Md Obayed Ullah Al Masud

Md Obayed Ullah Al Masud is a Bangladesh banker and Managing Director of Rupali Bank Limited.[1] He is the former Managing Director of Sonali Bank. He is a director of Padma Bank.[2]

Early life and education

Masud completed his Bachelors and Masters in Commerce from the University of Dhaka in 1982.[3] He completed an MBA from the Institute of Business Administration, University of Dhaka in 1988.[3]

Career

Masud joined Agrani Bank in 1983 as a senior officer.[3]

In 2011, Murad became the Deputy Managing Director of Agrani Bank.[3] He then worked as the Managing Director of Karmasangsthan Bank.[4]

From 24 August 2016 to 24 August 2019, Murad was the Managing Director of Sonali Bank.[3] During his term he worked on recovering defaulted loans.[5][6] He also introduced low interest housing loans for government officers.[7]

In January 2017, Murad was elected an executive member of Bangladesh Foreign Exchange Dealers’ Association.[8] 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.[9]

Murad 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. Nation, The New. "Md Obayed Ullah Al Masud, Managing Director and CEO of Rupali Bank Limited, inaugurated the 5-day long". The New Nation. Retrieved 2021-12-10.
  2. "Padma Bank Limited". www.padmabankbd.com. Retrieved 2021-12-10.
  3. "Rupali Bank Ltd". www.rupalibank.org. Retrieved 2021-12-10.
  4. "Obayed joins as Rupali Bank MD and CEO". New Age. Retrieved 2021-12-10.{{cite web}}: CS1 maint: url-status (link)
  5. "Obayed Ullah Al Masud new MD of Rupali Bank | Daily Sun |". daily sun. Retrieved 2021-12-10.{{cite web}}: CS1 maint: url-status (link)
  6. Uddin, AKM Zamir (2019-01-21). "Banks blame influential quarter for rising bad loans". The Daily Star. Retrieved 2021-12-10.
  7. Staff Correspondent (2018-09-26). "Low-interest home loans for govt staff from November". The Daily Star. Retrieved 2021-12-10.
  8. bdreports24 (2017-01-01). "BAFEDA new body formed". Bangladesh Development Reports. Retrieved 2021-12-10.
  9. Report, Star Business (2019-08-21). "Sonali, Rupali MDs swap seats, Agrani's MD unchanged". The Daily Star. Retrieved 2021-12-10.
  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. sun, daily. "Obayed Ullah Al Masud new MD of Rupali Bank | Daily Sun |". daily sun. Retrieved 2021-12-10.
  13. Staff Correspondent; bdnews24.com. "Retired bureaucrat Hedayetullah Al Mamoon appointed Janata Bank chairman". bdnews24.com. Retrieved 2021-12-10.
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