BRAC Bank has promoted four senior leadership team members to additional managing director (AMD) and deputy managing director (DMD) posts, effective from 1 April.

Tareq Refat Ullah Khan, DMD and Head of Corporate and Institutional Banking, and Syed Abdul Momen, DMD and Head of SME Banking, have been promoted to AMD, while Nazmur Rahim, Head of Alternate Banking Channels, and Md Muniruzzaman Molla, Head of Operations, have been promoted to the rank of DMD.

Tareq Refat Ullah has played a pivotal role in elevating BRAC Bank’s Corporate and Institutional Banking division from relative obscurity to a position of industry leadership in a relatively short period, read a press release.

His leadership, performance management and transformation agenda have helped triple business volumes and significantly improved portfolio quality. He has rolled out digital payments and trade finance platforms as well as built a high-performing, professional team.

Tareq joined BRAC Bank in 2017 as Head of Credit Risk Management, bringing with him nearly three decades of experience across Eastern Bank, AB Bank, and IFIC Bank— a career marked by performance, integrity, and impact.

With over two decades of multifaceted experience in the banking sector, Syed Abdul Momen has demonstrated leadership across technology, operations, and business verticals, with a particular focus on SME banking.

Since assuming the role of Head of SME Banking at BRAC Bank in July 2017, Momen has re-shaped the bank’s SME business and taken it to the pinnacle of the industry.

Prior to joining BRAC Bank, he had stints in Standard Chartered Bank, ANZ Grindlays Bank and BRAC Afghanistan Bank.

Nazmur Rahim has more than 27 years of corporate experience in different leading banks including AB Bank, Standard Chartered Bank and ANZ Grindlays, where he held important roles including Head of Cards Business, Head of Portfolio, Credit Cards and Consumer Transaction Banking.

Nazmur joined BRAC Bank in 2016. Before his present role as Head of Alternate Banking Channels, he served as the Head of Retail Banking at BRAC Bank.

Muniruzzaman Molla has brought a wealth of experience in banking operations, having held significant leadership roles in local and international institutions.

Before joining BRAC Bank, Munir served as the Head - Country Operations at Habib Bank Limited.

His career commenced in 1993 at ANZ Grindlays Bank, where he gained extensive experience across various branches and International Network Services (INS).

In 2000, Munir joined Citibank NA, where he spent fifteen years in diverse capacities, including Head of Trade, Treasury and FI and Cash Management Operations.

Congratulating the senior leaders on their promotion, BRAC Bank Managing Director and CEO Selim RF Hussain said, “The current Senior Leadership Team has been key to BRAC Bank’s strong growth over the last few years. The four colleagues who have recently been promoted have led the bank’s transformation in Corporate, SME, Operations and Alternate Banking Channels – driving innovation, customer experience and business growth.

“They have taken the Bank from mid-table to the top of the local banking industry, and we are confident they will continue to contribute strongly as the bank aims to become Bangladesh’s largest and most impactful bank.”