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Old March 2, 2011, 03:04 PM
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layperson layperson is offline
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Join Date: April 7, 2006
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There is an age limitation for Managing Directors for Private banks. So it does not surprise me to see him being ousted. However what is surprising is why would they let it go on for so long? Did Prof yunus not know about this rule? It is also extremely obvious and shameful that BAL is doing it as a vendetta against Yunus so they keep looking for legal loopholes to get him entagled in. I dont understand why someone educated and knowledgeable like Yunus not know about this age barrier or knowing it did not do anything about it. Why was BB silent for the last 5 years. It is BB's job to implement this weird rule so if anything goverment should investigate the BB and see why it took them 5 yrs to realize an MD is over the age barrier !!!
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