Mercantile Bank Ltd. has appointed Faruq M. Ahmed as deputy managing director (DMD) of the bank, says a press release.
Prior to joining Mercantile Bank, Ahmed was DMD of AB Bank. The banking expert Ahmed started his career with AB Bank as probationary officer in 1984 after completing his Honours and Masters in Economics from Dhaka University.
During his services with AB Bank, he served in different capacities at home and abroad. He was posted at the Mumbai operation of AB Bank as Country Manager for about five years.
Thereafter he headed the SME division and Credit Risk Management division at Head Office of the bank.
Ahmed so far authored 12 books on economy and banking, share market, accounting, travel and literature.

News: The Independent/ Bangladesh/ May-16-2011