Badiur Rahman has been elected chairman of the board of directors of Al-Arafah Islami Bank PLC, while Selim Rahman has been chosen as chairman of the bank’s executive committee. The decisions were made unanimously at the bank’s 464th emergency board meeting held on Thursday.

Badiur Rahman, one of the founding directors of the bank, previously served as chairman from 2008 to 2016, during which the bank achieved notable growth. He is also a director of several business and social organizations, including AIBL Capital Market Services Limited, Central Hospital Limited, and Hardco International School. Upon assuming his new role, he noted that the appointment comes at a challenging time, as Bangladesh Bank has again appointed an observer to the institution, and he expressed hope for renewed progress with collective effort.

Selim Rahman, the newly elected executive committee chairman, is the managing director of KDS Group and has previously served two terms as chairman of Al-Arafah Islami Bank in 2021 and 2024. He is also the first vice president of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA).