2 new DMDs for Mercantile Bank

Shamim Ahmed and Md Nurul Islam have been promoted to deputy managing director (DMD) of Mercantile Bank. 

Prior to the promotion, Ahmed was a senior executive vice president and head of international division while Islam a senior executive vice president and chief financial officer, according to a statement. Ahmed started his banking career with United Commercial Bank in 1992 on attaining honours and master's degrees in statistics from the University of Dhaka. He also worked at Prime Bank.

Islam started his banking career at National Bank in 1988 before moving on Prime Bank. He attained his Bachelor of Commerce and Master of Commerce degrees in accounting from the University of Dhaka.