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UCB approves 5pc cash and 5pc stock dividends

United Commercial Bank PLC (UCB) have approved 5 percent Stock dividend and 5 percent cash dividend for the year ended 31 December 2022 at its 40th Annual General Meeting on 26 June 2023, a press release said on Tuesday .

The meeting was presided by Mrs. Rukhmila Zaman; Chairman of the Bank. The AGM was conducted virtually to ensure health and safety concern.

Among others Executive Committee Chairman Mr. Anisuzzaman Chowdhury; Independent Director & Audit Committee Chairman Mr. Touhid Shipar Rafiquzzaman; Director Mr. Bazal Ahmed; Director Mr. Nurul Islam Chowdhury; Director Mrs. Roxana Zaman; Director Ms. Afroza Zaman; Director Mr. Muhammed Shah Alam; Director Mr. Kanak Kanti Sen; Director Mrs. Masuma Parvin; Independent Director Dr. Aparup Chowdhury and Independent Director

Professor Dr. Iftekhar Uddin Chowdhury virtually attended the AGM.

Moreover, Managing Director & CEO of UCB Mr. Arif Quadri and Chief Financial Officer Mr. Faruk Ahammad were also present at the AGM.

The programme was conducted by Deputy Managing Director and Company Secretary of the bank Mr. ATM Tahmiduzzaman FCS.

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