Trust Bank holds 25th AGM

FE Team | Published: July 16, 2024 23:00:12

The 25th Annual General Meeting (AGM) of Trust Bank Limited was held on a digital platform on Tuesday. Maj Gen Md Jubayer Salehin, Vice Chairman of the bank, presided over the meeting. Among others, members of the Board Brig Gen S M Zia-Ul-Azim, Brig Gen Md Kaisar Hasan Malik, Brig Gen Mohammad Moazzem Hossain, Brig Gen Md Nishatul Islam Khan, Brig Gen Md Munirul Islam, Brig Gen Md Sajjad Hossain, Brig Gen Rakibul Karim Chowdhury, Nusrat Khan (Independent Director), Ahsan Zaman Chowdhury, Managing Director, and Md Mizanur Rahman, Company Secretary, were present in the meeting. A significant number of shareholders also joined the meeting.
The meeting approved 20 per cent dividend (12 per cent cash and 8.0 per cent stock) for the year ended on 31 December 2023. In addition, the proposal for changing the name of the bank to Trust Bank PLC and the increase of authorised share capital of the bank to Tk 25 billion (Tk 2500 crore) were also approved at the meeting.