Tarique Afzal, Managing Director of AB Bank, has resigned from his position, citing health issues, senior bank officials confirmed.

Afzal, who was on leave, submitted his resignation from Canada on Friday.

Syed Mizanur Rahman, the bank’s Additional Managing Director, has taken over as acting MD pending the central bank’s formal approval of the resignation.

Afzal joined AB Bank in 2018 as Deputy Managing Director and was promoted to Managing Director in July 2019. His tenure was marked by controversy over his political involvement, including membership in the Awami League’s international subcommittee.