Mohammad Ayub Mia, chairman of state-owned Sammilito Islami Bank PLC, has resigned on Monday.
Ayub Mia submitted his resignation letter to the Secretary of the Financial Institutions Division (FID) under the Ministry of Finance.
In his resignation letter, Ayub Mia, a former government secretary, cited personal reasons for stepping down.
He was appointed as the bank's first chairman on December 7 last year following its formation.
Sammilito Islami Bank was established by merging five Shariah-based banks that were struggling with severe liquidity crises. The banks are -- Exim Bank, Social Islami Bank, First Security Islami Bank, Global Islami Bank, and Union Bank.
Earlier, the government appointed Nabil Mustafizur Rahman, Additional Managing Director of United Commercial Bank (UCB), as the bank's Managing Director (MD).
However, he declined to join the post, also citing personal reasons.
bd-pratidin/GR
