Ali Reza Iftekhar to remain EBL chief till 2019

The board of directors of Eastern Bank has extended the service contract of its CEO Ali Reza Iftekhar till August 2019.

He became the CEO of the bank in 2007, the bank said in a statement.

In his 30-year-long career, Iftekhar has also worked with Standard Chartered Bangladesh and AB Bank, according to the statement.

He achieved CEO of the Year 2012 award by Asian HR Leadership Award, and Credit Specialist Certificate by Omega in UK.

The bank has achieved the Best Retail Bank in Bangladesh from the Asian Banker, the IFC Global Award for the Best Partner for Working Capital Systemic Solution and the Best Financial Institution 2010 at the DHL-Daily Star Bangladesh Business Award.

He was also the chairman of the Association of Bankers, Bangladesh, the highest body for banking professionals in the country.