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Islami Bank’s board of directors has placed its Managing Director, Md. Omar Faruk Khan, on one and a half months of leave effective from April 13, 2026. According to bank sources, the decision will take effect from tomorrow. Khan had originally applied for a 15-day leave starting April 28, but the board extended the duration and adjusted the dates to run from April 13 to May 31.
The bank’s chairman, Dr. M. Zubaidur Rahman, could not be reached for comment despite multiple attempts by reporters. Omar Faruk Khan was appointed as the Managing Director of Islami Bank in August of the previous year.
No official explanation for the extended leave has been provided by the bank, and it remains unclear whether an acting managing director has been appointed during Khan’s absence.
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