BAB Appoints Two New Vice Chairmen

The Bangladesh Association of Banks (BAB) has elected two new Vice Chairmen to its Executive Committee, following a unanimous decision taken at its 230th Executive Committee meeting.

The newly elected Vice Chairmen are Mr Rashed Ahmed Chowdhury, Chairman of Mutual Trust Bank PLC, and Mr Sharif Zahir, Chairman of United Commercial Bank PLC. Their appointments were confirmed in a press release issued in connection with the meeting.

The decision was taken unanimously on Tuesday, 5 May 2026, during the 230th Executive Committee meeting of Bangladesh Association of Banks. The meeting was presided over by Mr Abdul Hai Sarker, who serves as Chairman of BAB and also as Chairman of the Board of Directors of Dhaka Bank PLC.

According to the press release, the newly elected Vice Chairmen will assume their responsibilities for the remaining duration of the current tenure, which is scheduled to conclude on 31 December 2026. Their appointments are intended to strengthen the leadership structure of the association during this period.

BAB is a representative body of banks operating in Bangladesh, and its Executive Committee is responsible for key organisational decisions, including leadership appointments and policy-related coordination among member institutions. The Vice Chairmen, as part of the executive leadership, are expected to support the Chairman in carrying out the association’s responsibilities within the banking sector.

Following the announcement, the Committee expressed confidence that the inclusion of the two newly elected Vice Chairmen would further reinforce BAB’s institutional role in the banking sector of Bangladesh. The statement underlined expectations that the leadership team will contribute to the continued functioning and coordination of the association’s activities during the remainder of its term.

Summary of Appointments

NamePositionInstitutionAppointment BodyMeetingTenure End
Rashed Ahmed ChowdhuryVice ChairmanMutual Trust Bank PLCBangladesh Association of Banks230th Executive Committee Meeting31 December 2026
Sharif ZahirVice ChairmanUnited Commercial Bank PLCBangladesh Association of Banks230th Executive Committee Meeting31 December 2026

The meeting concluded with acknowledgement of the unanimous decision and formal confirmation of the new appointments, marking a continuation of the current Executive Committee’s term through the end of 2026.