New National Bank board forms 3 committees

Business Desk :
Three committees in the board of graft-ridden National Bank were formed, a week after the central bank reconstituted the governing body to help the country’s first private sector lender make a comeback.
On December 21, the Bangladesh Bank reconstituted the board to protect the interest of depositors and ensure good governance following a recommendation from the Bangladesh Securities and Exchange Commission.
The new committees comprising the board directors were appointed at the 491st meeting of the board yesterday, according to a press release on Friday.
Parveen Haque Sikder, a director of National Bank, became the chairperson of the executive committee, and Moazzam Hossain, a sponsor shareholder and director, was made chairman of the risk management committee.
Md Serajul Islam, a former executive director of the Bangladesh Bank, and an independent director of NBL, became the chairman of the audit committee.