Shahid Hossain joined Social Islami Bank (SIBL) as chief executive officer on Wednesday. The bank also promoted Tarik Morshed as its additional managing director.

Prior to joining SIBL, Hossain had been serving Southeast Bank as managing director since January 9, 2013. He joined Southeast Bank as senior vice president in 2003, SIBL said in a statement.

Hossain started his banking career as a probationary officer with National Bank in 1983. He completed his MSS in political science from Dhaka University in 1980.

Prior to the promotion, Morshed had been serving SIBL as deputy managing director, according to the statement.

Morshed has been with SIBL since its inception in 1995. He holds a master's degree in management from Rajshahi University. He started his career with Brac.

[In a news item on Star Business yesterday, the photo of Tarik Morshed was mistakenly published as the CEO of Social Islami Bank. We regret the error.]