The bank says the media reports on the board decisions on the fund, distribution of Iftar through the government, transfer of executives, and other issues were 'misleading'. Asked about the statement, Parvez told bdnews24.com later in the night that Managing Director Md Abdul Hamid Miah "was not accepting the board’s decisions following instructions by a group". After that meeting, Parvez and Shahidul said the board removed Md Mahboob Alam as the head of its human resource division. "This is utter falsification by the management," Parvez said about the statement. Parvez said the board decided in the meeting to make HR division head Mahboob OSD.

Source: bd News24 May 17, 2017 22:07 UTC