MA Rouf, a sponsor director of Mutual Trust Bank and chairman of Britania Group, has been elected as the chairman of the bank and three of its subsidiaries.

 The bank also elected Md Hedayetullah, a director of FB Footwear, as its vice chairman, according to the statement.

The election took place at the 189th board meeting of the bank, at MTB Centre in Dhaka on Wednesday.

Rouf earlier served the bank as vice chairman, the bank said in a statement yesterday. He is also chairman of Balaka Group, UK, Balaka Bangladeshi Food, and Diamond properties in the UK and a director of Tiger Tours.

Rouf has also been the regional president of Bangladesh British Chamber of Commerce in the UK for Scotland for the last 15 years. Hedayetullah is the current chairman of Headyetullah Securities and a director of Apex Tannery, and Apex Property Development.

He is also managing director of BW International, a joint venture PU outsole factory with China, and RYT Joint Co, a joint venture outsole factory with Japan, the bank said in the statement.