The government has promoted 12 general managers (GMs) to deputy managing directors and appointed them to different state-owned banks and financial institutions with a view to bringing dynamism to the banking sector.
The newly promoted deputy managing directors (DMDs) were holding positions as general managers at different state banks.
The Ministry of Finance issued the promotion order through a circular issued on Tuesday, directing the bank authorities concerned to make these promotions effective immediately.
"The newly promoted DMDs will hold the posts till further notice," said the circular signed by the ministry's Deputy Secretary Md Matiur Rahman.
According to the circular, Abdul Majid Sheikh, GM of Rupali Bank has been appointed as DMD to Rupali Bank followed by Syed Ashraf Ul Alam from Sonali Bank to Sonali Bank, Bishnu Pada Chowdhury from Rupali Bank to Rupali Bank, Md Foroz Ali of Janata Bank to Janata Bank, Tazrina Ferdousi of Agrani Bank to Bangladesh Krishi Bank, Md Nuruzzaman of Rupali Bnak to Bangladesh Krishi Bank, AKM Hamidur Rahman of Bangladesh Development Bank to Bangladesh Development Bank, Kazi Alamgir of Agrani Bank to Karmasangsthan Bank, Pankaj Roy Chowdhury of Agrani Bnak to Bangladesh Development Bank, Md Yusuf Ali of Agrani Bank to Sonali Bnak, Md Showkat Osman from Agrani Bank to Sonali Bank and Md Mosaddek Ul Alam of Janata Bank to the Investment Corporation of Bangladesh.