SIBL gets chairman, CEO

Social Islami Bank Limited (SIBL) on Tuesday named Md. Mahbub ul Alam as new Chairman and Zafar Alam as new Managing Director & CEO of the bank. 

According to a statement from the bank, Md. Mahbub ul Alam joined SIBL as Chairman on 21 December 2021. Prior to join SIBL as Chairman, he served First Security Islami Bank Ltd as advisor and Islami Bank Bangladesh Ltd as MD & CEO.

Mahbub started his career at Islami Bank Bangladesh Ltd. as Probationary Officer in 1984 and became MD & CEO of the Bank. In his long 37 years banking career, he achieved
numerous accolades and milestones including ‘Best Emerging CEO in Islamic Banking-2018’ and 'CEO of the Year-2019' award in World Islamic Banking conferred by UK-based Cambridge International Financial Advisory.

He completed B. Com. (Hons) and M.Com. in Marketing from University of Dhaka. He is a graduate in Finance of International Trade (FIT) from Business School of Ireland. He also obtained Professional Doctoral Certificate in Banking from European International
University, Paris.

On the other hand, Zafar Alam joined SIBL as Managing Director & CEO on 21 December 2021. Prior to join SIBL as MD & CEO, he served Bangladesh Commerce Bank Limited as Additional Managing Director and Social Islami Bank Limited too as Deputy
Managing Director.