Dhaka, March 13 -- Bangladesh Bank has reconstituted the boards of directors of three private banks in its latest move to reform troubled financial institutions.

This marks the central bank's second initiative to overhaul the boards of struggling banks.

The three banks are NRBC Bank PLC, NBR Bank PLC and Meghna Bank PLC.

In the newly formed board of NRBC Bank, former Krishi Bank Managing Director Md. Ali Hossain Prodhania has been appointed as Chairman. Other board members include former Bangladesh Bank Executive Directors Md. Abul Bashar and Md. Anowar Hossain, former Sonali Bank Deputy Managing Director Md. Nurul Hoque, Supreme Court lawyer Barrister Md. Shafiqur Rahman, American International University-Bangladesh (AIUB) Professor D...