IDLC Investments appoints new Managing Director

Mesbah Uddin Ahmed has been appointed as the Managing Director of IDLC Investments Limited, effective immediately.

This appointment follows the board's recommendation and approval from the Bangladesh Securities and Exchange Commission (BSEC).

Mesbah Uddin Ahmed, who had previously been serving as Deputy Managing Director (DMD) and Head of Retail Business at IDLC Finance PLC since August 1, 2024, brings a wealth of experience and an impressive track record in the financial sector to his new role.With over 29 years of corporate experience, including 25 years in banking, Mesbah Uddin Ahmed joined IDLC in 2010 as the Head of Structured Finance and Corporate-Dhaka Region. During his 13-year tenure, he has significantly contributed to the organisation, demonstrating exceptional leadership and strategic acumen.

Before IDLC, Mesbah Uddin Ahmed served as Head of Syndication and Structured Finance at Dhaka Bank Limited and held other key positions at National Bank Limited and One Bank Limited. He began his career in sales and marketing at Singapore Airlines in 1995.Mesbah Uddin Ahmed's contributions extend beyond the corporate sector. He is an active member of several social institutions, including the Baridhara Cosmopolitan Club and Rotary Club of Dhaka Mahanogor.

He holds an MBA from the London University of Technology and Research (1998) and a master's in finance and Banking from the University of Dhaka (1991).

"We are confident in Mesbah Uddin Ahmed's leadership and vision to drive the continued success of IDLC Investments Limited, further strengthening its position in the financial sector," said M Jamal Uddin, CEO and Managing Director of IDLC Finance PLC.