Business Report :
The current board and the post of CEO in Nagad abolished with the appointment of an administrator in the mobile financial service (MFS) provider, said Badiuzzaman Dider, the newly-appointed administrator of Nagad.
Didar shared the information at a press conference on the first day in office at Nagad headquarters in the capital on Thursday.
Nagad, without any MFS licence, is running under the postal department with the approval of the Bangladesh Bank, he said.
Didar said he will help Nagad get MFS licence in the next one year.
“Nagad will do business as it has been doing in the past years. It will only see structural changes and no one will lose job for this change,” he said.