InfoSecBulletin Cybersecurity for mankind
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.
Hacker claim to access Rajasthan Police data: 70,000 records allegedly exposed
Update now! PHP2Shell: Critical PHP vulnerabilities patched
Trump says data centres should pay dividends to local community
Hackers Actively Exploiting Palo Alto VPN Flaw Via CVE-2026-0257
DeepSeek AI banned by U.S. Government; federal agencies must remove all related tools
CISA, NSA and NIST Publish New 10 AI Agent Control Guidelines
Claude AI Cracks 25-Year NSA Cryptography Number Mystery in Just 30 Minutes
Bypassing firewalls, AI Agents Accessed Indian ‘ Data Without Permission: CERT-In
MITRE ATT&CK v20 Unveils 9 New Attack Techniques On AI Exploits, MFA Bypass, and CAPTCHA Evasion
Hackers Exploit Fortinet Flaws to Deploy Stealthy PEERSTITCH Malware on FortiGate Firewalls
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.
