Anis Ahmed elected chairman of Eastern Bank

Anis Ahmed has been elected as the chairman of Eastern Bank PLC (EBL) with effect from today.

Prior to his election as chairman, Anis served as a member of the bank’s executive committee and, earlier, as the chairman of the risk management committee.

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He is the founder and group chief executive officer of MGH Group, a Singapore-based multinational conglomerate operating in 26 countries.

The group’s diverse global portfolio includes supply chain solutions for major fast-fashion, e-commerce, automotive, and electronics brands; private container terminals; Bangladesh’s first foreign joint venture airline, scheduled to launch in 2026; distributorship of airline global distribution systems; logistics; food and beverage retail; and financial services.

A founder of the bootstrapped startups Obhai, a ride-sharing platform; Waadaa.Insure, an insurtech company; and Jatra, an accommodation aggregation platform, Ahmed has actively supported Bangladeshi innovation and technology-driven enterprises over the past decade.

According to Anis, “Today EBL has entered a new era of banking where the board will actively facilitate the ascension of women-led senior leadership, digital transformation, and the evolution of EBL into a daily lifestyle brand for our customers, built on the bank's rock-solid financial strengths.”

Ahmed’s gratitude for the July Revolution resulted in the immediate extension of support to 268 July Freedom Fighters through Suhana and the Anis Ahmed Foundation.