Sunday , December 1 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.

Workshop on “DDoS use cases & solutions for government & BFSI” held at BCS

A workshop on "DDoS use cases & solutions for government & BFSI" held at Bangladesh computer society premises on Saturday...
Read More
Workshop on “DDoS use cases & solutions for government & BFSI” held at BCS

Uganda confirms hack of central bank accounts, Refutes $17 Million Claim

Uganda’s finance ministry confirmed media reports that hackers breached the central bank’s systems and stole money, but refuted the claims...
Read More
Uganda confirms hack of central bank accounts, Refutes $17 Million Claim

CVE-2024-11667
Hackers actively exploiting Zyxel firewall to deploy Ransomware

CERT Germany and Zyxel have alerted about a serious vulnerability in Zyxel firewalls, identified as CVE-2024-11667. This flaw is being...
Read More
CVE-2024-11667  Hackers actively exploiting Zyxel firewall to deploy Ransomware

Daily Security Update Dated: 29.11.2024

Every day a lot of cyberattack happen around the world including ransomware, Malware attack, data breaches, website defacement and so...
Read More
Daily Security Update  Dated: 29.11.2024

CIRT-in flags Critical Flaw in Oracle Agile PLM Framework

CERT-In has flagged a security vulnerability in Oracle’s Agile Product Lifecycle Management (PLM) software, identified as CVE-2024-21287 and cataloged as...
Read More
CIRT-in flags Critical Flaw in Oracle Agile PLM Framework

Microsoft patches four vulnerabilities in its services

On November 26th, Microsoft patched four vulnerabilities detected in Dynamics 365 Sales, the Partner.Microsoft.Com portal, Microsoft Copilot Studio and Azure...
Read More
Microsoft patches four vulnerabilities in its services

Data broker exposes 600K+ passwordless sensitive files online

SL Data Services/Propertyrec, an information research provider exposes a non-password-protected database containing more than 600K records according to the security...
Read More
Data broker exposes 600K+ passwordless sensitive files online

Cloudflare logs faces major failure, losing 55% of user data

Cloudflare suffered an incident roughly 3.5 hours On November 14, 2024 impacting the majority of customers using Cloudflare Logs. Cloudflare...
Read More
Cloudflare logs faces major failure, losing 55% of user data

VMware Patched critical flaw in Aria Operations

VMware revealed several critical vulnerabilities in its Aria Operations product, with the most severe allowing attackers to gain root user...
Read More
VMware Patched critical flaw in Aria Operations

HDFC Life hit by data breach, begins investigation

On Monday, Indian HDFC life insurance said, They got some instances of data leaks. "We have received communication from an...
Read More
HDFC Life hit by data breach, begins investigation

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

cyber attack

Cyberattacks increase 105% in third quarter of 2024 in Bangladesh

Bangladesh faced a 105% rise in cyber incidents from the second to the third quarter …

Leave a Reply

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