Former chairman of the Anti Corruption Commission (ACC) Muhammad Shahabuddin Chuppu is going to be an independent director of Islami Bank Bangladesh Limited.
IBBL board of directors named him at the board meeting on Wednesday, confirmed IBBL Chairman Arastoo Khan.
“As two of our independent directors have resigned, the board proposed Muhammad Shahabuddin Chuppu as an independent director,” he said.
Chuppu’s directorship will be confirmed after approval from the Bangladesh Securities and Exchange Commission (BSEC), said the chairman.
On May 25, two independent directors of IBBL resigned from the board of the bank after they were removed from their executive posts on the bank’s 34th annual general meeting on May 23.
The directors were IBBL’s former vice-chairman Syed Ahsanul Alam Parvez and removed chairman of the bank’s risk management committee Md Abdul Mabud.