New chairman, MD of AIBL Capital Market Services
Saturday, 30 October 2010
Badiur Rahman has been elected chairman of newly formed AIBL Capital Market Services Ltd (AIBL CMSL), a subsidiary company of Al-Arafah Islami Bank Ltd, said a press release.
He was elected unanimously for the next two-year term at the second board meeting of the company held on October 20 last. The same meeting also appointed Rezaur Rahman managing director of AIBL CMSL.
Badiur Rahman is also the current chairman of the board of directors of Al-Arafah Islami Bank Ltd, while Rezaur Rahman was deputy managing director of the bank.
The newly formed AIBL CMSL will have the Authorised Capital of Tk 10 billion (1000 crore) and its Paid-up Capital is Tk 4.0 billion (400 crore).
He was elected unanimously for the next two-year term at the second board meeting of the company held on October 20 last. The same meeting also appointed Rezaur Rahman managing director of AIBL CMSL.
Badiur Rahman is also the current chairman of the board of directors of Al-Arafah Islami Bank Ltd, while Rezaur Rahman was deputy managing director of the bank.
The newly formed AIBL CMSL will have the Authorised Capital of Tk 10 billion (1000 crore) and its Paid-up Capital is Tk 4.0 billion (400 crore).