New MD of BASIC Bank

Khondokar Md. Iqbal has joined as the new Managing Director (MD) of state owned BASIC Bank Limited on Wednesday (October 01, 2014). Prior to joining here, he was the Managing Director of the state owned Karmasangsthan Bank Ltd.

He started his banking career as a class-1 Officer in Investment Corporation of Bangladesh (ICB) in 1981. During his long banking career he worked in different divisions in ICB and demonstrated outstanding performance in the respective area of operations. He was also the Chief Executive Officer (CEO) of ICB Asset Management Company Limited. He worked as General Manager in Agrani Bank and Sonali Bank Limited. He also worked as CEO of Sonali Bank (UK) Limited and Deputy Managing Director (DMD) of Sonali Bank Limited.

Mr. Iqbal obtained his Honors and Masters degree in Accounting from the University of Dhaka. He also obtained diploma in banking from Institute of Banker’s Bangladesh and in decision base from Stockholm, Sweden. He participated in a number of training programs, Seminar and workshops in home and abroad. He was born in a respectable Muslim family in the district of Barisal.