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No top executives of GP sacked, CFO quits

Friday, 28 August 2009


Grameenphone's (GP) chief financial officer Arif-al Islam resigned this week, but speculation that several senior executives of the largest mobile-phone operator have been sacked are baseless, GP officials said Thursday, reports bdnews24.com
Media-savvy Rubaba Dowla, chief communications officer, was at the centre of the rumour swirling since Wednesday.
But, Dowla told the news agency on Thursday, "I haven't resigned."
Talat Kamal, deputy general manager of public relations, waved away the 'sacking' rumour.
He said: "We've also heard the rumour but it's not true.
"She (Dowla) is doing office, I talked to her in the morning. Our chief financial officer Arif-al-Islam has resigned from the job on August 24 citing personal reasons."
Head of corporate affairs Raihan Ahmed Shamsi is functioning as the acting CFO, Kamal added.
Islam, who was in-charge of GP's listing process with the capital market, quit just four days after the corporate giant got the final go-ahead from the market regulator to float shares.
Its record IPO received the final regulatory nod on August 20 to raise almost Tk 5.0 billion from the market.
On Tuesday, GP announced the IPO's subscription dates through publishing prospectus in local newspapers.