Al-Arafah Islami Bank PLC is moving forward under the guidance of regulatory authorities as part of reforms in the banking sector.
Recently, audits conducted by various regulatory bodies and audit firms have revealed certain irregularities in recruitment at Al-Arafah Islami Bank.
In response to these observations and recommendations from the auditors, the bank鈥檚 management undertook due review and initiated necessary measures.
As part of this initiative, 1,414 officers were brought under an evaluation test. To maintain neutrality, the test was conducted through the Institute of Business Administration (IBA) of the University of Dhaka.聽 In this examination, 864 officers who passed were retained in service, while the remaining 547 officers who failed to obtain the minimum qualifying marks were terminated following due process. In addition, three officers resigned from service before participating in the examination.
However, a group of dismissed officers suddenly attacked Bank officials at Surma Tower on Thursday, at around 4:00pm. They detained and harassed three deputy managing directors and the Head of Human Resources while they were getting into their cars and at least 15 people, including the HR head of the bank, were injured.聽
A press release of the bank said, 鈥榃e say to the dismissed protesting former officers if the illegal blockade, threats, and acts of violence are not stopped immediately, the Bank鈥檚 management will be compelled to take the highest legal action, and the full responsibility will rest upon you.鈥櫬�
鈥榃e assure our valued customers that your deposits are safe, and these reform activities have been undertaken solely to improve the quality of service to you. Your support is absolutely essential in implementing this noble initiative to realize the Bank鈥檚 good intentions and to ensure maximum transparency in its governance,鈥� it added.
