Dhaka, Bangladesh (BBN)- AHM Habibur Rahman has stepped down from the post of chairman of Sonali Bank Limited citing ‘personal ground’ although his tenure was till December 26.
“I have submitted the resignation letter to the Bank and Financial Institutions Division of the Ministry of Finance on Sunday,” Mr. Rahman told BBN in Dhaka on Monday.
He had tried to improve the overall financial health of the state-owned bank during his tenure, Mr. Rahman said. “Recovery of non-performing loans has already been increased.”
Mr. Rahman, a former Dean of Dhaka University’s Business Faculty, took the charge as chairman of the largest state-owned commercial bank on December 27, 2012.
He took retirement from the DU in 2000 and joined Prime Asia University as the dean of Business Faculty of the private university before taking over the charges at the state owned bank.