Community Bank Bangladesh

Community Bank Bangladesh PLC. is one of the newly approved Scheduled Banks of Bangladesh.^[1] This bank is fully owned by Bangladesh Police Welfare Trust.^[2] Masihul Huq Chowdhury is the CEO and Managing Director of the Bank.^[3] The board meetings of the bank is held at the headquarters of Bangladesh Police.^[4] The Inspector General of Police, Chowdhury Abdullah Al-Mamun, is the chairman of the bank.^[5]

Community Bank Bangladesh PLC.

Company type	Public limited company
Industry	Banking
Founded	2019; 6 years ago (2019)
Headquarters	Dhaka, Bangladesh
Key people	IGP Baharul Alam (Chairman) Masihul Huq Chowdhury (Managing Director & CEO)
Products	Banking services
Website	communitybankbd.com

History

On 23 May 2018, Bangladesh Police Welfare Trust applied for a license from Bangladesh Bank to open a bank named Community Bank Bangladesh Limited.^[6] The trust is owned by Bangladesh Police. Bangladesh Bank approved the license application of the Bank in October 2018.^[7] The Bank was officially listed on 4 November 2018.^[8] Finance Minister of Bangladesh, Abul Maal Abdul Muhith, criticised Bangladesh Bank for approving Community Bank Bangladesh, Citizens Bank PLC, Bengal Commercial Bank Limited, and People's Bank Limited.^[9] He expressed unhappiness as he believed the banks were approved on political considerations.^[9]

Community Bank Bangladesh Limited started its operation on 11 September 2019, inaugurated by the Prime Minister of Bangladesh Sheikh Hasina.^[10][11][12]

In November 2021, Masihul Huq Chowdhury was reappointed the managing director of Community Bank Bangladesh Limited.^[13]

Board of directors

Name	Position	Profession	Reference
Chowdhury Abdullah Al-Mamun	Chairman	Inspector General of Police	[14]
S. M. Ruhul Amin	Director	Additional Inspector General	[14]
Md. Mazharul Islam	Director	Additional Inspector General	[14]
M. Khurshid Hossain	Director	Additional Inspector General	[14]
Hasan Ul Haider	Director	Additional Inspector General	[14]
Monirul Islam	Director	Additional Inspector General	[14]
Md. Mahabubor Rahman	Director	Additional Inspector General	[14]
Habibur Rahman	Director	Additional Inspector General	[14]
Md. Aminul Islam	Director	Deputy Inspector General	[14]
Md. Mahbubur Rahman Bhuiyan	Director	Deputy Inspector General	[14]
Quazi Zia Uddin	Director	Deputy Inspector General	[14]
Shoeb Reaz Alam	Director	Additional Deputy Inspector General	[14]
Sufian Ahmed	Director	Superintendent of Police	[14]
B. M. Forman Ali	Director	Inspector and president of Bangladesh Police Association	[14]
Masud Khan	Independent Director	Chairman of Unilever Consumer Care Limited	[14]
Kazi Masihur Rahman	Independent Director	Former managing director of Mercantile Bank Limited	[14]
Abdullah Al Mahmud	Independent Director	Professor at University of Dhaka	[14]
Masihul Huq Chowdhury	Managing Director		[14]

See also

• Banks portal

• Shimanto Bank Limited, managed by Border Guards Bangladesh
• Trust Bank Limited, managed by Bangladesh Army
• Ansar-VDP Unnayan Bank, managed by Bangladesh Ansar and the Village Defence Party