Trust Bank gets new MD

Trust Bank last week saw its additional managing director take charge as managing director and CEO as per the decision of its board of directors and approval of Bangladesh Bank.

Faruq Mainuddin took on his new role on February 18, says a press release.

He has served as The City Bank's chief risk officer and chief anti money laundering compliance officer, Mercantile Bank's deputy managing director and AB Bank's country manager in Mumbai.

Attaining his honours and master's degrees in economics from the University of Dhaka, Mainuddin joined AB Bank as a probationary officer in 1984.

He received Bangladesh Bank Gold Medal and BCCI (erstwhile) Gold Medal in the Banking Diploma examination in 1987 for securing the first position.

Mainuddin is also the founder chairman of the Association of Anti Money Laundering Compliance Officers of Banks in Bangladesh and a life member of Bangladesh Economic Association.