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New MDs appointed to Janata, Agrani and BASIC Banks

Published : Monday, 26 October, 2026 at 7:20 PM

Observer Online Report

Collected Photo

The government has appointed new managing directors (MDs) and chief executive officers (CEOs) to state-owned Janata, Agrani and BASIC banks.

According to separate notifications issued by the Financial Institutions Division of the Finance Ministry on Monday, Mahbub Alam has been appointed MD and CEO of Janata Bank for three years. He was previously an additional MD and chief risk officer at Southeast Bank.

Nurul Huda, deputy managing director of Janata Bank, has been appointed MD and CEO of BASIC Bank, while Jamuna Bank Deputy MD Nur Mohammad has been appointed head of Agrani Bank. Both will serve three-year terms from their respective joining dates.

In a separate order, the government also withdrew its earlier decision to cancel the remaining contractual tenure of Sonali Bank MD and CEO Md Shawkat Ali Khan, reversing the decision issued on October 19.

-AJM

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Editor : Iqbal Sobhan Chowdhury

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