Professor Dr. Zubaidur Rahman has resigned as chairman of Islami Bank. On Sunday, he submitted his resignation to the bank’s board of directors and later to the governor of Bangladesh Bank, according to information from both the central bank and Islami Bank sources.

Following the fall of the Awami League government after a student and public uprising, Bangladesh Bank dissolved the Islami Bank board. The central bank then appointed Obaid Ullah Al Masud as an independent director, who later became chairman. After Masud’s resignation in July last year, Zubaidur Rahman joined the board as an independent director and took over as chairman. He has now stepped down after ten months in the role.

Zubaidur Rahman began his career in 1975 as a lecturer in finance at the University of Dhaka and later earned a PhD in finance from the University of Manchester. He has held academic and advisory positions in several international institutions and is the founding vice chancellor of ZNRF University of Management Sciences in Dhaka.