Bangladeshi banker
Md Obayed Ullah Al Masud is a Bangladeshi banker who was the Managing Director of Sonali Bank and Rupali Bank. He was a director of Padma Bank.[1]As of Oct 6,2024 he is the Chairman of Islami Bank.
Early life and education
Masud completed his Bachelors and Masters in Commerce from the University of Dhaka in 1982.[2] He completed an MBA from the Institute of Business Administration, University of Dhaka in 1988.[2]
Career
Masud joined Agrani Bank in 1983 as a senior officer.[2]
In 2011, Masud became the Deputy Managing Director of Agrani Bank.[2] He then worked as the Managing Director of Karmasangsthan Bank.[3]
From 24 August 2016 to 24 August 2019, Masud was the Managing Director of Sonali Bank.[2] During his term he worked on recovering defaulted loans.[4][5] He also introduced low interest housing loans for government officers.[6]
In January 2017, Masud was elected an executive member of Bangladesh Foreign Exchange Dealers' Association.[7] On 21 August 2019, he was appointed Managing Director of Rupali Bank and Ataur Rahman Prodhan replaced him as the Managing Director of Sonali Bank.[8] He retired from Rupali Bank on 27th August 2022.[9]
Masud represents Rupali Bank at the Metropolitan Chamber of Commerce and Industry.[10] During his tenure, Rupali Bank received criticism for a very generous rescheduling plan for loan defaulter Mother Textile.[11]
Personal life
Masud's brother, Hedayetullah Al Mamun, was the chairman of Janata Bank, a state-owned bank.[12][13]
References
