BRAC Bank PLC announced that Md Mahiul Islam, head of retail banking, and Ahmed Rashid Joy, head of credit risk management, have been promoted to deputy managing director at BRAC Bank, according to a statement. The promotions will be effective from December 1, 2023. Mr. Mahiul Islam joined BRAC Bank as head of retail banking in December 2019.

He is a graduate of the Independent University Bangladesh and has over 25 years of banking experience, with more than two decades at Standard Chartered Bank in Bangladesh. Mr. Ahmed Rashid Joy joined BRAC Bank as head of credit risk management (CRM) in October 2019. Joy started his banking career as a management trainee with Eastern Bank and has also worked at the IFC, Mutual Trust Bank and IDLC Finance in his 25 years of career.

He completed his Masters in Bank Management (MBM) from Bangladesh Institute of Bank Management (BIBM).