The first meeting of the newly reconstituted Board of Directors of Union Bank PLC, formed under the directive of Bangladesh Bank, was held on Monday (2 September) at the bank's headquarters, with the bank's chairman M Farid Uddin Ahmed presiding over the session.
The meeting was attended by board members Md. Humayun Kabir, Mohammad Saiful Alam, Shahidul Islam Zahid, and Sheikh Zahidul Islam, FCA, said a press release.
The session commenced with the recitation of the Holy Qur'an, following which the board offered prayers for the souls of those who lost their lives in the recent anti-discrimination student and public uprising and expressed deep sympathy for the injured and affected individuals.
During the meeting, the newly formed board expressed its profound gratitude and thanks to all depositors, business partners, stakeholders, well-wishers, and supporters for their continued trust and cooperation with the bank.
The board conducted a thorough review of the bank's overall financial condition and resolved to address the current issues as swiftly as possible.
They emphasised their commitment to collaborating with all levels of bank staff, business partners, depositors, and other stakeholders, as well as following the guidance and support of Bangladesh Bank and other regulatory authorities to resolve these challenges.
