Shakib Al Hasan sets to become a bank director

Cricketer Shakib Al Hasan is set to gain control over two directorships of the proposed Islamic Shariah-based People's Bank, reports UNB.

Shakib and his mother Shirin Akhter's names have been sent to Bangladesh Bank for NOCs to clear their way for bank directorship. MA Kashem, chief sponsor of the proposed bank, confirmed the information on Wednesday.

However, the bank has not yet received the required banking license from Bangladesh Bank. Once it is finalised, People's Bank will conduct Shariah-compliant banking activities.

To be a member of the bank's board of directors as an entrepreneur, it needs to hold a minimum of 2 per cent share. As such, Shakib will have to provide a minimum capital of Tk 100 million for each post of director of People's Bank.

It is learned that Shakib Al Hasan is providing more than Tk 250 million for directorship of the bank. Earlier, Shakib Al Hasan secured licenses for a brokerage house and gold trading.