Islami Bank chairman Obayed Ullah resigns

Published : Thursday, 17 July, 2025 at 3:42 PM Count : 821

Observer Online Report

Md Obayed Ullah Al Masud has resigned as the chairman of Islami Bank Bangladesh PLC.

He submitted the resignation letter to the bank's board of directors on Thursday, the bank sources have confirmed.

The development comes three days after the BFIU on July 14 sought bank account details of Masud and his family members. Since then, he has been absent from the bank and also missed the Islami Bank Foundation Committee meeting on Tuesday.

Obayed Ullah previously served as managing director of Sonali Bank from 2016 to 2019 and before that, as MD of Rupali Bank from 2012 to 2016. He took over the chairmanship of Islami Bank after an extended retirement following his tenure at Sonali Bank.

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