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Sammilito Islami Bank gets chairman, MD

June 09, 2026 00:00:00


The government has appointed Quazi Shairul Hassan as chairman of the Sammilito Islami Bank PLC and Abedur Rahman Sikder as its managing director.

The Financial Institutions Division of the finance ministry announced the appointments in two separate letters on Monday, reports bdnews24.com.

Shairul is a former managing director at SABINCO, a joint venture industrial finance and investment company owned by the governments of Saudi Arabia and Bangladesh.

Abedur was the deputy managing director and chief operating officer at the Dutch-Bangla Bank.

An official from the Financial Institutions Division told bdnews24.com, "They will need no objection from Bangladesh Bank before they join the new workplace."

Sammilito Islami Bank was established by the previous interim government on Dec 21, 2024, by merging five struggling private Shariah-based banks-EXIM Bank, First Security Islami Bank, Global Islami Bank, Union Bank, and SIBL.

On Dec 1, 2025, the Bangladesh Bank granted the final license to Sammilito Islami Bank, with former secretary Mohammad Ayub Miah appointed the chairman. He, however, refused to join after the managing director's appointment was finalised.

Ayub Miah resigned citing "personal reasons" on Mar 16. The bank had been operating without the top two positions since then.


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