5:16 pm - Thursday May 23, 9005

Rumee Ali joins as BIAC CEO

Muhammad A. (Rumee) Ali joined Bangladesh International Arbitration Centre (BIAC) as Chief Executive Officer on Thursday, October 01, 2015.

Muhammad A. (Rumee) Ali started his career with ANZ Grindlays Bank in Bangladesh in 1975 after completing Masters in Economics from the University of Dhaka. In 1997, he was appointed CEO of the Bank’s Bangladesh operations.

His career with ANZ Grindlays included stints with their offices in Mumbai, London and Melbourne. In 2000, ANZ in Bangladesh was taken over by the Standard Chartered Group, and Muhammad A.(Rumee) AliRumee Ali continued as the CEO, Bangladesh of the combined operations of the two Banks.  In November, 2002 he joined Bangladesh Bank as Deputy Governor and was responsible for driving the regulatory reforms in the banking sector, especially in the Risk Management and Corporate Governance areas.

From January, 2007 Rumee Ali served as Managing Director, Enterprises & Investments at BRAC.  During this period he was Chairman of BRAC Bank Ltd. and Chairman of bKash Limited.  He also served as a member of the Board of BRAC and BRAC International. He is a member of the Technical Advisory Committee of the Bangladesh Investment Climate Fund; Alliance for Bangladesh Workers Safety (USA). He served on the boards of Global Alliance for Banking on Values and Performance Based Funds Initiative of IFC/World Bank Washington.

He was made a Fellow of the Institute of Bankers, Bangladesh in 2001 and participated in many international forums as key- note speaker and panelist.