Rick Haque Sikder, a defaulter, lost his post of director of National Bank

Rick Haque Sikder has been dropped from the post of director of National Bank due to default. Bangladesh Bank did not agree to extend his tenure. The central bank sent a letter to the National Bank on Sunday.

It is learned that on October 12, 2020, at the annual general meeting of the National Bank, Rick Haque Sikder resigned and was elected as the new director. However, the central bank did not approve the new director. The central bank asked the National Bank for approval in this regard. The central bank verified the value of his loan when the bank sent a proposal to Rick Haque Sikder to become a director. It turns out that Rick Haque Sikder has become a defaulter.

Originally a company went bankrupt, with Rick Haque Sikder as its director.
The central bank then said that Rick Haque Sikder’s interest-bearing company was in default and there was no opportunity for him to be appointed as a director of the bank under the Banking Companies Act.

Ron Haque Sikder, brother of Rick Haque Sikder and director of National Bank, went to meet the Governor of Bangladesh Bank on Monday to address the issue. He was accompanied by Naimuzzaman Bhuiyan, Independent Director, National Bank and Syed Kamrul Islam (Mohan), Chief Operating Officer, Sikder Group.
According to central bank sources, Ron Haque Sikder has been assured that Rick Haque Sikder will get back the post of director as soon as the loan is regular. He will have to wait until then.

Bangladesh Bank spokesperson Sirajul Islam told Prothom Alo that the appointment of Rick Hawke as a director could not be approved as he was a defaulter.

Zainul Haque Sikder was the chairman of National Bank. After his death, his wife Monowara Sikder took over as the chairman of the bank on February 24. The bank has two sons, Ron Haque Sikder and Rick Haque Sikder, and a daughter, Parveen Haque Sikder, as directors. Besides, officials of Sikder Group are also independent directors in the bank.

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