Press Release

Mohammad Mamdudur Rashid is new Managing Director & CEO of NCC Bank

Mr. Mohammad Mamdudur Rashid joined as new Managing Director & CEO of NCC Bank on Monday (28 December, 2020). Prior to joining NCCBL, Mr. Rashid was serving as the Additional Managing Director (Business) of United Commercial Bank Limited. He was also an Independent Director and Chairman of the Board’s Audit Committee of IPDC Finance Limited. He is a seasoned professional with 31 years of experience, primarily in the fields of Finance and Banking in both global and local markets across several cultures in Bangladesh, India, and Australia & New Zealand.

Mr. Rashid also worked as Group CFO of BRAC and BRAC International, prior to which he worked as the Additional Managing Director (Wholesale Banking/SME Businesses and Treasury) of BRAC Bank Limited. In his banking career, Mr. Rashid managed almost all functional areas covering Business (Corporate & SME), Finance, Operations, Risk Management (Credit, Market & Operational), Compliance, Human Resources and General Services. Earlier, he was the Head of Planning for Citibank-Australia and New Zealand for its Corporate & Institutional Banking Business. He also served as Director of BRAC EPL Stock Brokerage Limited, UCB Capital Management Limited and UCB Investment Ltd.

Educated and trained internationally, Mr. Rashid earned his MBA (Finance) from IBA of Dhaka University (DU) and MA in International Economics & Finance from Brandeis University, USA. He is also a FCPA (Australia). He received Vice Chancellor’s Gold Medal at IBA (DU) in 1989 and President’s Gold Medal at Marine Academy in 1985. In his multifaceted career, Mr. Rashid was a Mariner in his early professional life and also a Lecturer of Finance at IBA (DU).