{"id":34581,"date":"2026-06-02T01:34:36","date_gmt":"2026-06-02T01:34:36","guid":{"rendered":"https:\/\/thebangladeshtoday.com\/?p=34581"},"modified":"2026-06-02T01:34:37","modified_gmt":"2026-06-02T01:34:37","slug":"protesters-demand-cancellation-of-islami-bank-new-chairman-appointment","status":"publish","type":"post","link":"https:\/\/thebangladeshtoday.com\/?p=34581","title":{"rendered":"Protesters demand cancellation of Islami Bank new chairman appointment"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>TBT DESK:<\/strong> Tensions escalated in the capital on Monday as thousands of customers and shareholders gathered outside the head office of Islami Bank Bangladesh PLC in Motijheel, demanding the cancellation of the newly appointed chairman\u2019s appointment.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The protesters staged a human chain and demonstration under the banner of \u201cIslami Bank Victim Customers Coordination Council,\u201d calling for the withdrawal of Khurshid Alam\u2019s appointment as chairman and the reinstatement of former Managing Director Omar Faruk Khan.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Witnesses said clashes broke out between demonstrators and police during the morning programme. Law enforcement officers used baton charges, tear gas, water cannons and sound grenades to bring the situation under control, leaving several protesters injured.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Despite the initial dispersal, demonstrators regrouped and continued their sit-in in front of the bank\u2019s headquarters.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Protest leaders alleged that the appointment of the new chairman, made following the removal of the previous board leadership on 24 May, reflects an attempt to restore influence linked to S Alam Group within the bank. They claimed that the central bank\u2019s decision has been contested by customers and shareholders from the outset.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">They further alleged that the bank is currently facing liquidity pressure, with some customers experiencing difficulties withdrawing funds through cheques and limited cash availability at ATM booths. The protesters have vowed to continue their movement until the appointment is revoked, reiterating their demand for what they describe as a governance structure free from external influence. The situation highlights ongoing tensions surrounding the governance and management structure of one of the country\u2019s largest private sector banks, amid broader concerns about financial stability and depositor confidence.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TBT DESK: Tensions escalated in the capital on Monday as thousands of customers and shareholders gathered outside the head office of Islami Bank Bangladesh PLC in Motijheel, demanding the cancellation of the newly appointed chairman\u2019s appointment. The protesters staged a human chain and demonstration under the banner of \u201cIslami Bank Victim Customers Coordination Council,\u201d calling [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":34582,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[110],"tags":[],"class_list":["post-34581","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Protesters demand cancellation of Islami Bank new chairman appointment - The Bangladesh Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thebangladeshtoday.com\/?p=34581\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Protesters demand cancellation of Islami Bank new chairman appointment - The Bangladesh Today\" \/>\n<meta property=\"og:description\" content=\"TBT DESK: Tensions escalated in the capital on Monday as thousands of customers and shareholders gathered outside the head office of Islami Bank Bangladesh PLC in Motijheel, demanding the cancellation of the newly appointed chairman\u2019s appointment. The protesters staged a human chain and demonstration under the banner of \u201cIslami Bank Victim Customers Coordination Council,\u201d calling [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thebangladeshtoday.com\/?p=34581\" \/>\n<meta property=\"og:site_name\" content=\"The Bangladesh Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/web.facebook.com\/TBTNews.Media\/\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-02T01:34:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-06-02T01:34:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/thebangladeshtoday.com\/wp-content\/uploads\/2026\/06\/Protesters-Demand-Cancellation-of-New-Islami-Bank-Chairman-Appointment.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"390\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"BD Today\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"BD Today\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=34581#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=34581\"},\"author\":{\"name\":\"BD Today\",\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/#\\\/schema\\\/person\\\/20e3df9cb90549d34b183bd4bd375083\"},\"headline\":\"Protesters demand cancellation of Islami Bank new chairman appointment\",\"datePublished\":\"2026-06-02T01:34:36+00:00\",\"dateModified\":\"2026-06-02T01:34:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=34581\"},\"wordCount\":276,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/thebangladeshtoday.com\\\/?p=34581#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/thebangladeshtoday.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Protesters-Demand-Cancellation-of-New-Islami-Bank-Chairman-Appointment.jpg\",\"articleSection\":[\"Economy &amp; 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