Dhaka, July 18 -- Md Obayed Ullah Al Masud has resigned as the chairman of Islami Bank Bangladesh PLC, nearly 11 months after taking office. Islami Bank sources have confirmed the development to the media on Thursday.

Following the July Uprising that led to the ouster of Sheikh Hasina, the Board of Directors of Islami Bank was dissolved. On 24 August last year, five new independent directors were appointed to the restructured board, with Obayed Ullah Al Masud named as chairman.

Masud could not be reached through phone calls or text messages, despite repeated attempts.His resignation comes a day after the Bangladesh Financial Intelligence Unit (BFIU) sought detailed bank information of Obayed Ullah and his family members as part of a fin...