Shameran Abed, a senior director at BRAC has been re-elected as chairman of bKash Ltd for the second term.
The announcement was made at a meeting held on Tuesday, says a press release.
Shameran Abed was earlier elected as Chairman in November, 2015 for a term of 5 years. He also sits on the boards of several companies including BRAC Bank Ltd.
The board also accepted the resignation of Douglas Feagin, nominee director of Ant Group, and welcomed Gouming Cheng in his place. Other members of the bKash board include Brac Bank nominees Selim R F Hussain, K Mahmood Sattar, Barrister Nihad Kabir and Ryan Gilbert, Money in Motion nominees Nick Hughes and Arun Gore, IFC nominee Andi Dervishi and Ant Group nominee Kenny Man.
bKash Ltd is a bank-led mobile financial service provider in the country licensed by Bangladesh Bank as a subsidiary of BRAC Bank Ltd. It has a special focus to serve the low income people of the country to achieve broader financial inclusion by providing services that are convenient, affordable and reliable.