Md Shahabuddin resigned from the board of directors of Islami Bank Bangladesh Limited (IBBL). IBBL Managing Director Muhammad Munirul Mawla told UNB that Shahabuddin resigned from the bank on Sunday after the ruling Awami League nominated him for the post of president, according to UNB. On behalf of JMC Builders, Chittagong, he was appointed as the director of the bank in June 2017, and was subsequently appointed as the vice chairman.