Dhaka Bank reappoints Abdul Hai Sarker as chairman for two-year term

Leadership continuity at the lender follows a wave of board reshuffles across Bangladesh's banking sector, including at Al-Arafah Islami Bank.

By Handelsavisen Newsroom · Automated 2026-08-01 18:00 UTC · 1 min read

Abdul Hai Sarker has been re-elected as chairman of the Board of Directors at Dhaka Bank PLC, securing a further two-year term in the role.

The appointment signals a preference for stability at the lender's helm, contrasting with the recent turbulence that has reshaped leadership at several other major Bangladeshi financial institutions.

45% in Dhaka, marking the strongest single-day move for the lender in recent weeks.

The re-election comes as investors monitor governance shifts across the country's banking sector.

In a parallel development, Al-Arafah Islami Bank PLC recently confirmed the election of Badiur Rahman as its new chairman following an emergency board meeting.

That leadership change at Al-Arafah triggered a sharp market reaction, with shares jumping 7.45% in Dhaka, marking the strongest single-day move for the lender in recent weeks.

While Dhaka Bank's reappointment of Sarker is a routine governance update, it occurs against a backdrop of regulatory scrutiny and restructuring efforts led by Bangladesh Bank.