Business Desk :
Sheikh Mohammad Ashfaque, Head of Branches, has been promoted to Deputy Managing Director (DMD) at BRAC Bank.
The promotion takes effect from April 1, 2024, according to a media release.
Ashfaque leads the distribution network comprising 187 branches and 40 Sub-branches. He also looks after Premium Banking, Branch Corporate and Government Relations segments.
He has been a cornerstone in expanding the Distribution Network and pivotal in the bank’s deposit growth during challenging times, the release says.
As a homegrown talent to become the Deputy Managing Director, Mr Ashfaque’s journey with BRAC Bank began in 2006. His extensive experiences across Branch, Corporate, and Retail Banking and involvement in strategic planning have been invaluable. A graduate of the University of Dhaka with an MBA from North South University, Mr Ashfaque is also a trained professional from the MIT Sloan School of Management.
