Prof M Zubaidur Rahman, chairman of the private-sector lender Islami Bank Bangladesh PLC, has resigned amid growing pressure and protests within the bank.
Sources at the bank and Bangladesh Bank said Zubaidur Rahman submitted his resignation letter to the central bank governor on Sunday.
The Bangladesh Bank had appointed him as an independent director of Islami Bank in July 2025.
Following his appointment, he was elected chairman of the bank and had been serving in the role since then. At the time, economist Ahsan H Mansur was serving as governor of the central bank.
FP/MI
