Dhaka Bank PLC has recently announced the appointment of internationally experienced banker Osman Ershad Faiz as its new Managing Director and Chief Executive Officer (CEO). With over three decades of experience in global banking, Faiz is expected to play a pivotal role in strengthening the bank’s competitive positioning and navigating the increasingly complex financial and technology-driven landscape.
Faiz brings extensive expertise in banking strategy, operations, digital transformation, core banking platforms, and fintech solutions. Prior to this appointment, he served as Deputy Managing Director and Chief Operating Officer at Eastern Bank PLC from January 2025, overseeing operational excellence and digital initiatives.
A summary of his international experience is outlined below:
| Institution & Position | Responsibilities & Tenure |
|---|---|
| AMTD Digital | Chief Information & Operating Officer |
| Standard Chartered Bank, Singapore | Managing Director & Chief Operating Officer |
| Standard Chartered Bank, Eastern Hemisphere | Chief Information Officer, Wholesale Banking |
| Singapore Clearing House Association | Director (5 years) |
In addition, Faiz is the co-founder of Asia FiiT, a Singapore-based fintech and banking advisory firm, and has received international recognition for his contributions to technology and inclusive leadership. In 2023, he was honoured with the “Legend” award at the World CIO 200 Summit and has repeatedly featured in the HERoes Global Role Model list.
Educationally, Faiz holds a BA (Honours) and MBA from Aligarh Muslim University, and has undertaken executive education programmes at INSEAD and the Saïd Business School, University of Oxford. He began his professional career in 1993 as a management trainee at American Express, marking the start of a distinguished journey in banking.
Commenting on the appointment, Dhaka Bank Chairman Abdul Hai Sarkar said:
“At a time when the Bangladeshi banking sector demands strong leadership, disciplined execution, and technology-driven transformation, Osman Ershad Faiz is ideally positioned to accelerate our strategic objectives, strengthen the balance sheet, expand digital capabilities, and foster SME growth.”
Faiz expressed his enthusiasm, stating:
“I am honoured by the trust placed in me by the board. My focus will be on strengthening trust among customers and regulators, modernising platforms and processes, and enhancing the quality of personal, business, and institutional services. I also aim to contribute to the broader development of the industry and community engagement.”
Established in 1995, Dhaka Bank is one of Bangladesh’s leading private banks, offering a comprehensive range of services including corporate, retail, commercial, SME, and Islamic banking. Through its subsidiaries, Dhaka Bank Securities Limited and Dhaka Bank Investment Limited, the bank also provides capital market and merchant banking services.