M Siddiqur Rahman has been transferred as deputy managing director of Sonali Bank, a banking division circular Tuesday said. Prior to his new assignment, Siddiqur was deputy managing director of Janata Bank.

Besides, Rupali Bank’s deputy managing director AK Asraf Uddin Khan was transferred as the DMD post of Janata Bank.

The Banking Division of the Finance Ministry Tuesday issued a circular regarding transfer of two DMDs.

Two DMDs of Sonali Bank Limited - Atiqur Rahman and Mainul Haq – were made officer-on-special duty (OSDs) on September 4 following the bank’s financial scandal in siphoning of around Tk 35.47 billion by the Hallmark Group. As a result, the posts of two DMD of Sonali bank were vacant for a month.

The managing director of the state-run bank last month requested the Banking Division Secretary Shafiqur Rahman Patwari to immediately appoint two DMDs.

News: The Daily Sun/Bangladesh/3rd-Oct-12