Abul Quasem new chairman of BA Exchange Company, UK


FE Team | Published: November 23, 2023 22:49:35


Abul Quasem new chairman of BA Exchange Company, UK


Md Abul Quasem, an independent director of Bank Asia Limited, has recently been elected as chairman of BA Exchange Company (UK) Limited, a fully-owned subsidiary of the bank, said a press release.
Mr Quasem completed his BSS (Hons) and MSS in Economics from the University of Dhaka. He attended many national and international training programmes.
Mr Quasem started his career with Bangladesh Bank as an Assistant Director in 1976 and concluded the same as deputy governor in 2016.
During his about 40 years tenure with Bangladesh Bank, he performed responsibilities in many departments like Currency Management, Payment System, Accounts & Budgeting, Human Resources, SME & Special Programmes, Agricultural Credit, Communications & Printing, Expenditure Management, Research, Statistics, Central Bank Strengthening Project (CBSP), Bangladesh Financial Intelligence Unit (BFIU) etc.
He signed the 1st Memorandum of Understanding (MoU) with Bank Negara Malaysia on behalf of Anti-Money Laundering Department (AMLD) which is now Bangladesh Financial Intelligence Unit (BFIU) and conducted money laundering investigation in the United Kingdom (UK) with Scotland Yard.
He was instrumental in the Road-Show organised by Bangladesh Bank with other commercial banks, across Bangladesh to popularize SME lending, making wage earners aware of the benefits of sending remittances through banking channel and negative sides of Money Laundering.

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