Kaiser A Chowdhury made chairman of AB Bank

Kaiser A Chowdhury has been elected chairman of AB Bank PLC.

The election took place during the bank's 813th board meeting, held at its head office in Dhaka recently, according to a press release.

Chowdhury is a seasoned banker with extensive experience as a chief executive officer (CEO) and board member of several banks and financial institutions.

He started his career with ANZ Grindlays Bank in 1975 and worked for over 24 years in key positions before joining One Bank as CEO from 1999 to 2004 and then to AB Bank from 2005 to 2012.  Later, he joined as CEO of Meghna Bank.

Chowdhury has also served in key roles at GSP Finance Company (Bangladesh Limited) and the Bangladesh International Arbitration Centre.

In addition, he was an independent director at Premier Bank PLC and a director of AB Bank PLC.

His extensive and diverse experience, combined with proven leadership and a strong reputation in the financial sector, will bring significant value to the bank, the press release added.

Chowdhury holds a postgraduate degree in economics from the University of Dhaka.