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AB Bank gets new vice chairmen

December 13, 2024 00:00:00


Feroz Ahmed and Md Fazlur Rahman have been elected vice chairmen of the Board of Directors of AB Bank PLC at the 802nd board meeting held on December 10, says a statement.

Firoz Ahmed served as a director of the bank's Board of Directors. He is also the Chairman of Elite Paint Group and Managing Director of Elite International Limited, Hexagon Chemical Complex Limited and Ahmed Securities Services.

Apart from business activities, Mr. Ahmed is also engaged with various socio-cultural, philanthropic and sports organisations.

Mr. Ahmed is a member of Board of Trustees of Chittagong Independent University and Chittagong Metropolitan Sports Association. He is also a life member of Chittagong Zila Krira Sangstha, Red Crescent Society, Chittagong and Maa O Shishu Haspatal, Chittagong.

Fazlur Rahman, the other vice chairman, joined AB Bank Board as Director on October 9, 2024. Before joining this role, he was the chairman of AB Investment Limited and AB Securities Limited.

He served as President and Managing Director of AB Bank from April 2012 to January 2014, where his visionary leadership guided the institution through pivotal financial milestones.

A Chartered Accountant with an MBA in banking, Mr. Rahman is recognised for his profound understanding of banking operations, strategic planning, and financial analysis.

His leadership has been instrumental in steering organisations through short-term market fluctuations while ensuring sustainable long-term growth.


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