New chief for BIAC
Muhammad A (Rumee) Ali joined Bangladesh International Arbitration Centre as chief executive officer on October 1, the centre said in a statement yesterday.
Ali started his career with ANZ Grindlays Bank in Bangladesh in 1975 and became chief executive of the bank's local operations in 1997.
In 2000, ANZ in Bangladesh was taken over by the Standard Chartered Group, and Ali continued as the CEO for Bangladesh of the combined operations of the two Banks, according to the statement.
He joined Bangladesh Bank as deputy governor in 2002 and five years later he took over as managing director of enterprises and investments at Brac.
He was the chairman of Brac Bank and bKash and also sat on the board of Brac and Brac International.
He is a member of the technical advisory committee of Bangladesh Investment Climate Fund, and Alliance for Bangladesh Workers Safety (USA).
Ali also served on the boards of Global Alliance for Banking on Values and Performance Based Funds Initiative of IFC/World Bank, Washington.
Ali was made a fellow of the Institute of Bankers, Bangladesh and is an economics graduate of Dhaka University.
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