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Jaiz Bank appoints new MD

By on November 20, 2013

Jaiz Bank Plc has announced the appointed of Muhammad Nurul Islam from the Islami Bank Bangladesh Limited as its new managing director/chief executive to steer its affairs and better position the bank to realise its vision of being the “dominant non-interest financial services provider in sub-Saharan Africa.”

Until his current appointment, Nurul Islam was a deputy managing director at the Islami Bank Bangladesh. He takes over from Hassan Usman, who had been acting managing director of Jaiz Bank since April.

A statement from the bank said Nurul Islam would be coming with vast knowledge of non-interest Islamic banking experience garnered for over three decades.

He joined the Islami Bank Bangladesh Limited on the March 30, 1983 as an officer and within a decade he rose to the position of Assistant Vice President (AVP) in 1993, Vice President 1996, Senior Vice President (SVP) in 2000, Executive Vice President (EVP) in 2003, and then Deputy Managing Director (DMD) on February 10, 2010, a position he held until his appointment as MD/CEO by Jaiz Bank PLC.
Prior to joining IBBL, he served at Agrani Bank Ltd from 1976 to 1983 as a Computer Professional recruited through IBM worldwide Corporation, USA.

He is a member of many professional associations, including Life Member, Association of the Bankers’ Bangladesh. He holds Masters in Business Administration from the Institute of Business Administration (IBA), University of Dhaka in 1982, with a major in finance. He obtained a first class honour division in his MBA.
He has attended several professional training and seminars in many parts of the world, including “Lending Risk Analysis”

Seminar at Citi Bank School of Banking, New York, USA under the Financial Sector Reforms Project of the Central Bank of Bangladesh which was funded by World Bank and USAID. A programme of which, he came top amongst all the selected participating bankers. He also attended training in Business Process Re-engineering organised by Center for International Cooperation for Computerisation (CICC), Tokyo, Japan.

 

 

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