The newly-formed board of Social Islami Bank PLC held a meeting on 28^th August at the Bank’s head office to safeguard depositors’ interest and ensure good governance within the Bank. Dr. M. Sadiqul Islam, FCMA, Professor of the Department of Finance at University of Dhaka, was elected as Chairman, and Md. Anisul Hoque, Representative of Hamdard Laboratories (Waqf) Bangladesh, was elected as Vice-chairman at the meeting. Maksuda Begum, Former Executive Director of Bangladesh Bank, was elected as chairman of  EC Committee, Major (Retd.)  Dr. Md. Rezaul Haque, Sponsor Director, as chairman of Risk Management Committee, and Chartered Accountant Md. Anwar Hossain, FCA, as chairman of Board Audit Committee of the Bank. Former Deputy Managing Director of Rupali Bank Md. Morshed Alam Khondoker, Independent Director of the Bank, was also present there. Md. Anisul Hoque, Representative of Hamdard Laboratories (Waqf) Bangladesh, was included as director at the meeting as approved by Bangladesh Bank.

Bangladesh Bank reformed the Board of the Bank on 25^th August for ensuring good governance in the Bank. With the formation of new board, clients trust started to restore and increase deposit.