Abdul Awal Mintoo elected National Bank chairman, Moazzam Hossain vice chairman

Abdul Awal Mintoo has been elected chairman of the board of directors of National Bank, and Moazzam Hossain was elected the vice chairman on Thursday.

The decision was taken at the 505th meeting of the Board of Directors of the bank on Thursday, according to a press release.

This follows the dissolution of the previous Board of Directors by Bangladesh Bank on August 20, 2024, and the formation of a new board under the “Bank-Company Act, 1991 (Amended up to 2023),” it said.

Abdul Awal Mintoo is an industrialist and business leader in Bangladesh. He is the former president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI). Additionally, he serves as the Chairman of several companies, including Lal Teer Seed Limited, North South Seed Limited, and Pragati Life Insurance Limited. Mintoo also acts as the adviser to several organizations, such as Heidelberg Cement Bangladesh Limited, Bangladesh Petrochemical Company Limited, Multimode Textile Mills Limited, and Multisourcing Limited.

Moazzam Hossain is one of the sponsor directors and former chairman of National Bank Limited. Hossain is the Chairman of Hosaf Group of Companies. He is also the former chairman of Pragati Insurance Company Limited, President of Bangladesh Energy Companies Association, Vice President of BGMEA and Chairman of Presidency University.