Islami Bank Shareholders’ forum wants removal of staff illegally appointed by S Alam

Islami Bank Shareholders Forum organised Human Chains across the country demanding removal of staff illegally appointed by S Alam.

The Islami Bank Shareholders Forum formed a human chain and rally in front of the Islami Bank Tower in Dilkusha, Dilkusha, in the capital, on Monday, October 6, 2025. At the same time, the Islami Bank Customers Forum formed a human chain and protest rally in front of every branch of Islami Bank across the country demanding the immediate dismissal of the officers and employees illegally appointed by S Alam from Islami Bank. The speakers at the rally called for the removal of the illegally appointed employees from Islami Bank as soon as possible. Shareholders and customers said that if these illegal officers are not removed by next Thursday, they will start a larger movement.

Md. Mohtashim Billah, Hafizur Rahman, Imam Hossain, Mahmudul Hasan, ATM Sirajul Haque, Dr. Harunur Rashid, Md. Mustafizur Rahman and Md. Ratan, among others, spoke at the rally held in front of the head office.

At this time, the Islamic Bank Customer Forum, the Conscious Business Forum, the Islamic Bank Former Bankers Council and the Anti-Discrimination Job Seekers Council, the Conscious Professional Group, the Islamic Bank CBA and the Conscious Bankers Society joined the human chain and protest rally with the same demand.

The speakers at the rally said that S Alam used the state machinery to forcibly seize the Islamic Bank in 2017. He expelled the legitimate owners from this bank by threatening them. He also expelled the foreign shareholders by threatening them in various ways. He took control of this bank and made a huge amount of money by appointing them as he pleased. He has destroyed the excellent working environment and advanced customer service of this bank by hiring people from Patiya and Chittagong without any advertisement.

The speakers said that Islami Bank has kept these officials in service for so long by showing humanity. The bank itself has suffered. Every year, more than 1500 crore taka is being spent on these illegal officials. Islami Bank had organized a competency assessment test to make them legal. They have taken a stand against this bank by opposing the bank's decision. This is a big rebellion against the corporate institution. There is no other legal way to keep the rebels in the bank like this. The speakers called on the bank authorities to remove them quickly. They demanded that honest and qualified candidates be appointed from all over the country through merit verification.

They also said that the removal of illegal appointees cannot be called a violation of human rights in any way. The people of 63 districts were deprived of their jobs by giving jobs to only the people of Patiya and Chittagong by setting up boxes in the dark of night, violating the human rights of the common people of the country. By removing illegal officials, the shareholders and customers of this bank will protect Islami Bank from the mafia at any cost.

Speakers at the rally said that after taking over Islami Bank, S Alam illegally appointed 7224 people from Chittagong alone in various ranks from 2017 to August 2024. Out of these, more than 4500 people are from Patiya Upazila alone. The discipline of the bank has been completely destroyed by depriving job seekers from all over the country and secretly appointing candidates from one district.

They said that S Alam took up a program to expel old employees of the bank from the bank and appoint people from his own Upazila. From March 2024 to the July Revolution, more than 150 officials of the bank sent employees to compulsory retirement and dismissed them by threatening them with various means.

A driver named Nurul Haque said that a representative of the then HR called me and said, "You submit your resignation letter. Otherwise, you will be deprived of service benefits." I was forced to submit my resignation letter. In this way, pressure was repeatedly exerted. Like me, Khalil, Abdur Rahman, Abdul Momin and Delwar were also forced to submit their resignations. He said, in this way, hundreds of lower-ranking employees including drivers, messengers and cleaners and several other officers and executives were forcibly sent to retirement. We all had five more years of service left. He said that S Alam's PS Akij Uddin did this to recruit people from Patiya Upazila.

An executive who did not want to be named said, according to S Alam, several senior executives of the bank were arrested for not signing the fake investment file. They were handcuffed and presented in front of the media as criminals. Later, they were fired.

It is worth noting that the bank organized an evaluation test through the IBA of Dhaka University on September 27 to evaluate the qualifications and skills of these illegally recruited officers. These officers refused to take the evaluation test. On September 27, 5385 of these officers were asked to participate in the evaluation test. A large portion of them, i.e. 4971, refused to participate in the examination, defying the bank's decision. Out of these, 414 officers participated in the assessment examination.

The bank has made those who did not participate in the examination OSD and dismissed 400 rebels. They have been ordered to refrain from operational activities until further orders. – Press release