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New country director for Commercial Bank of Ceylon

New country director for Commercial Bank of Ceylon

Ajith Naranpanawe has recently been appointed as the country manager for Bangladesh operations of the Commercial Bank of Ceylon PLC (CBC). The appointment will come into effect from December 26,…

Shahjalal Bank gets new MD

Shahjalal Bank gets new MD

Farman R Chowdhury has recently joined Shahjalal Islami Bank Ltd as managing director, the bank said in a statement. Chowdhury served One Bank Ltd as managing director before joining Shahjalal…

IFIC bank wants to build rural network

IFIC bank wants to build rural network

IFIC Bank, a first generation private commercial bank, plans to set up a subsidiary to deliver quality financial services at a low cost, especially for the rural people. “Our bank…

Westin Hotel gets new GM

Westin Hotel gets new GM

Daniel Muhor has been appointed as General Manger of Westin Dhaka – a five-star hotel in Dhaka. Daniel, an Australian national born in Geelong, Victoria, was educated at The Geelong…

German chamber, GIZ to set up school for garment workers, managers

German chamber, GIZ to set up school for garment workers, managers

German development agency GIZ and Bangladesh German Chamber of Commerce and Industry (BGCCI) will set up a training school to produce skilled workers and mid-level managers for the garment sector.…

Rupali Chowdury elected Foreign Chamber President

Rupali Chowdury elected Foreign Chamber President

Rupali Chowdhury, Managing Director of Berger Paints, and Geoff Strong, president of Chevron Bangladesh, were respectively elected president and vice president of Foreign Investors’ Chamber of Commerce and Industries for…

Capital market is going through a transitional period

Capital market is going through a transitional period

Mohammad A Hafiz, President of the Bangladesh Merchant Bankers’ Association, has said the conditions imposed by the government for the refinancing scheme are too tough for the merchant banks to…

Ananda Shipyard and Slipways Limited

Ananda Shipyard and Slipways Limited

Ananda Shipyard and Slipways Limited (ASSL) initially as ananda Builders Limited (ABL), had been instituted as an engineering company in 1983 by visionary Naval Architect Dr. Abdullahel Bari and his wife…

Mark Wong new MD of KAFCO

Mark Wong new MD of KAFCO

Mark Wong has recently been appointed chief executive officer of Karnaphuli Fertiliser Company Ltd, Kafco said in a statement on 5 November 2013. Before Kafco, Wong worked with the Finnish…

New CEO in Robi in Jan next

New  CEO in Robi  in Jan next

Supun Weerasinghe has been appointed as Chief Executive Officer of Robi Axiata with effect from 1 January 2014. Supun will replace out-going Robi CEO Michael Kuehner, who has decided to…