Minimum 30 yr for bank director appointment: BB

Reported By: ST Report Posting Time: 2024-02-11 23:27:00 Catagory: Bank
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BB issues new guidelines on bank director appointment

Bangladesh Bank (BB) has issued new guidelines tightening the rules of appointing bank directors to ensure good governance in the banking sector.
The step has been taken in line with the Bank Company (Amendment) Act, 2023, a BB circular said today.
As per the guidelines, the minimum age of a director will be 30. Previously, there was no such limit.