SM Abdul Hamid, senior executive vice-president of IFIC Bank has been promoted to Deputy Managing Director (DMD) of the bank recently.

Prior to the new position, he was senior executive vice-president and chief financial officer (CFO) of IFIC Bank. He joined the bank in 1983, said a press release Tuesday.

Hamid is a fellow member of the Institute of Chartered Accountants of Bangladesh (ICAB) and an associate of Institute of Bankers of Bangladesh.