Sunday , June 16 2024

Bank Asia Managing Director resigned

Managing Director (MD) of Bank Asia Arif Billah Adil Chowdhury has resigned due to personal reasons not debt irregularities. He submitted his resignation late last week.

The company accepted his resignation and granted him leave till October 21. At the same time, additional MD Shafiuzzaman has been given the current responsibility of managing director by Bank Asia.

ASUS warn serious security vulnerability on 7 routers

ASUS released a new firmware update to fix a vulnerability affecting seven router models, which could be exploited by remote...
Read More
ASUS warn serious security vulnerability on 7 routers

AWS Announced New Malware Detection Tool For S3 Buckets

AWS announced new security features at its re:Inforce conference, such as identity and malware protection services. The cloud giant added...
Read More
AWS Announced New Malware Detection Tool For S3 Buckets

150,000 phones registered under one IMEI number in Bangladesh

A smartphone's IMEI (which stands for International Mobile Equipment Identity) is a unique identifier for each device, similar to a...
Read More
150,000 phones registered under one IMEI number in Bangladesh

CISA Releases Twenty Industrial Control Systems Advisories

CISA released 20 advisories about Industrial Control Systems (ICS) on June 13, 2024. These advisories give important information about security...
Read More
CISA Releases Twenty Industrial Control Systems Advisories

Current web vulnerabilities in Bangladesh across vendor product line

On a report titled "Surge on Web defacement and web application related vulnerabilities targeting Bangladesh" BGD e-GOV CIRT said, web...
Read More
Current web vulnerabilities in Bangladesh across vendor product line

Criminals impersonating CISA’s employees in phone calls

CISA warned that criminals are pretending to be its employees in phone calls in order to trick people into sending...
Read More
Criminals impersonating CISA’s employees in phone calls

CISA Adds Two Known Exploited Vulnerabilities to Catalog

CISA added 2 new vulnerabilities to its catalog of known exploited vulnerabilities, because they have proof that these vulnerabilities are...
Read More
CISA Adds Two Known Exploited Vulnerabilities to Catalog

Microsoft Tuesday fixes 51 flaws, 18 RCEs June 2024 Patch

Microsoft has released updates for 49 security vulnerabilities in its Patch Tuesday update for June. One of the fixes addresses...
Read More
Microsoft Tuesday fixes 51 flaws, 18 RCEs June 2024 Patch

Hackers breached 20,000 FortiGate systems worldwide: MIVD

The Dutch military security service MIVD recently revealed that a cyber espionage campaign, which was initially mentioned in February, managed...
Read More
Hackers breached 20,000 FortiGate systems worldwide: MIVD

Riskiest Connected Devices in 2024: Forescout Report

By 2028, there will be over 25 billion Internet of Things (IoT) devices. Attackers are increasingly targeting various devices, operating systems,...
Read More
Riskiest Connected Devices in 2024: Forescout Report

This information was revealed on Thursday (August 3) by Bank Asia sources.

According to sources, Arif Billah Adil Chowdhury’s family members live abroad. After joining as MD, his responsibilities increased more than before. Because of this, he could not give much time to his family.

As a result, he was always mentally uncomfortable in performing the duties of the bank. He could not bear this stress and planned to leave the job a month before. He finally submitted his resignation last week.

It was not possible to contact Adil Chowdhury on his mobile phone to get a statement on this matter.

Bank officials said that Bank Asia collects deposits, disburses and collects loans in accordance with the company law and central bank regulations. The Board of Directors takes a more scrutinized decision while passing the loan proposal. The news of MD sahib’s resignation due to debt is not correct. He resigned due to personal and family reasons.

When asked about this, Managing Director of Bank Asia Shafiuzzaman said that Arif Billah Adil Chowdhury resigned due to personal reasons. His resignation has nothing to do with loan approval.

A senior official, who did not wish to be named, said Arif Billah Adil Chowdhury’s family lives in Canada. He was in mental agony because he could not give more time to his family while performing the duties of the bank, and often said that he would resign. In the end, he resigned to give time to his family.

Check Also

Bangladesh Bank

BB published guidelines on Licensing, Operation, and Regulation of Credit Bureau

  Bangladesh Bank has published the “Guidelines on Licensing, Operation, and Regulation of Credit Bureau”. …

Leave a Reply

Your email address will not be published. Required fields are marked *