December 21, 2012

By: Hasan Akon:

After many talks and criticism the government of Bangladesh has appointed 31 members of the Board of Directors for state run commercial banks and
four specialised banks for three years period. On Thursday night at 8 pm, Banks and financial institutions division of the Ministry of Finance
issued more than one notification to appoint at least 31 appointed directors for Sonali Bank Ltd, Janata Bank Ltd, Agrani Bank Ltd, BASIC Bank,
Bangladesh Development Bank Ltd, Bangladesh Krishi Bank (BKB) and Rajshahi Krishi Unnayan Bank (RAKUB).

The new members are former government officials, politicians, economists and business leaders, as well as the former student leaders of Awami
league’s student front. After the Sonali Bank’s Hallmark Scandal, there was widespread criticism of the government to appoint the Directors for
their political alliance. The new appointments can be seen as before, we don’t want to learn from past. The International Monetary Fund (IMF)
also insisted on complying with ‘Fit and Proper Test’ before appointing the directors. As soon we realise and act, it would be better for our
nation. Poor fate for Bangladeshi people!