The government on Tuesday removed Janata Bank Chairman Dr Jamal Uddin Ahmed and replaced him with Dr SM Mahfuzur Rahman.
The Financial Institutions Division under the finance ministry announced the changes through a gazette.
A circular, signed by Jahid Hossain, Deputy Secretary of the Division, said Mahfuzur Rahman would carry out his responsibilities as chairman of Janata Bank for three years from the date of his joining.
Jamal Uddin, general secretary of the Bangladesh Economics Association, joined Janata Bank as chairman on August 26, 2019. He was appointed for three years.
Dr SM Mahfuzur Rahman is former chairman of the Department of Banking at the University of Dhaka. He has also served as chairman of the Investment Corporation of Bangladesh.