City Bank gets new DMD

City Bank has recently appointed an official to the post of deputy managing director (DMD).

The appointee, Arup Haider, was serving the bank as a senior executive vice-president and head of retail banking concurrently prior to his new role, the bank said in a press release.

Arup joined City Bank in 2016 and made significant contributions to the growth of its retail banking business.

He transformed the bank's credit and collection processes before assuming the role of head of retail banking in 2018.

His efforts were instrumental in ensuring City Bank's prominence in the credit card business as well.

Additionally, Arup played a key role in making Citytouch, the bank's digital banking platform, one of the most popular platforms for retail banking in the market, shaping its future momentum.

He began his professional banking career as a management trainee officer at Prime Bank in 2003.

He previously worked at BRAC Bank and Standard Chartered, gaining expertise in areas such as SME underwriting and consumer credit.

Arup obtained his bachelor's and master's degrees in economics from the University of Calcutta and completed an MBA from the Institute of Business Administration at the University of Dhaka.