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UCB appoints Mamdudur Rashid as Managing Director and CEO

Published : Tuesday, 1 October, 2024 at 12:00 AM  Count : 226
Business Desk
 
Mohammad Mamdudur Rashid has been appointed recently as the Managing Director and CEO of United Commercial Bank PLC (UCB).

Mamdud brings three decades of experience in the financial services sector, having most recently served as Managing Director and CEO of NCC Bank PLC, where he played a pivotal role in driving the bank's growth, expanding its foreign trade portfolio and enhancing its reputation in the banking industry, says a press release. 
Under his leadership, NCC Bank achieved several milestones, including recognition as the Best Primary Dealer by Bangladesh Bank and being awarded as the Fastest Growing Brand in 2023 by Global Brand Magazine. His strategic direction also led to the successful introduction of Islamic Banking.

Mamdud's distinguished banking career began in 1995 with Citibank-Bangladesh and spans leadership roles across Bangladesh, India, and Australia. In previous roles, Mamdud served as Additional Managing Director at both UCB and BRAC Bank. He also held the position of Group CFO for BRAC and BRAC International.

He earned an MBA from the Institute of Business Administration (IBA), University of Dhaka, where he was awarded the Vice Chancellor's Gold Medal. He also holds an MA in International Economics and Finance from Brandeis University, USA, as a Fulbright Scholar. He is also a fellow member of CPA Australia (FCPA).

In addition to his banking career, Mamdud taught Finance at IBA and served as a Merchant Mariner, earning the President's Gold Medal at the Marine Academy in 1985.



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