Syed Mahbubur Rahman, Managing Director and CEO of BRAC Bank, seen after receiving “The Asian Banker Leadership Achievement Award” for Bangladesh recently.

BRAC Bank has won the prestigious “The Best Managed Bank Award” for achievement in the period of 2011-2013.

Besides, Managing Director and CEO of the bank Syed Mahbubur Rahman has been accorded with “The Asian Banker Leadership Achievement Award” for Bangladesh, said a press release.

Syed Mahbubur Rahman formally received the awards at The Asian Banker Summit 2013 at Ritz Carlton Jakarta in Indonesia recently. The Asian Banker Leadership Achievement Award is widely acknowledged by the financial services industry as the highest possible accolade available to professionals in the industry as recognised in the Asia Pacific and Gulf regions.

The recognition is a special one as it is given only once in every three years for excellence in banking.

More than 1,000 senior bankers from 20 countries across the Asia Pacific region attended the Asian Banker Summit, which is Asia’s foremost event on transformational issues in the financial services industry.

The award is accorded through a completely independent evaluation by a panel of global leaders and subject matter experts as advisors.

Singapore-based The Asian Banker is regarded as one of Asia’s leading consultancies in financial services research, bench-marking and intelligence.

After receiving the award, Syed Mahbubur Rahman, said, “This is an honor for all of us, all 8,000 people at BRAC Bank. We consider this international recognition as impetus to reach new height.”

“We have set an example locally and globally in financial inclusion through SME Financing. While we continue to focus on SME Banking and maintain our leadership position, we will thrive for excellence in other areas too,” he added.