NRB elects new Chairman for the executive board of directors

Mr Quamrul Islam Chowdhury has recently been elected Chairman of the Executive Committee of the Board of Directors of NRB Bank PLC at a meeting of the Board.
 
Mr Chowdhury is a highly respected and accomplished banker with over four decades of experience in Bangladesh's banking and financial services sector. He served as the Managing Director and CEO of Mercantile Bank PLC from February 2019 to November 2024, leading the bank through significant operational and strategic milestones. Before becoming CEO, he held key leadership positions in the bank, including Additional Managing Director, Deputy Managing Director, Zonal Head of Chattogram Region, and Head of the Main Branch in Dhaka.

Mr Chowdhury began his banking career in 1984 as a Probationary Officer at National Bank Limited. He later served as Senior Assistant Vice President (SAVP) and Head of the Jubilee Road Branch at National Credit & Commerce Bank Limited from 1994 to 2001. In 2001, he joined Mercantile Bank PLC and played a pivotal role in expanding the bank's regional and operational footprint.

Mr Chowdhury's expertise encompasses corporate banking, SME finance, international trade, treasury and liquidity management, credit risk management, and regulatory compliance. His leadership was instrumental in the successful implementation of the Temenos T24 Core Banking System at Mercantile Bank and in maintaining the bank's strong asset quality and governance standards.

He holds a Bachelor of Commerce and a Master of Commerce in Marketing from the University of Dhaka. Throughout his career, Mr. Chowdhury has actively participated in numerous seminars, workshops, and executive leadership development programs, both domestically and internationally. He attended key international programs in the USA, UK, Japan, UAE, Oman, India, Hong Kong, and Malaysia, covering banking operations, risk management, total quality management, and leadership development.

Mr Chowdhury is recognised for his dedication to ethical banking, institutional integrity, and sustainable development. His rich experience and proven track record in strategic leadership make him a valuable asset to the Board of NRB Bank PLC.

Demonstrating its commitment to social responsibility, SaRa has planted 700 trees along the banks of Kadamtoli Lake in Gulshan, Dhaka. The brand believes the initiative will play a meaningful role in preserving nature and improving the environment, and it has pledged to continue such efforts in the future.

Sharifun Reba, Director of Snowtex Group and SaRa Lifestyle, shared, "Over the past seven years, we've been truly grateful to our customers, partners, and team. Their unwavering support and love have inspired us every step of the way. We remain committed to bringing even better experiences in the days ahead."

Founded in May 2018, a sister concern of Snowtex Group, SaRa opened its first outlet in Mirpur-6, Dhaka, followed by a second store at Bashundhara City (Level 1, Block A, Shop 40 and 54). Since then, the brand has expanded to key locations including Mohammadpur (Ring Road, Block F), Uttara (House 22, Sonargaon Janapath, Sector 9), Baridhara (J Block), Banasree (E Block, Road 1), Wari (Rankin Street), Rangpur (Jahaj Company Mor), Rajshahi (United Tower, Rani Bazar), Basabo (East Basabo, Sabujbagh), Bogura (City Center, Jaleshwari Tola), Sylhet (VIP Road, Kumarpara), Feni (Ohab Tower), Barishal (Bibir Pukur Par, Fakir Complex,