City Bank gets new CBO

The City Bank has appointed its Additional Managing Director Sheikh Mohammad Maroof as the new chief business officer (CBO).

As CBO, Maroof will be in charge of all the businesses and new business initiatives of the company including its digital financial programs, the bank said in a press release on Sunday.

Sheikh Mohammad Maroof brings with him over 27 years of experiences in corporate, treasury, SME banking and green and infrastructure financing.

He has played a significant role in bringing forth derivative products, developing of foreign exchange market, money market, merger and acquisition, advisory services, in doing structured finance transactions and in initiation of offshore banking business in Bangladesh.

Maroof started his career in 1995 with American Express Bank, Bangladesh as a management trainee. He later joined City Bank in June 2007.