Ahmed Rashid joins BRAC Bank as head of credit risk management

Prothom Alo English Desk | Update:

Ahmed Rashid, head of credit risk management, BRAC BankAhmed Rashid has recently joined BRAC Bank as head of Credit Risk Management (CRM).

Rashid brings with him more than 20 years of diversified experience in the Bangladesh financial sector.

He started his banking career as a management trainee with Eastern Bank (EBL) in 1999. In EBL, he worked in various positions in credit risk management and consumer finance for 10 years. In 2009, he moved to SME banking in EBL as the head of medium business.

In 2011, Rashid joined the International Finance Corporation (IFC) as a financial market specialist. In advisory services across South Asia, he led various sectorial projects in SME banking, weather based Index Insurance, risk management and agri-finance in Bangladesh, Bhutan and Nepal.

In 2014, he joined Mutual Trust Bank (MTBL) as an EVP and head of SME banking. In 2015, Rashid joined IDLC Finance Ltd. as a general manager and head of the SME division. At IDLC, he was also a nominated director in IDLC Securities Ltd. and IDLC Investment Ltd.

He completed his Masters in bank management (MBM) in 1998 from the Bangladesh Institute of Bank Management (BIBM).

BRAC Bank’s managing director and CEO Selim RF Hussain said. “Ahmed Rashid will significantly strengthen both our risk management division and the broader management structure. His immediate focus will be to review and reorganise the SME and retail underwriting functions in order to improve risk management and process efficiency and migrate the same to digital lending platforms.

“I am confident he will lead the CRM function to new heights in their contribution towards the bank’s overall journey towards becoming the Best Bank in Bangladesh.”

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