MA Sabur, sponsor director and former chairman of United Commercial Bank Limited (UCB) has been elected as the Chairman of Executive Committee of the Bank.

The decision on his appointment was made unanimously at the 312th meeting of the Board of Directors of the bank in the city yesterday, says a press release.

Sabur, born in January 2, 1948 is the founder managing director of Maxim Limited which includes three garment units, two towel and linen industries and two textile spinning industries.

Son of late Alhaj Rahan Ali of Kanchan of Narayangonj, Sabur is also the chairman of Masco Group and director of Janata Insurance Co Ltd.

Sabur is a reputed philanthropist and actively associated with many educational and socio-cultural organisations of Chittag- ong and Dhaka.

News: Daily Sun / Bangladesh/ Feb-02-2011