STAFF CORRESPONDENT

The appointment of a new chairman threw Islami Bank into fresh turmoil, as protests, police action, and internal disorder gripped the country’s largest Islamic lender yesterday.

Hundreds of people gathered in Motijheel under the banner of the Conscious Customers’ Forum, demanding that the central bank cancel the appointment of Md Khurshid Alam as its chairman and reinstate ex-managing director Md Omar Faruk Khan, who recently resigned.

Khurshid was among the four Bangladesh Bank top brass who were forced to resign amid protests of hundreds of central bank officials days after the fall of the Awami League-led government on August 5, 2024.

The Conscious Customers’ Forum’s rally began around 9:30am yesterday. Soon, police moved in and used sound grenades and water cannons on the protesters, which left some people injured. The demonstrations continued throughout the day.

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