Kafi promoted to DMD of Dhaka Bank

Star Business Desk

Dhaka Bank PLC has promoted SM Abdullah H Kafi to the post of deputy managing director (DMD).

Prior to the promotion, he has been leading internal audit, internal control, and compliance functions, significantly strengthening the bank’s governance and risk management framework, according to a press release.

Kafi joined Dhaka Bank PLC in 2015, bringing over 27 years of extensive experience in governance, risk and compliance (GRC), business transformation, resilience, and central banking.

He began his career in 1999 as an assistant director at Bangladesh Bank.

He later served at Citibank NA as resident vice-president, leading the operational risk and internal control (ORIC) framework and overseeing business resilience risk management for the country franchise.

Subsequently, Kafi joined HSBC Bangladesh as country head of operational risk.

He later assumed the role of head of global internal audit at HSBC Bangladesh, driving risk-based internal audit practices aligned with HSBC Group standards.

Kafi obtained his master’s degree in finance from the University of Dhaka.