New chairman for AB Bank

MA Awal has recently been elected as the chairman of AB Bank, the bank said in a press release yesterday.

The election took place at a meeting of the board of directors of the bank.

The bank also elected Feroz Ahmed as its vice chairman.

Awal joined the bank as a director in 2008. He has over 40 years of experience in senior positions in different banks.  He is also a director of AB International Finance Ltd, Hong Kong.

Ahmed is the chairman of Elite Paint Group and managing director of Elite International Ltd, according to the press release.