Unilever Consumer Care re-appoints Masud Khan as chairman

Abdul Monem Sugar Refinery imported 165,000 tons of raw sugar under bonded warehouse facilities over six months, incurring applicable taxes of approximately Tk 520 crore. However, the company allegedly sold this sugar in the open market without informing the Bond Commissionerate, leading to a fine of Tk 49 crore. The payment must be made to the government treasury within 15 working days. Despite these allegations, the refinery claims no misuse of bonded facilities, stating that it has paid over Tk 1,100 crore in regulatory duties to the National Board of Revenue (NBR).

The Bangladesh Securities and Exchange Commission (BSEC) has canceled Gemini Sea Food's rights shares application after the company failed to submit required sales documents. The BSEC stated it could not approve the plan to raise Tk128.21 crore through a rights share issue, with the share price currently at Tk230.40 on the Dhaka Stock Exchange.

Mominul Islam has been elected chairman of the Dhaka Stock Exchange (DSE) PLC, bringing with him 25 years of experience in global and local banks and financial institutions. He is known for his leadership in policy frameworks, business transformation, and operational excellence.

Dr. Vijay Prakash has been appointed Managing Director of Bangladesh-India Friendship Power Company (Pvt.) Limited (BIFPCL). Before this role, he served as Executive Director at NTPC Limited in India, overseeing safety, sustainable development, environment, and ash utilization.

AKM Habibur Rahman has been elected Chairman of the Chittagong Stock Exchange (CSE) for a three-year term, replacing Asif Ibrahim. A senior civil service officer, Rahman has held various management roles, particularly in the telecommunications sector, including positions at BTCL, Teletalk, and Bangladesh Submarine Cables.

United Commercial Bank (UCB) PLC has appointed Nabil Mustafizur Rahman as the additional managing director (AMD). Rahman, who previously served as the country chief risk officer at Habib Bank Limited, Bangladesh, joined UCB as a deputy managing director in 2018 and was promoted to AMD in 2020.