DHAKA: Shamim Ahmed and Dr Md Nurul Islam have been promoted as Deputy Managing Director (DMD) of Mercantile Bank Limited, said a press release issued Sunday (September 1). 

Prior to this, Shamim Ahmed was the Senior Executive Vice President (SEVP) & Head of International Division and Dr Md Nurul Islam was the Senior Executive Vice President (SEVP) & Chief Financial Officer (CFO) of the bank. 

Shamim Ahmed started his banking career with United Commercial Bank Limited in 1992 after completion of Honors' & Masters in Statistics from University of Dhaka. Afterward, he joined Prime Bank in 1995 and worked in different positions. He joined Mercantile Bank in 1999 and worked at Foreign Trade, Remittance, Treasury, Anti Money Laundering & CFT, Off-shore Banking Unit and Head of Branch in Mercantile Bank. He was selected as a Trainer for outreach training program on Foreign Exchange Risk Management designed for the Training of Trainers arranged by Bangladesh Bank Training Institute and South Asia Enterprise Development Facility (SEDF). He participated in a good number of training programs at home and abroad. He is the son of eminent banker Serajul Islam, ex GM, Janata Bank & ex MD (CC), UCBL. 

Dr Md Nurul Islam, a seasoned banker, started banking career with National Bank Ltd in 1988. Later he moved to Prime Bank Ltd when it established in 1995 & afterward he has joined in Mercantile Bank Ltd at the time of the bank's inception in 1999. He served in different capacities both at Head Office & branch of the bank such as Head of the Bank's Financial Administration Division, General Banking Division, SME Financing Division & Head of Branch in Mercantile Bank Ltd. 

During his 30 years of versatile banking career, he made significant contributions for the development and growth of the banking industries and participated in a good number of training programs, seminars on banking and finance both at home and abroad. He was born in Nichintapur village under Hajiganj upazila of Chandpur district. He completed his B.Com (Hon's) & M.Com in Accounting from University of Dhaka in 1979 & pursued PhD in SME Financing. He, a Diplomaed Associate of Institute of Bankers, Bangladesh, completed CA course from The Institute of Chartered Accountants of Bangladesh & earned a certificate on Military Science from University of Dhaka. He is an examiner of Banking Diploma Examination holds under Institute of Bankers Bangladesh.

BDST: 1247 HRS, SEPT 1, 2019
SI