Modhumoti Bank PLC. is a private limited commercial bank in

Bangladesh Bangladesh, officially the People's Republic of Bangladesh, is a country in South Asia. It is the List of countries and dependencies by population, eighth-most populous country in the world and among the List of countries and dependencies by ...

. The bank was established in 2013. Md Shafiul Azam is the Chief Executive Officer of the Bank. Humayun Kabir is the chairperson and

Sheikh Salahuddin Jewel Sheikh Salahuddin Jewel(born 1 January 1967) is a Bangladesh Awami League politician and a former member of Jatiya Sangsad representing the Khulna-2 constituency. He is a nephew of Sheikh Mujibur Rahman and a cousin of former Prime Minister Sheik ...

is the Vice Chairman of the Bank.

Sheikh Fazle Noor Taposh Sheikh Fazle Noor Taposh (born 19 November 1971) is a Bangladeshi politician and former mayor of South Dhaka. Previously, he served as a member of the Bangladesh Parliament for Dhaka-10 and Dhaka-12 from the Bangladesh Awami League. He is a gra ...

is a director of the Bank.

History

Modhumoti Bank Limited was established on 19 September 2013. Md Shafiul Azam was appointed managing director of the bank in August 2016. In 2018, Modhumoti announced plans to focus on becoming a bank for Small Middle Enterprise in rural areas. In August 2019, Md Shafiul Azam was re-appointed managing director of Modhumoti Bank Limited. From 2018 to 2019, non performing loans at the bank increased by 555 per cent to 580 million taka. Former Mayor of Dhaka South City Corporation, Sayeed Khokon, accused the incumbent

mayor of North Dhaka The Mayor of North Dhaka is the highest administrative officer of Dhaka North City Corporation. The Mayor's office manages all civic services, government property management, and most government agency operations in the city. In addition, the may ...

and Modhumoti Bank Limited director, Sheikh Fazle Noor Taposh, of hording illegal wealth at the Bank in January 2021. Khokon was sued for defamation by lawyers aligned with Taposh. In June 2021, The Credit Rating Agency of Bangladesh rated the bank as A1 category. Manwar Hossain, son of Anwar Hossain and chairman of Anwar Group of Industries in a director of the Bank.

Board of directors

References

External links

* {{Banks in Bangladesh Banks established in 1995 Banks of Bangladesh Companies listed on the Dhaka Stock Exchange Companies based in Dhaka