Community Bank Bangladesh
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Community Bank Bangladesh PLC. is one of the newly approved Scheduled Banks of Bangladesh.[1] This bank is fully owned by Bangladesh Police Welfare Trust.[2] Masihul Huq Chowdhury is the CEO and Managing Director of the Bank.[3] The board meetings of the bank is held at the headquarters of Bangladesh Police.[4] The Inspector General of Police, Chowdhury Abdullah Al-Mamun, is the chairman of the bank.[5]
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| Company type | Public limited company |
|---|---|
| Industry | Banking |
| Founded | 2019 |
| Headquarters | Dhaka, Bangladesh |
Key people | IGP Baharul Alam (Chairman) Masihul Huq Chowdhury (Managing Director & CEO) |
| Products | Banking services |
| Website | communitybankbd.com |
History
On 23 May 2018, Bangladesh Police Welfare Trust applied for a license from Bangladesh Bank to open a bank named Community Bank Bangladesh Limited.[6] The trust is owned by Bangladesh Police. Bangladesh Bank approved the license application of the Bank in October 2018.[7] The Bank was officially listed on 4 November 2018.[8] Finance Minister of Bangladesh, Abul Maal Abdul Muhith, criticised Bangladesh Bank for approving Community Bank Bangladesh, Citizens Bank PLC, Bengal Commercial Bank Limited, and People's Bank Limited.[9] He expressed unhappiness as he believed the banks were approved on political considerations.[9]
Community Bank Bangladesh Limited started its operation on 11 September 2019, inaugurated by the Prime Minister of Bangladesh Sheikh Hasina.[10][11][12]
In November 2021, Masihul Huq Chowdhury was reappointed the managing director of Community Bank Bangladesh Limited.[13]
Board of directors
| Name | Position | Profession | Reference |
|---|---|---|---|
| Chowdhury Abdullah Al-Mamun | Chairman | Inspector General of Police | [14] |
| S. M. Ruhul Amin | Director | Additional Inspector General | [14] |
| Md. Mazharul Islam | Director | Additional Inspector General | [14] |
| M. Khurshid Hossain | Director | Additional Inspector General | [14] |
| Hasan Ul Haider | Director | Additional Inspector General | [14] |
| Monirul Islam | Director | Additional Inspector General | [14] |
| Md. Mahabubor Rahman | Director | Additional Inspector General | [14] |
| Habibur Rahman | Director | Additional Inspector General | [14] |
| Md. Aminul Islam | Director | Deputy Inspector General | [14] |
| Md. Mahbubur Rahman Bhuiyan | Director | Deputy Inspector General | [14] |
| Quazi Zia Uddin | Director | Deputy Inspector General | [14] |
| Shoeb Reaz Alam | Director | Additional Deputy Inspector General | [14] |
| Sufian Ahmed | Director | Superintendent of Police | [14] |
| B. M. Forman Ali | Director | Inspector and president of Bangladesh Police Association | [14] |
| Masud Khan | Independent Director | Chairman of Unilever Consumer Care Limited | [14] |
| Kazi Masihur Rahman | Independent Director | Former managing director of Mercantile Bank Limited | [14] |
| Abdullah Al Mahmud | Independent Director | Professor at University of Dhaka | [14] |
| Masihul Huq Chowdhury | Managing Director | [14] |
See also
- Shimanto Bank Limited, managed by Border Guards Bangladesh
- Trust Bank Limited, managed by Bangladesh Army
- Ansar-VDP Unnayan Bank, managed by Bangladesh Ansar and the Village Defence Party
References
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