Dhaka, Bangladesh (BBN) – The government may appoint senior banker Alauddin A Majid as chairman of the BASIC Bank Limited, a high place source told BBN on Sunday.

Talking to reporters at the secretariat on Saturday, Finance Minister AMA Muhith said the Bank and Financial Institutions Division of the Finance Ministry will appoint a new chairman for the BASIC Bank on Sunday. He wouldn’t name his name.

Currently, Mr. Majid is serving as chairman of the Bangladesh Krishi Bank (BKB). Prior to the position, he was a director of the board of the same bank. He was previously managing director of the state-owned specialised bank.

Besides, Mr. Majid was also managing director of BASIC Bank Limited. He started his banking career in the BKB.

He obtained his Bachelor Degree from the American University of Beirut and Masters Degree from the University of Sydney. Mr Majid took higher training on different fields of banking at home and abroad. He hails from Aricha village under Shibalaya Upazila of Manikganj.

BBN/SSR/AD-06July14-11:56 am (BST)