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Bangladesh Bank has permitted Islami Bank to conduct a board meeting online, despite its own 2024 directive that prohibited virtual meetings for all banks. The meeting was called to introduce the bank’s newly appointed chairman, Khurshid Alam, who replaced M. Zubaidur Rahman after Rahman resigned on the central bank’s advice. However, the meeting could not take place due to protests by depositors under the Islami Bank Customer Forum, who gathered at the bank’s head office demanding the chairman’s removal and the return of allegedly laundered funds.

According to the report, police officers were seen urging the bank’s managing director to proceed with the online meeting, while protesters demonstrated outside his office. The Bangladesh Bank spokesperson stated that a political party was interfering in the bank’s affairs and warned that no political influence would be tolerated in banking decisions.

As of the report’s publication, protests continued outside Islami Bank’s headquarters, and the customer forum announced plans for human chains in front of all branches nationwide the following day.

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