Tarek Reaz to join Padma Bank as MD

Tarek Reaz Khan, deputy managing director of Mutual Trust Bank Ltd, is going to join Padma Bank (formerly known as Farmers Bank) as the managing director and chief executive officer.

The Bangladesh Bank approved the appointment last week, said officials of the central bank.

Confirming the matter, Tarek Reaz told The Business Post that he is going to join the Padma Bank in March and the central bank has already approved his appointment.

After completing Masters in Marketing from Dhaka University, Tarek started his career with Beximco Group as a management trainee in 1994.

He started his banking career with the Standard Chartered Bank as a trainee officer in 1997 and worked there
till 2013.

The post of MD and CEO of Padma Bank is now being served by Faisal Ahsan Chowdhury (current charge) after the tenure expiration of Ehsan Khasru.

Ehsan Khasru joined the trouble-hit bank in January 2018 as its managing director and CEO.