City Bank makes Aziz Kaiser chair, Hossain Khaled vice-chair

Aziz Al Kaiser, Chairman, City Bank, Hossain Khaled, Vice Chairman, City Bank
Aziz Al Kaiser, Chairman, City Bank, Hossain Khaled, Vice Chairman, City Bank

The City Bank elected its director Aziz Al Kaiser as the chairman and Hossain Khaled as the vice chairman of the bank on Wednesday.

Aziz Al Kaiser is a sponsor director of City Bank. He was its vice chairman for five years and later in 2007, he was elected chairman of the bank and served in that position till 2011. As chairman, he led the bank’s transformation from a traditional institution to a technology and growth driven one. He played a key role in introducing American Express cards in the Bangladesh market and opening brokerage and merchant bank subsidiaries of the bank. He is also credited with launching Citygem, the Priority Banking arm of City Bank and the first international airport Lounge in the private sector for the bank’s card members. He also led the bank’s brand identity changeover project in 2008. Kaiser is a prominent entrepreneur who manages businesses in diverse sectors including manufacturing, service and trading concerns. He is a director of Partex Star Group and chairman and managing director of several Partex Star Group subsidiaries. He is also the chairman of City Bank’s subsidiary in Malaysia - CBL Money Transfer Sdn. Bhd. which has rolled out 11 branches under his leadership.

Hossain Khaled is also a sponsor director of City Bank. He is an executive committee member of the bank’s board and convener of its risk management committee. Khaled is a versatile new-age business personality who is the managing director of Anwar Group and is successfully leading diversified business portfolios including financial services, technology, manufacturing, automobiles, real estate, etc. He is the chairman of City Brokerage Ltd. and former chairman of Bangladesh Finance and Investment Co. Ltd. He is also the vice chairman of BD Finance Capital Holdings Ltd. and director of BD Finance Securities Ltd. Khaled is the immediate past president and current director of Dhaka Chamber of Commerce and Industry (DCCI) and former president of the Entrepreneurs’ Organisation (EO) Bangladesh.