Al Masud on Thursday stepped down as chairman of Islami Bank, the country's largest private sector bank, amid probe into his alleged corruption, authorities said.

His resignation comes days after the Bangladesh Financial Intelligence Unit (BFIU) sought detailed bank information of Obayed Ullah and his family members as part of a financial inquiry ...

The decision was made by the bank's board of directors after receiving formal approval from the Bangladesh Bank today (15 July) ...

The Bangladesh Financial Intelligence Unit (BFIU), the financial intelligence arm of the central bank, has sought detailed banking information of Md Obayed Ullah Al Masud, current chairman of Islami ...