BASIC Bank gets new MD

State-owned BASIC Bank has finally got a managing director. The post had been vacant since November last year. 

The Financial Institutions Division of the Ministry of Finance issued a letter on Tuesday nominating Md Rafiqul Alam as the bank's managing director.

Prior to the appointment, Alam was the managing director of Rajshahi Krishi Unnyan Bank, BASIC Bank said in a statement yesterday.

He was also the deputy managing director of Agrani Bank where he joined as a senior officer in 1983.

He also worked at Bangladesh Development Bank as a deputy managing director.