Following the government’s collapse, a group of employees staged a protest in front of Islami Bank Bangladesh PLC’s office. They demanded their due benefits and promotions and called for the exclusion of executives who joined the bank after 2017. To provide context, in 2017, Islami Bank was acquired by the S Alam Group through a series of stock purchases under various company names, effectively a hostile takeover. Since then, the S Alam Group has brought in its own executives, who are now facing resistance from the bank’s long-standing employees.
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