Mesbaul Asif promoted to City Bank DMD, CRO

The City Bank has recently promoted Mesbaul Asif Siddiqui as its new deputy managing director (DMD) and chief risk officer (CRO).

Prior to his new roles, Asif served as the senior executive vice president (SEVP) and head of credit risk management of the same bank, reads a press statement.

In his last position, he made significant contribution in securing City Bank a place among the top 10 banks in Bangladesh in the sustainability rating given by central bank for the last two consecutive years.

He also played a major role in launching the new model of medium business in City Bank with technical consultancy from International Finance Corporation (IFC).

Asif did his MBA in finance from University of Dhaka and MBM from BIBM. He started his career as a management trainee in Eastern Bank in 1999 and worked in different capacities there in corporate banking and branch banking.

Later on, he worked in Commercial Bank of Ceylon for two years. In 2006, he joined the HSBC Bank and worked there for nine years in HSBC’s Bangladesh and Singapore offices in different positions under wholesale banking.

He joined City Bank in 2015 as executive vice president in its corporate banking unit.