SBAC Bank MD resigns

Business Report :
Habibur Rahman, managing director and CEO of South Bangla Agriculture and Commerce (SBAC) Bank, has resigned from his post citing personal reasons.

A senior official of the fourth-generation bank confirmed the matter seeking anonymity.

Rahman submitted the resignation letter to the chairman of the bank through Company Secretary Md Mokaddess Ali on September 7.

Rahman joined the bank as the MD and CEO in December last year for a three-year term.