National Bank gets Mintoo as chairman

National Bank Ltd (NBL) elected Abdul Awal Mintoo as chairman and Moazzam Hossain as vice-chairman, forming a new board two days after Bangladesh Bank dissolved the previous one. This marks the third board change since December 2023. The bank has been facing losses due to high default loans. Mintoo, a businessman and BNP vice-chairman, replaces directors associated with the S Alam Group, linked to the recently ousted Awami League government.