Iftekhar named 'Best Banking CEO of the Year'

Ali Reza Iftekhar, managing director and CEO of Eastern Bank Limited (EBL), has been awarded the prestigious ‘Best Banking CEO of the Year, Bangladesh 2022’ by the Singapore-based business magazine World Business Outlook (WBO).

The business magazine lauded EBL CEO for his role in all-round performance of EBL in 2020-21. WBO also termed Iftekhar as an avid promoter of sustainable development of Bangladesh economy, said a press release.

"It is our honour to adorn Mr. Ali Reza Iftekhar with the title. He is popularly considered as the longest-serving Managing Director of the banking industry in Bangladesh. He is credited for introducing international best practices and ethical banking at EBL. He transformed EBL into a leading financial brand in Bangladesh," said Ujal Nair, editor of World Business Outlook, in the felicitation note.

Ali Reza Iftekhar said, "EBL's key regulatory ratios in 2021 clearly show our commitment to stakeholders. I would like to extend my appreciation and gratitude to the chairman of the board of directors for his sagacity and stewardship and the entire board of directors for their invaluable feedback, continued support, and trust in me and my team."

"Our aim is to leverage our combined strengths in banking to offer holistic and seamless solutions across business segments."