Mututal Trust Bank Bank elects Chairman and Vice Chairman
Rashed Chowdhury has been appointed Chairman of MTB. Before this position, he served as Vice Chairman of the Board and chaired the Bank's Executive Committee.
Mr Chowdhury also chairs ABC Building Products Limited and Banga Garments Ltd. and holds the position of Director at Associated Builders Corporation Ltd. (ABC) and ABC Real Estate Ltd. Previously, he was Chairman of MTB's Board of Directors from 2014 to 2016, a Founder Trustee and former Chairman of the Board of Trustees at Independent University, Bangladesh (IUB), a founding member and past President of Cadet College Club Limited, and a member of the Management Committee for Ispahani Islamia Eye Institute and Hospital (IIEI&H).
Mr Chowdhury earned his postgraduate degree from Kingston University, UK, and is a member of the Chartered Management Institute, UK.
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Dr. Arif Dowla has been elected Vice Chairman of Mutual Trust Bank PLC (MTB). Before this, he served as chairman of the MTB Board of Directors from January 2012 to February 2014. Dr. Dowla is the Managing Director of Advanced Chemical Industries (ACI) Limited and Stochastic Logic Limited. He also chairs ACI-CO-RO Bangladesh Ltd., is Vice Chairman of ACI Healthcare Ltd., and serves as a Director for various companies within the ACI Group.
He received his Ph.D. in Mathematics from the University of California, San Diego, USA, and is a member of the American Mathematical Society. In 2009, the World Economic Forum named him a Young Global Leader. Additionally, he is the Honorary Consul for Belgium in Bangladesh and serves on the Board of Governors of the Society for Promotion of Bangladesh Art (SPBA).
These decisions were made during the bank's 320th Board of Directors meeting, which took place on April 30, 2025.
