The Company was incorporated on March 20, 2013 under the Companies Act 1994 as a public company limited by shares for carrying out all types of banking activities with Paid-up Capital of Tk. 400,00,00,000 divided into 40,00,00,000 ordinary shares of Tk.10 each.
The Company was also issued Certificate for Commencement of Business on the same day and was granted license on April 9th, 2013 by Bangladesh Bank under the Banking Companies Act 1991 and started its banking operation on June 20, 2013 at the Dilkusha Corporate Branch. The Principal Branch at Banani started its operations on July 5th, 2013. BACH, BEFTN and SWIFT operations started as envisaged.
Midland Bank PLC. (MDB) is a private commercial Bank in Bangladesh incorporated on March 20, 2013. We seek to be the first choice of our customers as a distinct financial service provider, trusted, respected and valued by all stakeholders within the region and beyond pursuing an endless voyage towards excellence in every respect. The Bank is entitled to carry out the following banking business:
All types of commercial banking activities including Money Market operations.
Investment in Company activities.
Financial Intermediary Services.
Any related Financial Services.
The Company (Bank) operates through its Head Office at Gulshan, Dhaka City and branches along with agent centres across the country. The Company (Bank) carries out international business through a Global Network of Foreign Correspondent Banks.
MDB always strives to continuously provide quality banking service with enhanced customer focus and innovate a wide variety of need based products and services.
We seek to be the first choice of our customers as a distinct financial service provider, trusted, respected and valued by all stakeholders within the region and beyond pursuing an endless voyage towards excellence in every respect.
VISION
We always strive-
To continuously provide quality banking service with enhanced customer focus and innovate a wide variety of need based products with widely popular solutions.
To achieve supremacy in customer service through state-of-the-art delivery channels and user-friendly tools and technology.
To sharpen leadership with the standard of a learning organization well supported by the finest team of banking experts and professionals.
To maintain a healthy and diversified financial profile for inclusive economic growth.
To be a responsible social enterprise by effectively blending commercial pursuits with social banking.
To be the benchmark for the regulators in terms of compliance, corporate governance and ethics.
To build long-term shareholder value with consistent growth momentum.
The ‘Logo’ and Its Meaning
Our logo, first symbolizes the letter ‘M’ in an angular perspective, wherein the letter itself increases in size from left to right indicating our desire to expand as time passes. Second, the shadowy part of the letter ‘M’ reveals the nature of the letter representing concrete pillars, which demonstrate our strong integrity and resistance toward risk exposure and undesired mayhem. As if, standing tall and firmly against all odds, in the tests of unstoppable time and eventually conquering all.
Corporate Values
Customer Centricity
We are a listening and caring partner.
We continuously improve our efficiency to serve customer better.
We focus on solutions and deliver on our promises.
Quality
We strive to exceed expectations.
We take delight in delivering high standards in all areas of operations.
We do not compromise with our service standard.
Togetherness
We value teamwork and work together to succeed.
We support each other in our journey to excellence.
We draw strength from our diversity and synergy.
Integrity
Integrity and ethics is the hallmark of our banking relationship.
We prefer truth, justice and fair-play above all means.
We do business on a win-win proposition.
Responsible Citizenship
We are Tax compliant.
We are committed to corporate governance and internal control and compliance.
We are respectful to the laws and values of the land.
Mutual Respect
We treat our customers and colleagues with respect.
We inspire each individual so that we can make a difference.
We recognize achievement and ensure rewards and fair returns for all.
Building the Future
We believe in real and sustainable benefit.
We are going green to protect our planet and our environment.
We keep building a family with our employees, shareholders, customers and community.
Green Banking
Green Banking is a component of the global initiative by a group of stakeholders to save the environment. Global warming is an issue that needs to be addressed and due to this phenomenon, the state of the environment in Bangladesh is deteriorating. Because of a Bank’s position in the economic system, implementing Green Finance as part of Green Banking can make significant contributions to the transition to resource efficient and low carbon industries. In response to our environmental degradation, MDB shall play an important role by establishing Green Banking and be a front runner as an environmentally responsible bank.
As per guidelines of Bangladesh Bank, in the first phase, MDB will develop Green Banking policies, incorporate Environmental Risks in CRM, initiate in-house Environment Management, introduce Green Finance and Green Marketing, create Climate Risk Fund, utilize online banking, establish consumer awareness, train employees, hold ‘Green Events’ and disclose & report Green Banking activities. In the second phase, it will formulate sector specific environmental policies, develop Green Strategic Planning, set up Green Branches, improve on in-house Environment Management, formulate bank specific ERM, introduce programs to educate clients and publish Green Banking reports. In the third phase, MDB will design and introduce innovative products, publish externally audited Green Banking reports, report to Bangladesh Bank on a quarterly basis and publish annual reports on the bank’s website.
Updates on MDBs progress on Green Banking will be posted on this website periodically.
Message from Chairman
Assalamu Alaikum,
I would like to extend a very warm welcome to everyone and start by quoting the Holy Quran:
“Whoever works righteousness, man or woman, and has faith, verily, to them will We give a new Life, a life that is good and pure, and We will bestow on such their reward according to the best of their actions.” (The Holy Qur’an, 16:97)
By the Grace of almighty Allah, Midland Bank PLC., a fourth generation bank in Bangladesh started its journey on the 9th of April, 2013. Midland Bank is committed to its core vision & missions and plans to be a frontrunner financial institution by providing righteous, honest, fair and ethical business solutions. I believe that prosperity of a bank lies in the prosperity of its customers and stakeholders. Midland Bank PLC. places paramount importance to its customers and deeply committed to provide excellent, innovative and speedy solutions to all customer segments. I have strong belief in our team’s abilities. The bank management at MDB was hand-picked to ensure highest standard of ethics, transparency, fairness, and excellence at all levels. The team will take special care to continuously improve financial soundness, professionalism, corporate integrity and create opportunities for our customers. I am confident our team of experienced and dedicated professional bankers will try their best to achieve what we envisioned.
MDB conducts its business in line with principles of good corporate governance, which forms the basis for sustainable growth. The MDB team is working hard to build a robust financial platform that will offer clients an unmatched convenience and expertise, high quality of service and variety of financial products and services. In addition, MDB maintains sufficient capital, maintains Basel II compliance and all other regulatory requirements as necessary. Our team continually seeks excellence – as an organization, of themselves and communities they serve. Midland Bank PLC. is looking forward to becoming a model bank in the banking industry in the near future.
MDB pays extreme attention to performing Corporate Social Responsibility (CSR) as well. We are a believer in "Allah will deprive usury of all blessing, but will give increase for deeds of charity" (Quran 2: 276) and our CSR goes well beyond charity.
I am confident that with our focus, we will achieve sustainable growth and desired success in the years ahead.
I would like to convey my earnest thanks to our dynamic and generous Board of Directors, shareholders, patrons, business partners and customers. To the auditors, regulatory bodies, Bangladesh Bank, Bangladesh Securities and Exchange Commission, Stock Exchanges and Register of Joint Stock Companies for providing guidelines, rules and regulations for the banks from which we have found proper direction – I sincerely pay my gratitude.
Thank you
Mrs. Nilufer Zafarullah
Chairman
Message from MD & CEO
Midland Bank PLC. embarked on its journey as a new generation bank, with a view to contribute in all segments of the economy of our country, so that sustainable growth can be achieved. We, from the very outset, are determined to render un-parallel financial services to our clients, to build a relation that would exist from generation to generation. Our relentless endeavor shall be to adopt state of the art technology, ensuring smooth, fast and hassle free banking services. Midland Bank PLC. considers its manpower as its most precious asset and strives to enhance its capability to cater to the changing needs of business. We are keen to maintain a ‘Compliant Culture’ in every aspect of banking, not only in respect of regulatory authorities but also shareholders, stakeholders, patrons and well-wishers. As a corporate entity, we believe in only one motto i.e. to provide best services and create value for our clients. We want to be the best home grown bank with international standards.
Sincerely,
Md. Ahsan-uz Zaman
Managing Director & CEO
Mrs. Nilufer Zafarullah is the Chairman of Midland Bank PLC. She was an Honourable Member of 9th and 10th National Parliament of Peoples Republic of Bangladesh. An Architect by professions, Mrs. Zafarullah has contributed to education and development for over 25 years. She is renowned for her humanitarian effort. She is a member of the Board of Trustees of Independent University Bangladesh (IUB) and Chittagong Independent University (CIU). She is also a Director of Hong Kong Shanghai Manjala Textiles PLC. and Donor Trustee of Begum Zebunnesa & Kazi Mahabubullah Jono Kallyan Trust.
As a life member of Zonta International, a worldwide organization for executives in the business profession, Mrs. Nilufer Zafarullah provided her services to improve legal, political, economics, health and professional status of woman at the global and local levels. Her leadership competence was evident when she served Zonta International District 25 comprising of Bangladesh, India, Nepal and Srilanka Area 02 as Director and District 25 as Lt. Governor from 1994-96 and 2006-08 respectively. She also served as the Chairman of the Parliamentary Standing Committee for the Ministry of Foreign Affairs, Government of Bangladesh from 2012-13, in the ninth Parliament.
Mr. Md. Shamsuzzaman, a Nominee Director of Liberty Knitwear Ltd. is the Vice Chairman of Midland Bank PLC. In his previous term, he acted as the Chairman of Risk Management Committee and Member of the Audit Committee of the Bank. He is a Textile Engineer and a prominent industrialist of Bangladesh. He is active in many community development and social service programs. Mr. Shamsuzzaman is the Managing Director of Liberty Knitwear Ltd., Orient Chem-tex Ltd. Micro Fiber Ltd. Midland Knitwear Ltd., A-One Polar Ltd., Tangon Garments Ltd. and Turbingen Chemicals (BD) Ltd.
Master Abul Kashem is the Director of Midland Bank PLC. He is also a Sponsor Director and a member of the Executive Committee of MDB. He has over 26 years of experience in the Iron& Steel industry. He was the highest tax payer in Chittagong District for four times - three consecutive years - 2009, 2010 & 2011 and recently for the year of 2016. He is a member of the Chittagong Seniors’ Club Limited, a life member of Sitakunda Samity Chittagong and Maa-O-Shishu Hospital and also a member of Sitakunda Community Police Committee. He is an Ex-member of the Executive Committee of Bangladesh Ship Breakers and Recyclers Association, Ex-President of Shitalpur High School and Shitalpur Gouchia Madrasha, Shitakunda, Chittagong.
Currently he is associated with the following Organizations :
Chairman :
* K.S. Associates Ltd.
Proprietor :
* MAK Corporation
* Master Steel Re-Rolling Mills
Managing Director :
* Mother Steel Ltd.
Shareholder :
* AIBL Capital Market Services Ltd.
Mr. Kazi Omar Zafar is a Sponsor Director and a member of the Executive Committee of Midland Bank PLC. After completing B.F.A. Degree from Clark University in the USA, Mr. Kazi Omar Zafar started his career as the Managing Director of Refresh 360 Ltd. He is one of the Directors of Hong Kong Shanghai Manjala Textiles Limited. He is an energetic and promising entrepreneur who has numerous business interests in Bangladesh and abroad. Mr. Omar is compassionate about social responsibility and contributes to philanthropic services for the underprivileged women and children. This apart, he has affiliation with a number of social groups. He has visited a good number of countries across the globe on different occasions of businesses. He is a Donor Trustee of Begum Zebunnessa and Kazi Mahabubullah Jono Kallayan Trust.
Currently he is associated with the following Organizations:
Chairman
*Kalypso Ltd.
Director
*Hong Kong Shanghai Manjala Textiles Limited
Managing Director
*Hong Kong Shanghai Manjala Power Limited
Mr. Ahsan Khan Chowdhury is one of the Sponsor Directors and a member of the Executive Committee of the Midland Bank PLC. He is also the Chairman of Risk Management Committee of the Bank. Mr. Chowdhury studied at Wartburg College, USA and joined in PRAN-RFL Group in the year 1992 as Director. He is the Head of Business operation of all enterprises having strong supervising ability and fascination over managing business operations. After sad demise of his father Maj Gen Amjad Khan Chowdhury (Retd.), the renowned entrepreneur and leading spirit of the Group, Mr. Chowdhury is driving the company with his dynamic leadership. He has been elected Chairman and CEO of PRAN-RFL recently. PRAN and RFL are the remarkable two major brands for FMCG and Light Engineering business respectively in Bangladesh. Various companies under this group grabbed Best Exporter’s Trophy this year as well following the success of past years under different categories. As a representation of his good governance in the company, AMCL-PRAN achieved Silver award of “2nd ICSB National Award-2014” for Corporate Governance Excellence. The Group comprises of 49 Companies with more than 80,000 employees working in different sectors.
Mr. Rezaul Karim is a member of the Board of Directors of Midland Bank PLC. as the Nominee Director of Reedisha Knitex Limited. He is also the Chairman of the Executive Committee of the Bank. He is a well-known and respected personality in the business community of Bangladesh for more than 37 years.
Presently he is holding the following portfolios in different organizations :
Chairman
* Board of Trustees, Southeast University Trust
* Bangla Tel Limited
* Jibondhara Solutions Limited
* BD Link Communication Limited
Vice Chairman
* Islami Commercial Insurance Company Limited
Managing Director
* Kohinoor Chemical Company (BD) Limited
* Reedisha Knitex Limited
* P.A. Knit Composite Limited
* Reedisha Texstripe Limited
* Reedisha Spinning Limited
* Reedisha Blended Yarn Limited
* Reedisha Foods & Beverages Limited
* Reedisha Printing and Packaging Limited
Director
* Chartered Life Insurance Company Limited
President
* Bangladesh Cosmetics and Toiletries Manufacturers Association
Adviser
* Banani Society and Gulshan Joggers Society
Member
* Dhaka Chamber of Commerce and Industry (DCCI)
* India-Bangladesh Chamber of Commerce and Industry (IBCCI)
* Bangladesh Textile Mills Association (BTMA)
* Bangladesh Garments Manufacturers and Exporters Association (BGMEA)
* Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA)
* Banani Club Limited
An eminent business personality and industrialist A.K.M. Badiul Alam started his journey as a businessman after completion of B. Com (Hons) and Post Graduation Degree (M. Com) in Management from Department of Management, University of Dhaka. Mr. Alam comes from a respectable family of Kasba, Brahmanbaria. He started his business through establishing a textile weaving industry in 1984. Thereafter, within a couple of years, Mr. Alam made a remarkable progress in business and launched new ventures one after another. All the concerns of Mr. Alam are under the banner of Amtranet Group. He has earned reputation in the RMG sector for quality products, on time shipments and new market exploration.
Mr. Badiul Alam is a member of Board of Directors of Midland Bank PLC. as the Nominee Director of Garments Export Village Ltd. He is also the member of the Bank’s Executive Committee.
Mr. Alam is one of the successful entrepreneurs of the country and worked for National Development keeping the motto in mind to “Convert unemployed population to expert workforce”. He is not only engaged in Garments and Textile Industry but also actively associated with Banking, Insurance, Stock Market, Electricity Generating, Oil Refinery, Medical Services, Technical Educational Institution and many more. He has notable contributions in the socio economic development and in the field of education of the country and established various organizations especially for the welfare of underprivileged society.
He currently holds position in the following establishments :
Chairman :
* Garments Export Village Ltd.
* Power Vantage Wear Ltd.
* Amtranet Ltd.
* Bravo Apparel Manufacturer Ltd.
* Kasba Mohila University & College
* Kasba Poaura High School
Director :
* Shajibazar Power Company Ltd.
* Petromax Refinery Ltd.
* Eden Multicare Hospital Ltd.
* Zenith Islami Life Insurance Ltd.
Founder :
* Badiul Alam Science and Technology Institute
Mr. Hafizur Rahman Sarker is a Member of the Board of Directors of Midland Bank PLC. He represents Beq Knit Limited in the Board. Mr. Sarker is a renowned businessman in Bangladesh who started his career in 1988 having more than 31 years’ experience in the Garments, Textiles and IT sectors. Being an industrialist and member of various business and social organizations like BGMEA, BTMA, DCC, Gulshan Club, Uttara Club, Kurmitola Golf Club and Savar Golf Club (SGC). He has been contributing to the national economy, job creation and socio-economic development of the country and is a well-travelled person and visited Europe, USA, Australia, China, and many Asian countries.
Among others, he is the founder member of the following organizations:
Sponsor Shareholder, Meghna Bank Ltd.
Chairman, Lusaka Group
Managing Director:
* Beq Knit Ltd.
* Beq Fabrics (Pvt.) Ltd.
* Beq Sweaters Ltd.
* C.K. Sweaters Ltd.
* Legato Services Ltd.
Mr. Abdul Momin Mondol is a member of the Board of Directors as well as a member of Executive Committee of the Board of Directors of Midland Bank PLC. as Nominee Director of Mondol Fabrics Limited. He is a well-known personality in RMG business sector in Bangladesh for more than 20 years. He is one of the members of the 11th Bangladesh National Parliament from Bangladesh Awami League from his constituency Sirajganj-5. He was an elected Director of BGMEA during 2011-2012 session.
Presently Mr. Abdul Momin Mondol is the Managing Director of Mondol Group, which is a well reputed and renowned business conglomerate in Bangladesh. Mondol Group is engaged in export business all around the globe for more than 25 years and earned excellence. Mondol Group consists of various sister concern along with a prominent garments accessories manufacturing unit and a member of the Dhaka Stock Exchange namely Mondol Securities Ltd. He has been nominated 4 times as CIP by the Government of the People Republic of Bangladesh. For his contribution to the export of the country, different entities of Mondol Group consecutively awarded with National Export Trophy and other recognitions by the Government. Mr. Abdul Momin Mondol is known as a philanthropist and prominent personality in his locality and to the entire business community.
Currently he is associated with the following organizations:
Managing Director:
Mr. Kazi Raihan Zafar is a Sponsor Director of Midland Bank PLC. He completed B.F.A. Degree from Parsons School of Design, New York, USA. Since returning to Bangladesh, Mr. Zafar is engaged in his family owned Textile business i.e. Hong Kong Shanghai Manjala Textiles Limited (HSMTL) as one of the active Directors. He is also a Director of Hongkong Shanghai Manjala Power Limited (HSMPL). The power company has agreement with GOB to implement offshore LNG Terminal project. Simultaneously, Mr. Zafar is working with various foreign JV partners for the LNG business and for future energy infrastructure business in Bangladesh. Mr. Zafar, is an energetic and promising entrepreneur and apart from his numerous business interests in Bangladesh and abroad, Mr. Zafar is compassionate about social responsibility and contributes to philanthropic services for the underprivileged women and children and has affiliation with a number of social groups. He has visited a good number of countries across the globe for business purpose. He is a donor trustee of Begum Zebunnessa and Kazi Mahabubullah Jono Kallayan Trust.
Currently he is associated with the following organizations:
*Director, Hong Kong Shanghai Manjala Textiles Limited (HSMTL)
*Director, Hongkong Shanghai Manjala Power Limited (HSMPL)
Dr. Mostafizur Rahman is a member of the Board of Directors of Midland Bank PLC. He is acknowledged as a role-model for his breakthrough entrepreneurship in providing complete healthcare services in Bangladesh for the last 37 years.
Dr. Mostafizur Rahman is the founder of Popular Group that engaged in Diagnostic services, Pharmaceuticals Manufacturing, Hospital Services and Medical Education. Currently, he is the Managing Director of the companies within the Group.
Dr. Rahman established Popular Diagnostic Center in June 1983. Now Popular Diagnostic Centre Limited is the synonym of the Center of Patients’ Confidence where thousands of patients are getting appropriate treatment through accurate world class diagnostic services.
He established Popular Pharmaceuticals Limited in 2005. Popular Pharmaceuticals has created new wonder in Bangladesh pharmaceuticals sector within a very short span of time by adding innovative technologies in its manufacturing operations. Popular Pharma has revolutionized the pharmaceutical market of Bangladesh by producing wide range of medicines including High- tech Antibiotics, Insulin, Hormones, Vaccines and Cardiovascular products.
In 2009, he established most modern “Popular Specialized Hospital Limited” with a vision of delivering world-class hospital services to the patients. Afterwards in 2010, he opened another chapter in the history of Popular Group by establishing Popular Medical College and Hospital Ltd. to deliver qualified and knowledgeable physicians for providing updated health services to the people of the country.
His amiable friendly behavior in personal life; his honesty, dedication, perseverance in business and above all, his pleasant personality attracts all. He always loves to work in an exceptional realm other than stereotype. He has engaged himself in different research works apart from rendering health services. In the meantime, he is carrying out research works with John Hopkins University (USA), Nagasaki University (Japan), ICDDRB (Dhaka), and “Dhaka Shishu Haspatal”.
He is also engaged with different social welfare-oriented works besides giving healthcare services. He is the member of executive committee of Bangladesh Private Clinic and Diagnostic Owners’ Association and Executive Committee Member of Bangladesh Association of Pharmaceutical Industries (BAPI), life member of Bangladesh Heart Foundation, Bangladesh Society of Pathologist, Bangladesh Ultra Sonogram Society, Bogra Shomity, Shandhani, Bogra and Lions Club, Lalbagh, Dhaka. He also awarded as Commercially Important Person (CIP) by the Ministry of Industry of the People’s Republic of Bangladesh in 2016.
Mr. Md. Wahid Miah is a Sponsor Director of Midland Bank PLC. He is a very successful businessman and has over 30 years of experience in Textiles, Garments and Jute industry of the country. Under his dynamic Management Karim Jute Spinners Ltd. was awarded 'Agrani Bank Trophy' for being best export performers in 2010 and won the 2011 'National Export Trophy' for the largest exporters of Jute yarn. Mr. Wahid Miah is a humanitarian who is passionately involved in encouraging social awareness. Mr. Wahid regularly donates to educational
institutions and promotes women's education. He is one of the largest donors to Muslim Missions and educational institutions. He is a life member of Faridpur Diabetic Samitee and an Executive Member of Bangladesh Textile Mills Association.
Currently he is associated with the following Organizations :
Managing Director :
* Al Haj Karim Textiles Ltd.
* Abdul Karim Ltd.
* Jobaida Karim Jute Mills Ltd.
* Wahid Construction Ltd.
* Karim Shipping Lines Ltd.
Director:
* Karim Jute Spinners Ltd.
* Hypoid Composite Knit Ltd.
Proprietor :
* Karim Trading
* Jobaida Filling Station
* J.K. Filling Station
* Karim Filling Station
* Karim Shipping Lines
* M/S Md. Wahid Miah
Secretary :
* South Bengal Patrol Pump Owners Association
Secretary General :
* Bangladesh Container Ship Owners Association(BCSOA)
Joint Secretary :
* Bangladesh Petroleum Tankers Owner Association
* Faridpur Muslim Mission, Faridpur
Executive Member:
* Tarar Mela Ishan Memorial School, Faridpur
* Faridpur Club, Faridpur
* Faridpur Chamber of Commerce & Industries
* Shadgan Nessa Mohila Madrasa, Faridpur
* Bangladesh Contractor Association
* Bangladesh Bus-Track Owners Association
* Faridpur Bus Owners Association
* Faridpur Track Owners Association
Member:
* Bangladesh Textiles Mills Association- Standing Committee on:
a. Labour & Law Affairs
b. Logistic & Infrastructure
* Sub-Committee on Arbitration to Mediate Dispute among the member mills
Sponsor & Life Member:
* Heart Foundation, Faridpur
* Sufl Club, Faridpur
* Sandhani Club, Faridpur
* Faridpur Diabetic Shametti
* Faridpur Diabetic Shametti, Faridpur
* Faridpur Muslim Mission, Faridpur
Honorable Member:
* Bangladesh Jute Spinners Association
* Dhaka Club, Dhaka
* India Bangladesh Chamber of Commerce
* Kurmitola Golf Club
Mrs. Shahnaj Parveen is a Member of Board of Directors of Midland Bank PLC. as the Nominee Director of Next Collections Limited.
Currently she is associated with the following organizations:
Executive Director
* Next Collections Limited.
* Bango Engineering Co. Ltd.
Shareholder
* Next Collections Ltd.
* Next Garments Ltd.
Mr. Mohammed Jamal Ullah is one of the Sponsor Directors and member of Audit Committee of Midland Bank PLC. His core business interests includes manufacturing and trading of commodities. He earned notable name and fame in the business community for his integrity, devotion and sincerity for a span of 40 years. Mr. Mohammed Jamal Ullah has a deep affinity and attachment with various sociocultural organizations. He is a life member of Chattogram Maa-O-Shishu Hospital, Chittagong Diabetic General Hospital, Bhatiary Golf & Country Club and Chittagong Boat Club.
Mr. Alhaj Mohammad Helal Miah is a member of Board of Director of Midland Bank PLC. He is also member of the Audit Committee. Having more than 35 years of experience in the textile industry, he has expanded the business in different sectors. Mr. Helal Miah is currently the Chairman & Managing Director of Standard Co. Ltd., Chairman of Amanat Shah Group Ltd., Hazrat Amanat Shah Securities Ltd., Amanat Shah Weaving Processing Ltd., and Hazrat Amanat Shah Spinning Mills Ltd. He is also a Member of the Governors Board at Southeast University, and a Member of the Bangladesh Red Crescent Society, Diabetic Association of Bangladesh, Narsingdi Club, and Narsingdi Foundation. Additionally, he is the President of Bangladesh Lungi Manufacturers, Traders & Exporters.
Mr. Mahbubul Hady Fazle Rab joined the Board of Directors of Midland Bank PLC. with effect from 06 December 2018. He is the member of Board Executive Committee of the Bank. He is a career Banker having diversified experience in Risk Management, Credit Administration, Risk Assessment and Structuring with multi-country experience. Initially he started his job with American Express Bank, Dhaka in 1991 and later served Standard Chartered Bank and Barclays Bank in Dubai in various responsible positions. Before retirement from his 25 years banking career, he served at Al Hilal Bank, Abu Dhabi, UAE as Senior Vice President- Corporate Credit. At present, he is engaged in consultancy through his own firm i.e. RAB Consulting, FZE, RAK, UAE. Mr. Mahbubul Hady Fazle Rab is an MBA with major in Finance from IBA, University of Dhaka.
Mr. Nazimuddin Chowdhury joined the Board of Directors of Midland Bank PLC. with effect from 26 February 2019. He is the chairman of Board Audit Committee. As a veteran Civil Servant, he has experience in working at the highest level of the Government. He served in different ministries in his career which includes Ministry of Agriculture, Defense, Health and Family Welfare, Commerce, Railway, Establishment, ERD, Women and Children Affairs, Home Affairs and Energy and Mineral Resources. Before retirement from the Government Service, he served as the Secretary of Ministry of Energy and Mineral Resources. Mr. Nazimuddin Chowdhury has vast experience in the role Director of different Government and private sector companies which includes Bangladesh Infrastructure Finance Fund Limited (BIFFL) and MJL (BD) Limited. He also served as the Chairman of the Board of Directors of Omera Petroleum Limited.
Mr. Nazimuddin Chowdhury earned his Masters is Arts in History with Honours from University of Dhaka. He has also earned a second Masters degree in Government Financial Management from University of Ulster, Northern Ireland, UK.
Mr. Mohammad Asif-uz-Zaman joined the Board of Directors of Midland Bank PLC. as Independent Director with effect from November 7, 2022.The Independent Director was a veteran Civil Service Officer with experience in working at the highest level of the Government. He served in different ministries and Government Departments in his career which includes Ministry of Primary and Mass Education, ERD- Ministry of Finance, Roads and Highways Department, Bangladesh Railways, Director General in the Civil Audit Directorate and Deputy Accountant General and Chief Accounts Officer at different ministries. He served in the ERD of Ministry of Finance as Joint Secretary w.e.f. 07.01.2010 and elevated to Additional Secretary on 13.01.2014 and continued his service at ERD. He became Secretary on 30.08.2016 and finally promoted to Senior Secretary on 12.02.2019. Mr. Zaman has completed his B.Sc. (Hons) and M.Sc. from University of Dhaka. However, he subsequently completed Post Graduate Diploma in Accounting from University of Ulster, Northern Ireland, UK and Diploma in Audit Learning, IDI Oslo, Norway. Moreover, he served in the ERD of Ministry of Finance for a significant period (from 07.01.2010 to 30.08.2016) and took part and lead in finalization of numerous international financial deals on behalf of the Government of Bangladesh.
Mr. Khandhaker Tanveer Shamsul Islam joined the Board of Directors of Midland Bank PLC. as Independent Director with effect from September 27, 2022. He is a seasoned senior international banker, who has more than 35 years’ experience. He started his banking career in American Express Bank Ltd. as local Management Trainee in Bangladesh in 1983. He also underwent 12 months’ long Global Management Trainee assignment in Bank’s head quarter in New York. In Bangladesh he acted as Senior Director & Head of Corporate Banking and Acting Country Manager at American Express Bank Ltd. in Bangladesh. Subsequently, he worked at ABN ARMO Bank, UAE and Royal Bank of Scotland, Dubai, UAE (after merger) as Vice President and Head of Automotive & Wholesale Banking and Senior Vice President and Head of Credit Portfolio Management and Country Risk Officer respectively. Finally, he worked as Head of Corporate, Commercial Banking and Financial Restructuring and Recovery at Commercial Bank of Dubai, UAE. Mr. Islam is an MBA with major in Finance from IBA, University of Dhaka.
Mr. Md. Ahsan-uz Zaman is the Managing Director & CEO of Midland Bank PLC. Prior to joining MDB, Mr. Ahsan-uz Zaman was working for Mutual Trust Bank (MTB) as Additional Managing Director with responsibility for business catering to companies and individuals, International Trade Services, Information Technology and Alternative Delivery Channels. He initially joined MTB as Deputy Managing Director in July 2009 and was instrumental in developing existing and new client relationships, new business initiatives, assist in recruiting key officers, providing strategic direction and managing risk by chairing various Committees of the Bank. Prior to MTB, Mr. Ahsan-uz Zaman worked for Bank of America in New York, at its Global Wealth and Investment Management Division with responsibility for business across a wide assigned territory. He has diversified banking experience, having worked at home and abroad, serving JP Morgan Chase Bank, Morgan Stanley, BNP Paribas and ANZ Grindlays Bank where he joined as a Management Trainee in Dhaka in 1982. Mr. Ahsan-uz Zaman completed his MBA from the Institute of Business Administration of University of Dhaka and is an accredited mediator. He attended seminars on Risk Management and Capital Markets conducted by BNP Paribas in New York and received credit training conducted by ANZ Grindlays Bank in London, Melbourne and Mumbai including training courses on deposits, operations management, foreign trade, foreign exchange and presentation skills.
Sponsor Shareholders
Mr. Kazi Zafarullah
Mr. Kazi Zafarulla, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Mrs. Nilufer Zafarullah
Mrs. Nilufer Zafarullah, MP is the Chairman of MDB. She is an Honorable Member of 10th Parliament of People’s Republic of Bangladesh.
Mr. Kazi Omar Zafar
Mr. Kazi Omar Zafar is a Sponsor Director and a member of the Executive Committee of Midland Bank PLC.
Ms. Anushka Mehreen Zafar
Ms. Anushka Mehreen Zafar is a Sponsor Director of Midland Bank PLC. She has an M.A. in Health Communication from Emerson College, Boston, USA. After returning to Bangladesh she worked in different Non-Government Organization and contributed in the Health sector of the country.
Kazi Raihan Zafar
Mr. Kazi Raihan Zafar is a Sponsor Director of Midland Bank PLC. He completed B.F.A. Degree from Parsons School of Design, New York, USA.
Dr. Kazi Shahidullah
Dr. Kazi Shahidullah is a Sponsor Director and the Chairman of the Board Audit Committee of Midland Bank PLC.
Mr. Kazi Ekramullah
Mr. Kazi Ekramullah, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Mrs. Sabiha Mahboob
Mrs. Sabiha Mahboob, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Ms. Scherezad Joya Monami Latif
Ms. Scherezad Joya Monami Latif is a Sponsor Director of Midland Bank PLC. She currently serves at the World Bank
Mr. Abdullah Ahmed Yousuf
Mr. Abdullah Ahmed Yousuf is a Sponsor Director of Midland Bank PLC. He is associated with various CSR initiatives.
Late M. Moniruzzaman Khandaker
Mr. Nazib Ahmed
Mr. Nazib Ahmed, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Mrs. Israt Ahmed
Mrs. Ishrat Ahmed, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Dr. Fahmida Haque
Dr. Fahmida Haque, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Late Ela Haque
Mrs. Ela Haque, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Late Niranjan Chandra Saha
Mr. Niranjan Chandra Saha, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Mrs. Salina Maksuda
Mrs. Salina Maksuda, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Mr. Basudev Saha
Mr. Basudav Saha, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Reedisha Knitex Ltd. Rep. by Mr. Rezaul Karim
Mr. Rezaul Karim is a member of the Board of Directors and honorable sponsor of Midland Bank PLC. He is a well-known in the business community of Bangladesh.
Mondol Fabrics Ltd. Rep. by: Late Abdul Majid Mondol, MP
Liberty Knitwear Ltd. Rep. by: Mr. Md. Shamsuzzaman
That's It Sportswear Ltd. Rep. by: Mr. Md. Motaleb Hossain
Refat Garments Ltd. Rep. by: Mr. Md. Belal Hossain
Hazrat Amanat Shah Spinning Mills Ltd. Rep. by: Al-haj Mohammed Helal Miah
Garments Export Village Ltd. Rep. by: Mr. A.K.M. Badiul Alam
Mr. A.K.M. Badiul Alam, one of the honorable sponsor of Midland Bank PLC. He has earned name & fame by voluntary welfare service to his local native people.
Beq Knit Ltd. Rep. by: Ms. Tajbin Nikita Sarker
Badsha Textiles Ltd. Rep. by: Mr. Md. Badsha Mia
Master Abul Kashem
Master Abul Kashem is the Vice Chairman of MDB. He is also a member of the Executive Committee of Midland Bank PLC.
Mr. Mohammad Jamal Ullah
Mr. Mohammad Jamal Ullah, promising industrialist of the country, is one of the honorable sponsor of Midland Bank PLC.
Al-haj Mohammed Issa Badsha
Al-haj Mohammed Issa Badsha is a honorable Sponsor of Midland Bank PLC. He is a renowned businessman of Chittagong region.
Mr. Ahsan Khan Chowdhury
Mr. Ahsan Khan Chowdhury is one of the honorable sponsor of Midland Bank PLC. He is involved in many socio-economic activities to serve the community.
Mr. Md. Wahid Miah
Mr. Md. Wahid Miah, is one of the honorable sponsor of Midland Bank PLC. He is a very successful businessman and has over 30 years of experience in Textiles
Shariah Supervisory Council
Professor Dr. Muhammad Abul Kalam Azad
Chairman
Dr. Mohammad Nazrul Islam Al-Maruf
Member
Mr. N K A Mobin FCA, FCS
Member
Mr. Rezaul Karim
Member
Mr. Md. Ahsan-uz Zaman
Managing Director & CEO
Senior Executives
Md. Ahsan-uz Zaman Managing Director & CEO
Md. Ahsan-uz Zaman
Md. Ahsan-uz Zaman is the Managing Director & CEO of Midland Bank PLC. (MDB). Prior to joining MDB, Ahsan was working for Mutual Trust Bank (MTB) as Additional Managing Director with responsibility for business catering to companies and individuals, International Trade Services, Information Technology and Alternative Delivery Channels. He initially joined MTB as Deputy Managing Director in July 2009 and was instrumental in developing existing and new client relationships, new business initiatives, assist in recruiting key officers, providing strategic direction and managing risk by chairing various Committees of the Bank. Prior to MTB, Ahsan worked for Bank of America in New York, at its Global Wealth and Investment Management Division with responsibility for business across a wide assigned territory. He has diversified banking experience, having worked at home and abroad, serving JPMorgan Chase Bank, Morgan Stanley, BNP Paribas and ANZ Grindlays Bank where he joined as a Management Trainee in Dhaka in 1982. Ahsan completed his MBA from the Institute of Business Administration of University of Dhaka and is an accredited mediator. He attended seminars on Risk Management and Capital Markets conducted by BNP Paribas in New York and received credit training conducted by ANZ Grindlays Bank in London, Melbourne and Mumbai including training courses on deposits, operations management, foreign trade, foreign exchange and presentation skills.
Md. Zahid Hossain Deputy Managing Director
Md. Zahid Hossain
Mr. Md. Zahid Hossain is the Deputy Managing Director (DMD) of Midland Bank PLC. (MDB) with responsibility for Credit Risk and Credit Administration, Central Operations, Special Asset Management and Legal Division. He is also the Bank’s Chief Risk Officer (CRO) and Chief Anti Money Laundering & Compliance Officer (CAMLCO). Prior to taking over his new role, Mr. Hossain served MDB as Senior Executive Vice President heading its Corporate Banking Division. Mr. Hossain, a seasoned Banker with 24 years of hands-on and versatile Banking experience, has in-depth banking expertise with specific concentration in Credit Risk Management (CRM) and other areas covering Corporate Finance, Small & Medium Business, Syndication & Structured Finance and Facility Restructuring. Mr. Hossain completed his Masters of Commerce in Finance securing 1st class from the University of Dhaka. He completed his SSC and HSC from Mirzapur Cadet College. Mr. Hossain started his banking career in Eastern Bank Ltd. (EBL) as 2nd batch Probationary Officer and subsequently served The City Bank Ltd. and Mutual Trust Bank Ltd. in different senior positions.He participated in number of training programmes/ seminars/symposiums on Banking and Finance both at home and abroad.
Senior Management Team
Mr. Md. Ahsan-uz Zaman Managing Director and CEO
Chairman
Mr. Md. Zahid HossainDeputy Managing Director & Chief Risk Officer
Member
Mr. Mohd. Javed Tarek KhanSenior Executive Vice President, Head of Institutional Banking Division
Member
Mr. Khondkar Towfique Hossain Senior Executive Vice President & Head of International Division & NRB
Member
Mr. Md. Nazmul Huda SarkarSenior Executive Vice President & CTO, Head of Information Technology Division
Member
Mr. Md. Rashed AkterSenior Vice President, Head of Retail Distribution Division
Member
Mr. Mohammad Syejuddin AhmmedVice President & Head of ICCD
Member
Mr. Nazmul AhsanVice President & Head of Treasury & Market Risk (Front)
Member
Mr. Khalid Mohammad SharifVice President, Board Division
Company Secretary
Mr. Didarul IslamVice President, Acting Head of Financial Administration Division
Member
Mr. Md. Bajlur Rahman KhanVice President, Acting Head of Credit Risk Management Division
Member
Mr. Md. Zubayed Ur RahmanSenior Assistant Vice President, Head of HRM Division
Bangladesh is deteriorating. Because of a Bank’s position in the economic system, implementing Green Finance as part of Green Banking can make significant contributions to the transition to resource efficient and low carbon industries. In response to our environmental degradation, MDB shall play an important role by establishing Green Banking and be a front runner as an environmentally responsible bank.
Assalamu Alaikum,
I would like to extend a very warm welcome to everyone and start by quoting the Holy Quran:
