The City Bank Limited announced that MD & CEO Mr. Sohail R.K. Hussain has resigned from his post and the Board of Directors of the Bank has accepted it with immediate effect from January 16, 2019. Subsequently Mr. S M Mashrur Arefin, AMD & COO has been appointed as the MD & CEO of the Bank subject to approval of Bangladesh Bank. Till the final approval is received from Bangladesh Bank, Mr. S M Mashrur Arefin, AMD & COO will act as MD & CEO (In-Charge) of the City Bank Ltd. from January 17, 2019.