39th Annual General Meeting of AB Bank Limited

The 39th AGM of AB Bank Limited was held on June 10, 2021 (Thursday) on digital platform. The Meeting unanimously approved 5% Stock Dividend for the year ended 2020. AB Bank Limited completed 39th year of successful operation on April 12, 2021. Net Asset Value (NAV) of the Bank stood at Tk.2,448 crore and Total Assets stood at Tk.38,576 crore in 2020 which registered 5.52% growth over last year. AGM also adopted Directors’ Report, Audited Financial Statements and re-elected Mr. Feroz Ahmed, Mr. Khairul Alam Choudhury and Mr. Md. Maqsudul Huq Khan as Directors. Shareholders approved appointment of Mr. Shafiqul Alam as Independent Director. Shareholders also appointed ACNABIN, Chartered Accountants as Statutory Auditor and M/s. S. F. Ahmed & Co., Chartered Accountants as Corporate Governance Compliance Auditor of the Bank for the year 2021. Chairman of the Board Mr. Muhammad A. (Rumee) Ali, presided over the Meeting. Mr. Tarique Afzal, President & Managing Director, Honorable Directors of the Board and a good number of Shareholders attended the Annual General Meeting on digital platform.