Mustafizur Rahman re-appointed as MD of MIDAS Financing

Mustafizur Rahman has been re-appointed as the managing director of MIDAS Financing PLC, a non-bank financial institution in the country, for a term of 2 years and 9 months, effective from May 2 this year.

The re-appointment was confirmed at the NBFI's 375th board of directors' meeting held at its head office in Dhaka recently, according to a press release.

Rahman initially joined the institution as managing director on May 2, 2019.

He commenced his professional career at IDLC Finance Limited in July 1988, serving in various capacities throughout his tenure.

Over his 37-year career in the financial sector, he has worked with several leading non-bank financial institutions, including Lanka Bangla Finance Limited, Union Capital Limited, Premier Leasing & Finance Limited, and CVC Finance Limited.

Rahman has served as managing director and chief executive officer at various NBFIs for the past 16 years.

He earned his bachelor's degree in economics from the University of Dhaka in 1983, followed by an MBA from the Institute of Business Administration at the same university in 1987.