding the performance and the direction of the bank, which the Chairman explained and gave answers to. It may be mentioned here that Rubel Aziz has been elected as the bank's Chairman only recently.
He is also the Chairman of Janata Insurance Company Limited, MD of Partex Beverage and Chairman, Executive Committee of IDLC Finance Ltd. He was also the elected President of Gulshan Club for two consecutive terms.
Also present at the AGM were directors Aziz Al Kaiser, Deen Mohammad, Hossain Mehmood, Hossain Khaled, Rajibul Huq Chowdhury, Rafiqul Islam Khan, Mobarak Ali, Aziz Al Mahmood and Managing Director & CEO K Mahmood Sattar and senior executives of the bank. A large number of shareholders attended the meeting.
BBN/SSR/AD-08May12-8:20 am (BST)
