Association of Bankers Bangladesh Elects New Leadership

The Association of Bankers Bangladesh (ABB), the premier platform of top banking professionals, has announced the election of Mashrur Arefin as its new chairman and Mohammad Ali as vice chairman. This change in leadership comes after the resignation of former ABB chairman Selim RF Hussain, who stepped down as managing director and CEO of Brac Bank. Mashrur Arefin, managing director and CEO of City Bank PLC, has been unanimously elected as chairman for the interim period, while Mohammad Ali, managing director and CEO of Pubali Bank, has been elected as vice chairman. Abul Kashem Mohammed Shirin, managing director and CEO of Dutch Bangla Bank, will continue to serve as vice chairman.

Key Takeaways:

  • Mashrur Arefin, managing director and CEO of City Bank PLC, has been elected as the new chairman of ABB for the interim period, bringing over 30 years of banking experience to the role.
  • Mohammad Ali, managing director and CEO of Pubali Bank, has been elected as the new vice chairman of ABB, with a proven track record of leading the bank to unprecedented growth in profitability.
  • Both Mashrur Arefin and Mohammad Ali have held notable positions within ABB prior to their current appointments, with Mashrur Arefin serving as vice chairman for nearly four years and Mohammad Ali as an active member of ABB's governing body.
  • The outgoing ABB chairman, Selim RF Hussain, stepped down as managing director and CEO of Brac Bank, and will be replaced by Mirza Muhaiminul Alam as the new managing director and CEO.
  • Mashrur Arefin began his banking career in 1995 as a management trainee at ANZ Grindlays Bank, working with leading institutions including Standard Chartered Bank in Qatar and American Express Bank.
  • Mohammad Ali joined Pubali Bank in 2008 as CTO, rising through the ranks to become deputy managing director in 2016 and additional managing director in 2020, before being appointed as the bank's MD and CEO.

Statistics:

  • 30 years: the length of Mashrur Arefin's banking career, spanning multiple institutions and leadership roles.
  • 4 years: the duration Mashrur Arefin served as vice chairman of ABB prior to his appointment as chairman.
  • 20 years: the duration Mohammad Ali served with Pubali Bank, rising through the ranks from CTO to MD and CEO.
  • 6 years: the duration Mashrur Arefin has served as the MD and CEO of City Bank PLC.

Sources:

  • Association of Bankers Bangladesh (ABB)
  • City Bank PLC
  • Pubali Bank
  • Brac Bank
  • Dutch Bangla Bank