Tag Archives: 33 insurance Directors Quit Simultaneous Directorship Of Banks

Jasim Uddin Haroon – 33 insurance Directors Quit Simultaneous Directorship Of Banks, NBFIs, Insurers – 6 March 2012

Comment by Lucas : “I often post not all that I’ve read or seen or just only post in my Facebook group Lucas2012infos. As my Facebook post is copied today all over I will post this article myself on my blog. It is about the 33 directors that  resigned simultaneously in Bangladesh. The issue is  about the new insurance act of the country from 2010 that states a director can not be at the same time a bank director and a director of a non-bank institution in this case insurance firm. I posted the article not only for the resignations but also to make the point that countries wake up to conflict of interest or possibilities to be fraudulent when having multiple positions. Now follows the article beneath the line.” Continue reading

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