Brac Bank gets new DMD

Brac Bank has recently witnessed the appointment of a new deputy managing director. 

The appointee, Syed Abdul Momen, has served as head of the small and medium enterprises (SME) banking division, says a press release.

Joining in 2005, he worked in the technology division for two years before moving to Brac Afghanistan Bank for two years.

Upon returning in 2009, he joined as head of SME Collection Project.

He became head of Small Business in July 2010 and got the responsibility of the entire SME Banking Division in 2017.

Momen started his banking career in 1999 with the then ANZ Grindlays Bank which was later acquired by Standard Chartered Bank in 2000.

He obtained a BSC degree in computer communications and IT from Middlesex University.

"In the last few years, Momen has taken our SME business to new heights - doubling the lending portfolio, improving the portfolio quality, and growing the deposit book," said Managing Director and CEO Selim RF Hussain.