Nine GMs of state-owned banks yet to join new workplaces in over a yearNine general managers of four state-owned bank have not joined their new workplaces in 13 months, refusing to follow the government’s transfer orders. Besides Sonali, Agrani, Janata, Rupali, BDBL and BASIC, Bangladesh has 11 specialised state-owned banks and financial institutions, including Bangladesh Krishi Bank, Rajshahi Krishi Unnayan Bank, Ansar-VDP Unnayan Bank, Employment and Expatriates’ Welfare Bank. The Financial Institutions Division in an order on Dec 9, 2019 transferred the nine officials from state-owned commercial banks to the specialised banks. As they did not join their new workplaces, the implementation of the government’s coronavirus stimulus package was hampered at the specialised banks, especially the Krishi Bank. Rupali Bank’s Managing Director Obayed Ullah Al Masud could not be reached for comments.

Source: bd News24 January 11, 2021 10:52 UTC