He said the bank decided to extend his term for another three years in a board meeting in September. I would have left earlier had I not been taken ill,” Rahel said“There is no scope of a misunderstanding with Rahel,” said Tanzil Chowdhury, chairman of Prime Bank. Deputy Managing Director Faisal Rahman will stand in as managing director until the bank appoints a new chief executive. Rahel had earlier worked at the ANZ Grindlays and Standard Chartered Bank for more than a decade. He had been in charge of the Islamic banking wing of First Gulf bank and the largest regional bank Emirates NBD Banking Group in Dubai for seven years.

Source: bd News24 December 09, 2020 16:41 UTC