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Sammilito Islami Bank chairman Ayub Miah resigns

FE REPORT | March 17, 2026 00:00:00


Mohammad Ayub Miah has resigned as chairman of the board of the state-owned Sammilito Islami Bank, citing personal reasons.

He submitted his resignation letter to the Ministry of Finance on Monday, he confirmed to The Financial Express.

"I have submitted my resignation letter to the Ministry of Finance this morning. I have also sent another copy of the resignation letter to the Bangladesh Bank governor," Mr. Ayub Miah said.

He said the reason for stepping down from the position was on personal grounds.

During the interim government, Bangladesh Bank approved the appointment of the former senior secretary Dr Mohammad Ayub Miah as chairman of Sammilito Islami Bank on 30 November 2025.

The appointment had followed the central bank's final approval of the newly formed Sammilito Islami Bank PLC, which was created by merging five financially weak banks.

The five merged banks are: First Security Islami Bank, Global Islami Bank, Social Islami Bank, EXIM Bank and Union Bank.

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