SIBL gets new chairman, MD

Md Mahbub ul Alam

Social Islami Bank Ltd (SIBL) yesterday witnessed the appointment of a new chairman alongside the promotion of a deputy managing director to the post of managing director.

The new chairman, Md Mahbub ul Alam, earlier served First Security Islami Bank as an adviser and Islami Bank Bangladesh Ltd (IBBL) as managing director and chief executive officer, according to a press release.

He started his banking career with the IBBL as a probationary officer in 1984 on attaining bachelor's and master's degrees in marketing from the University of Dhaka.

Zafar Alam

The new managing director, Zafar Alam, earlier worked at Bangladesh Commerce Bank as additional managing director.

He started his career with the IBBL as a probationary officer in 1992 on attaining a diploma in Islamic banking from the Islami Bank Training & Research Academy.