The board of the state-owned Sonali Bank Ltd (SBL) has finally approved the appointment of Pradip Kumar Dutta as Managing Director (MD) for the next two years term.

Pradip, currently Managing Director of Rajshahi Krishi Unnayan Bank, is expected to join Sonali Bank on the next Sunday, an SBL official confirmed Wednesday.

The official said the board decision on appointment of the new MD has been sent to the Bangladesh Bank.

If the central bank approves the appointment, then Pradip will replace Humayun Kabir who had joined the SBL on 20th of May 2010.

Meanwhile, the finance minister is expected to sit with the BB governor and the banking division secretary today (Thursday) to discuss the appointment of SBL managing director and two other state-owned banks – Agrani and Rupali – as their contractual tenure is about to expire.

The Daily Sun/Bangladesh/ 14th June 2012