BRAC Bank promotes four senior leaders to AMD, DMD positions

BRAC Bank has announced the promotion of four senior leadership team members to the positions of Additional Managing Director (AMD) and Deputy Managing Director (DMD), effective 1 April 2025.

Tareq Refat Ullah Khan, DMD & Head of Corporate & Institutional Banking, and Syed Abdul Momen, DMD & Head of SME Banking, have been promoted to Additional Managing Directors. Nazmur Rahim, Head of Alternate Banking Channels, and Md. Muniruzzaman Molla, Head of Operations, have been promoted to Deputy Managing Directors.

Tareq Refat Ullah Khan has been instrumental in transforming BRAC Bank's Corporate & Institutional Banking division into an industry leader. Under his leadership, the division's business volumes have tripled, while portfolio quality has improved significantly. His focus on digital payments and trade finance platforms has strengthened BRAC Bank's market position. Tareq joined the bank in 2017 and brought with him nearly three decades of experience from Eastern Bank, AB Bank, and IFIC Bank.

With over 20 years of experience in the banking sector, Syed Abdul Momen (Tomal) has played a significant role in shaping BRAC Bank's SME Banking division since 2017. His efforts have elevated the bank's SME business to the top of the industry. Before joining BRAC Bank, Tomal held various roles at Standard Chartered Bank, ANZ Grindlays Bank, and BRAC Afghanistan Bank.

Nazmur Rahim brings more than 27 years of experience in banking, having held key roles at AB Bank, Standard Chartered Bank, and ANZ Grindlays. Since joining BRAC Bank in 2016, Nazmur has contributed to the development of the bank's Alternate Banking Channels. He previously served as Head of Retail Banking at BRAC Bank.

Md. Muniruzzaman Molla brings a wealth of experience in banking operations. Prior to joining BRAC Bank, Munir held leadership positions at Habib Bank Limited and Citibank N.A., where he gained extensive experience across various branches and international services. He joined BRAC Bank in 2021 and has since overseen the bank's operations with a focus on enhancing service quality and efficiency.

Congratulating the newly promoted executives, Selim R. F. Hussain, Managing Director and CEO of BRAC Bank, stated, "The current Senior Leadership Team has been crucial to BRAC Bank's strong growth in recent years. The four leaders who have been promoted have driven innovation, customer experience, and business growth, taking the bank from mid-tier to a leading position in the local banking industry. We are confident they will continue to make a significant impact as we aim to become Bangladesh's largest and most impactful bank."