Mati ul Hasan has recently been promoted as the additional managing director of Mercantile Bank, the bank said in a press release.

Prior to the promotion, he had been serving the bank as deputy managing director.

Hasan started his career as a probationary officer in IFIC Bank in 1984, according to the statement.

He had also served IFIC Bank in its branches in Pakistan and Nepal. He completed his diploma in banking from The Institute of Bankers, Bangladesh, the bank said.