Md Obayed Ullah Al Masud is a Bangladeshi banker who was the Managing Director of Sonali Bank and Rupali Bank. He is a director of Padma Bank.[1]

Early life and education

Masud completed his Bachelors and Masters in Commerce from the University of Dhaka in 1982.[2] He completed an MBA from the Institute of Business Administration, University of Dhaka in 1988.[2]

Career

Masud joined Agrani Bank in 1983 as a senior officer.[2]

In 2011, Masud became the Deputy Managing Director of Agrani Bank.[2] He then worked as the Managing Director of Karmasangsthan Bank.[3]

From 24 August 2016 to 24 August 2019, Masud was the Managing Director of Sonali Bank.[2] During his term he worked on recovering defaulted loans.[4][5] He also introduced low interest housing loans for government officers.[6]

In January 2017, Masud was elected an executive member of Bangladesh Foreign Exchange Dealers' Association.[7] On 21 August 2019, he was appointed Managing Director of Rupali Bank and Ataur Rahman Prodhan replaced him as the Managing Director of Sonali Bank.[8] He retired from Rupali Bank on 27th August 2022.[9]

Masud represents Rupali Bank at the Metropolitan Chamber of Commerce and Industry.[10] During his tenure, Rupali Bank received criticism for a very generous rescheduling plan for loan defaulter Mother Textile.[11]

Personal life

Masud's brother, Hedayetullah Al Mamun, is the chairman of Janata Bank, a state-owned bank.[12][13]

References

  1. ↑ "Padma Bank Limited". www.padmabankbd.com. Retrieved 2021-12-10.
  2. 1 2 3 4 5 "Rupali Bank Ltd". www.rupalibank.org. Retrieved 2021-12-10.
  3. ↑ "Obayed joins as Rupali Bank MD and CEO". New Age. Retrieved 2021-12-10.
  4. ↑ "Obayed Ullah Al Masud new MD of Rupali Bank". Daily Sun. Retrieved 2021-12-10.
  5. ↑ Uddin, AKM Zamir (2019-01-21). "Banks blame influential quarter for rising bad loans". The Daily Star. Retrieved 2021-12-10.
  6. ↑ "Low-interest home loans for govt staff from November". The Daily Star. 2018-09-26. Retrieved 2021-12-10.
  7. ↑ "BAFEDA new body formed". Bangladesh Development Reports. 2017-01-01. Retrieved 2021-12-10.
  8. ↑ "Sonali, Rupali MDs swap seats, Agrani's MD unchanged". The Daily Star. 2019-08-21. Retrieved 2021-12-10.
  9. ↑ "Mohammad Jahangir appointed new MD of Rupali Bank". The Business Standard. 2022-08-14.
  10. ↑ Dhaka, MCCI. "Rupali Bank Limited". Metropolitan Chamber of Commerce & Industry, Dhaka (MCCI). Retrieved 2021-12-10.
  11. ↑ Uddin, AKM Zamir (2019-10-05). "Outrageous offer for a defaulter". The Daily Star. Retrieved 2021-12-10.
  12. ↑ "Obayed Ullah Al Masud new MD of Rupali Bank". Daily Sun. Retrieved 2021-12-10.
  13. ↑ "Retired bureaucrat Hedayetullah Al Mamoon appointed Janata Bank chairman". bdnews24.com. Retrieved 2021-12-10.
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