Nazmus Saadat promoted to DMD of Social Islami Bank


FE Team | Published: October 30, 2024 22:29:54


Nazmus Saadat promoted to DMD of Social Islami Bank


Md. Nazmus Saadat has been appointed as the Deputy Managing Director of Social Islami Bank PLC, bringing with him an impressive 27-year legacy in Islami banking, says a statement.
Starting off his career in 1995 as a probationary officer at Islami Bank Bangladesh Limited, Mr. Saadat served with distinction across various departments of Local Office & Foreign Exchange Branch of the institution for 12 years.
His expertise was further demonstrated in Al-Arafah Islami Bank, where he successfully held leadership roles as the Manager of Dilkusha and Motijheel Branch, and Head of Marketing &Business Development Division, and Corporate Investment Division of Head Office.
Since joining Social Islami Bank in 2014, Mr. Saadat has skilfully led the Investment Risk Management Division and served as the Manager of Principal Branch.
After the hostile takeover of the bank by S Alam Group in 2017, Mr. Saadat resigned from SIBPLC in 2020 in order to avoid various anomalies. After that, he worked as a financial advisor of Monno Group. He was also Independent Director and Chairman of the Audit Committee of Monno Fabrics Limited, and Monno Agro & General Machinery.

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