BRAC Bank CEO apologises for remarks on Central Bank officials

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Dhaka, Dec 11 --BRAC Bank’s Managing Director and CEO, Selim R F Hussain, has formally apologized for remarks he made about officials of the Bangladesh Bank during a seminar on December 4. In a letter addressed to the central bank governor, Hussain expressed regret for his "provocative" comments, which he described as "rash and inconsiderate."

Hussain's apology followed his statements at a seminar organized by the Bangladesh Institute of Bank Management (BIBM). In his letter, he admitted that his remarks may have offended or hurt central bank officials and acknowledged his lapse in judgment.

“I sincerely apologize for some of the unintended comments I made about Bangladesh Bank officials at a seminar at BIBM,” he wrote. Reflecting on the incident, he added, “I realize that my words were rash and inconsiderate, which could hurt or offend the officials of the BB. However, I did not intend to do so. I may not have conveyed what I intended to say properly.”

Hussain further acknowledged the unprofessional nature of his comments, attributing them to an emotional outburst. “I acknowledge that my highly emotional comments as a senior banker were not professional. They were purely my comments, made in the spur of the moment, due to a failure to exercise good judgment. If my comments offended anyone or caused any misunderstanding, I deeply regret and am sorry.” - UNB