Md. Ahsan-uz Zaman joined Midland Bank Limited (MDBL) as Managing Director and CEO.

Prior to joining MDBL, Ahsan was working for Mutual Trust Bank (MTB) as Additional Managing Director. He joined MTB as Deputy Managing Director in July 2009 and contributed to the overall development and progress of the bank.

Prior to joining MTB, Ahsan worked for Bank of America in New York at its Global Wealth and Investment Management Division with responsibility for business across a wide assigned territory.

He has gained diversified banking experience by working at home and abroad. He served JPMorgan Chase Bank, Morgan Stanley, BNP Paribas and ANZ Grindlays Bank where he joined as a Management Trainee in Dhaka in 1982.

Ahsan completed his MBA from the Institute of Business Administration of University of Dhaka.

He attended seminars on Risk Management and Capital Markets conducted by BNP Paribas in New York and received credit training conducted by ANZ Grindlays Bank in London, Melbourne and Mumbai. 

Dhaka: The Half-Yearly Managers’ Conference-2014 of Bangladesh Commerce Bank Limited (BCBL) was held on 12/07/2014 in UTC Convention Hall, Unique Trade Center, 8 Panthapath, Dhaka, informed by the authority.
The CEO & Managing Director Abu Sadek Md. Sohel presided over the meeting. Md. Yousuf Ali Howlader, Chairman of the Board of Directors of BCBL was present in the meeting as the Chief Guest. S.M. Aminur Rahman and Dr. Md. Zillur Rahman, Director of the Board of Directors of BCBL was present in the meeting as the Special Guest. Among others, Managers from 43 Branches of BCBL as well as Executives of Head Office were also present in the conference.

The Anti Corruption Commission (ACC) is waiting for the Bangladesh Bank’s instruction to probe the alleged financial irregularities in the BASIC Bank. 
ACC Chairman M Badiuzzaman told this to The Independent yesterday. “We are yet to receive any instruction from the central bank for investigating the BASIC Bank loan scams,” said the ACC Chairman. After receiving the central bank’s order, the ACC will proceed with the process to initiate investigation into the matter, he added.
The central bank on Sunday sought the ACC’s assistance to investigate allegations of embezzlement against Sheikh Abdul Hye Bacchu, chairman of the recently dissolved board of the state-run bank. 
Bangladesh Bank general manager AFM Asaduzzaman said the central bank will give necessary instructions to the ACC soon for conducting probe into the BASIC Bank’s financial irregularities. 
The central bank plans to provide the reports of all financial irregularities of the BASIC Bank, including the recent one, to the ACC for further investigation, he added.
The move was taken to restore financial discipline of the bank, said the BB general manager.
The last time, ACC collected reports from the central bank on BASIC Bank in the middle of last year. “Now, we have more detail information, which we are planning to submit to the Commission for further investigation,” he 
also said.
Bangladesh Bank (BB) governor Dr Atiur Rahman on Sunday issued the directive when the newly appointed members of the Basic Bank's board of directors led by its chairman Alauddin A Majid called on him at BB headquarters, Asad also said.
While talking with the new chairman and board of directors of BASIC Bank, the governor also instructed the bank authorities to take stern action against its corrupt officials who had helped a vested quarter to swindle out Tk 4,500 crore from the bank.
The central bank has issued 11-point directives to the new BASIC Bank board asking it to implement those in an urgent basis," said BB executive director SM Moniruzzman at a media briefing on Sunday.
“These directives were issued to improve the financial health of the state-owned bank. 
The financial health of the bank continued to deteriorate in the wake of corruption and  irregularities in loan disbursement, also said the BB executive.
Earlier on July 6, the government dissolved the seven-member BASIC Bank board and appointed Alauddin A Majid as its chairman apparently to comply with the central bank recommendation. Later, it also appointed four new directors for the bank.

 City Bank recently signed an agreement with Trans-Fast Worldwide Money Transfer LLC, USA.

As per the agreement, customers will be able to send money from any part of the world by using Trans-Fast’s widely spread network to any of City Bank branches across the country, said a press release. Shiekh Mohammad Maroof, Deputy Managing Director and Head of Wholesale Banking of City Bank and Mohammad Khairuzzaman, Country Head of Trans-Fast, Bangladesh signed the agreement in Dhaka. Mashrur Arefin, Deputy Managing Director and COO, Swapan Kumar Dutta, Vice President and Senior Manager of City Bank, Nur-E-Ferdoushi, Marketing Manager of Trans-Fast, Bangladesh, and senior officials from both the organisations were present on the occasion.

 NBL Money Transfer Inc USA, a wholly-owned subsidiary of National Bank Limited launched its operations in USA recently.

Dipu Haque, Director of NBL Money Transfer Inc inaugurated the branch, said a press release.

Jonas Khan Sikder, Director of National Bank Ltd was present at the launching ceremony as special guest while Shamsul Huda Khan, Additional Managing Director, National Bank presided over the ceremony.

While speaking, Dipu Haque urged Bangladeshi expatriates to remit their hard-earned money through “NBL Quick Pay”, a web-based money transfer solution developed by National Bank Limited.

Jonas Khan Sikder, Director of National Bank Limited emphasised on sending money in legal and secured way and requested the attending Bangladeshi expatriates to avail “NBL Quick Pay” service from the counter of NBL Money Transfer Inc, USA.