Citibank, N.A. has recently appointed Rashed Maqsood as its managing director and Citi Country Officer for Bangladesh.

Prior to the new role, he held the position of country business manager of the bank in December 2010. He was the head of global transaction services for Citi in Indonesia for three years before he took up the new role in Bangladesh, said a press release.

Maqsood started his 18-year banking career with Citi in 1995 as a relationship manager before going on to lead the newly established Corporate Banking Business franchise in Bangladesh.

He is a strong supporter of various CSR initiatives including financial education for the youth and Bangladeshi culture and music. He is also involved with the initiatives supported by the Citi Foundation – the philanthropic arm of Citi and also oversees the Corporate Affairs function. In Bangladesh, he successfully rolled out Citi’s flagship initiative – the Citi Microentrepreneurship Award for three consecutive years, the statement said.

He received an MBA majoring in Finance from the Institute of Business Administration (IBA) of Dhaka University and attended various international senior leadership programs across Asia Pacific and Europe.

Source: daily-sun, Bangladesh/ March 11, 2011