Dhaka, Oct 20 (V7N) – The newly introduced national pay structure for public servants or employees would not change the existing rates of their allowances until a fresh government order is issued, an official notification said here today.
According to the Finance Ministry statement, government employees will continue to receive allowances at the previous rates though June 30, 2026 is the baseline date, marking the final day of the previous salary structure.
The notification issued by the ministry's Finance Division said it applies to employees of various ministries, divisions, government offices, departments, agencies, state-owned enterprises and autonomous institutions.
In a separate development, the government has cancelled the contractual appointments of the managing directors (MD) of three state-owned banks—Sonali Bank, Janata Bank, and Rupali Bank.
The decision was revealed in a letter, signed by Afroza Akter Riba, deputy secretary of the Financial Institutions Division under the Ministry of Finance, issued today. The letter was sent to the chairmen of the concerned three banks.
The ministry recommended cancelling the remaining terms of Sonali Bank MD Shawkat Ali Khan, Rupali Bank MD Kazi Md Wahidul Islam, and Janata Bank MD and CEO Mazibur Rahman.
Shawkat joined Sonali Bank as the MD on October 30, 2024 for a three-year term. Before that, he served as the MD of Bangladesh Krishi Bank. Wahidul was appointed as the MD of Rupali Bank on December 25, 2024 for a three-year term. Mazibur was made MD and CEO of Janata Bank on November 11, 2024.
Following the cancellation of their remaining contractual terms, the boards of the respective banks will have to take further steps in accordance with the applicable rules.
