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Bangladesh appoints Nabil Mustafizur Rahman as CEO of new state-owned Islamic bank, Sammilito Islami Bank PLC, effective February 15, 2026.
Nabil Mustafizur Rahman has been appointed as the first managing director and CEO of Sammilito Islami Bank PLC, a newly formed state-owned Islamic bank created by merging five Shariah-compliant institutions.
The appointment, approved by Bangladesh’s Ministry of Finance on February 15, 2026, is for a three-year term.
Rahman, currently an additional managing director at United Commercial Bank, brings over 30 years of banking experience, including senior roles in risk and Islamic banking at BRAC Bank and Habib Bank Limited.
The new bank has a paid-up capital of Tk35,000 crore, with Tk20,000 crore from the government and Tk15,000 crore from depositors.
The Bangladesh Bank has set a maximum deposit interest rate of 9.5% for 2026.
Bangladesh nombra a Nabil Mustafizur Rahman como CEO del nuevo banco islámico de propiedad estatal, Sammilito Islami Bank PLC, a partir del 15 de febrero de 2026.