New MD of Standard Bank

Mamun-Ur-Rashid has recently been promoted to managing director of Standard Bank Ltd, the bank said in a statement yesterday.

He started his 34-year-long banking career with National Bank as a probationary officer in 1984, according to the statement.  He has also worked with NCC Bank, Prime Bank, United Commercial Bank (UCB) and Premier Bank. He joined SBL as deputy managing director in 2013. Prior joining SBL, he also served UCB and Premier Bank as deputy managing director.