Gulzar becomes Standard Bank EC chair
Gulzar Ahmed, director of Standard Bank Limited, has been elected as new chairman of the bank’s executive committee, according to a press release. He was elected for the position in the bank’s 373rd board meeting held on March 30. Gulzar Ahmed is the owner of Apon Jewellers. He is also the chairman of Unique Gold Private Limited, senior vice-president and chairman of the banking and financial standing committee of Bangladesh Jewellers Association. Previously, Gulzar served as president of Baitul Mokarram Babosaye Group and Bangladesh Jewellery Manufacturers and Exporter Association. Bangladesh Jewellery Manufacturers and Exporter Association.
MD of Bengal Commercial Bank reappointed
Bengal Commercial Bank has reappointed as its managing director and CEO. The official, Tarik Morshed, came to office in April 2020. He was earlier serving the Bangladesh Finance and Investment Company Limited (BD Finance) in the same capacities. He started his professional journey at Brac, said a press release. He previously worked in Social Islami Bank Limited (SIBL) where he supervised a project styled “Harkin” on eliminating child labour from the garment sector of Bangladesh jointly with International Labour Organization and United Nations Children’s Fund (Unicef). He was nominated director of the Board of Directors of SIBL Securities Ltd and a nominated director from the SIBL in the board of BELHASA ACCOM JV Ltd under which the Mayor Mohammad Hanif Flyover was constructed. Morshed obtained his honour’s and master’s degrees in management from the University of Rajshahi.
Altaf becomes AMD of Islami Bank
Islami Bank Bangladesh has recently promoted an official to the post of additional managing director. The promotee, Md Altaf Hossain, was earlier serving as a deputy managing director, said a press release. He started his banking career at Islami Bank Bangladesh as vice-president in 2004 and worked in different capacities. Before joining the bank, he worked in Brac, Micro Industries Development Assistance and Services (Midas), South Asia Enterprise Development Facility (Bangladesh) and Grameen Fund for 20 years. He did an MBA from the Institute of Business Administration from the University of Dhaka.
Local and Global Stock Indices *
|Index Name||Close Value||Value Change||Percentage Change|
|FTSE100||$7,634.52|| ↓38.48 ||↓0.50%|
World Commodities *
|Commodity||Close Value||Value Change||Percentage Change|
|Crude Oil (WTI)||$81.08||↑0.37||↑0.46%|
|Crude Oil (Brent)||$85.35||↑0.41||↑0.48%|
Major Currencies Exchange Rates Movement in Last Seven Days *
|USD 1||BDT 106.7500||BDT 107.1800|
*World Commodities & Local and Global Stock Indices data are taken from bloomberg.com<
* Exchange Rates are taken from BB website, as on latest update.<