AB Bank gets two new vice-chairmen

Feroz Ahmed and Md Fazlur Rahman were recently elected as vice-chairmen of AB Bank PLC at the 802nd board meeting of the bank.

Ahmed was serving the bank as a director, said a press release.

He is chairman of Elite Paint Group and managing director of Elite International Limited, Hexagon Chemical Complex Limited and Ahmed Securities Services.

Apart from business activities, Ahmed is also engaged with various sociocultural, philanthropic and sports organisations.

He is a member of the board of trustees of Chittagong Independent University and Chittagong Metropolitan Sports Association.

He is a life member of Chittagong Zila Krira Sangstha, Red Crescent Society, Chittagong, and Maa O Shishu Hospital in Chattogram.

Rahman, the other newly elected vice-chairman, had joined AB Bank as a director on October 9 this year. Before taking on this role, he was chairman of AB Investment Limited and AB Securities Limited.

He served the bank as its president and managing director from April 2012 to January 2014, with his visionary leadership guiding the institution through pivotal financial milestones.

His leadership has been instrumental in steering organisations through short-term market fluctuations while ensuring sustainable long-term growth.

A chartered accountant with an MBA in banking, Rahman is recognised for his profound understanding of banking operations, strategic planning and financial analysis.