Mercantile Bank gets new DMD

Mercantile Bank PLC has appointed Md Zahid Hossain as a deputy managing director (DMD) and chief business officer (CBO).

Hossain previously served Bank Asia PLC as the senior executive vice-president and divisional head, the bank said in a press release.

With over 29 years of experience in the banking sector, he has developed expertise in business development with a significant focus on corporate banking, asset quality and risk management, operations management, compliance and control, mentoring and people development, and market expansion into unexplored territories.

He began his banking career at Eastern Bank as a probationary officer in 1996.

Later, he joined Bank Asia and worked in different capacities for over 21 years of service.

He obtained his honours degree and master's degree in finance and banking from the University of Dhaka.

He did an MBA and a Doctor of Business Administration (DBA) from the Institute of Business Administration from the same university.