Rashed Chowdhury has been elected as the chairman of Mutual Trust Bank (MTB), according to a statement.
Prior to assuming this role, Mr Chowdhury was the vice chairman of the board and the chairman of the board executive committee of the bank.
He is the chairman of ABC Building Products Limited and Banga Garments Ltd., director of Associated Builders Corporation Ltd. (ABC) and ABC Real Estate Ltd. Earlier, he also served as the chairman of the board of directors of MTB from 2014 to 2016. He is a founder trustee and former chairman of the board of trustees of Independent University, Bangladesh (IUB). Mr. Chowdhury obtained a post-graduate degree from Kingston University, UK. He is also a member of the Chartered Management Institute, UK.
Dr. Arif Dowla has been elected as the vice chairman of MTB.
Prior to assuming this role, Dr. Dowla served as the chairman of the board of directors of MTB from January 2012 to February 2014.
He is the managing director of Advanced Chemical Industries (ACI) Limited and Stochastic Logic Limited. He is the chairman of ACI-CO-RO Bangladesh Ltd. and vice chairman of ACI Healthcare Ltd. He is also the director of various companies under the ACI Group.
He holds a Ph.D. in Mathematics from the University of California, San Diego, USA, and is a member of the American Mathematical Society. Dr. Dowla was honoured as a Young Global Leader by the World Economic Forum in 2009 and currently serves as the Honorary Consul for Belgium in Bangladesh.