IPDC Finance Limited has appointed Kazi Mahmood Sattar as the new chairman in the 198th meeting of the Board of Directors.
A seasoned-banker with 40 years of experience, Kazi Mahmood Sattar has served in leading positions in multiple banks and financial institutions in both Bangladesh and abroad, a press release said on Sunday.
Sattar started his career with ANZ Grindlays Bank in 1981. Later, he served in banks in Mumbai and Melbourne.
After returning from Australia, he successfully established the country’s first-ever Investment Banking Arm/Corporate Finance Unit while working for the Corporate Banking Division of ANZ Grindlays Bank. In 1995, Sattar rose to the position of head of Corporate and Investment Banking.
Kazi Mahmood Sattar was also the managing director and CEO of two of the leading private commercial banks of the country- Eastern Bank Limited and City Bank Limited.
Until recently he was an independent director and chairman of the Executive Committee of BRAC Bank Limited.
Alongside his new responsibility as the chairman of IPDC, Sattar is currently the chairman of RSA Advisory Limited and Blue Wealth Assets limited. He is also a member of the Board of Directors of bKash Limited.
