Md. Afzal Karim

Md. Afzal Karim is a Bangladeshi banker and managing director of Sonali Bank Limited.[1][2] Sonali Bank is the largest state owned bank in Bangladesh.[3] He is the former managing director of Bangladesh House Building Finance Corporation.[4] He is the chairperson of the executive committee of Bangladesh Foreign Exchange Dealers' Association.[5] He is a director of Central Depository Bangladesh Limited.

Early life

Karim was born in Mehendiganj Upazila, Barisal District.[6] Karim completed his bachelors in mechanical engineering at the Khulna University of Engineering and Technology.[7] He did a diploma from Bangladesh Institute of Management.[7]

Career

Karim joined Bangladesh House Building Finance Corporation in 1995 as the Senior Principal Officer.[8] He would go on to become general manager of Bangladesh House Building Finance Corporation.[8] He worked at Sena Kallyan Sangstha and Bangladesh Tea Board.[8]

In 2015, Karim was the general manager of operations of the Bangladesh House Building Finance Corporation when he joined Bangladesh Krishi Bank as general manager.[9]

From 2018 to 2020, Karim was the deputy managing director of Bangladesh Krishi Bank.[8] In 2020, he disbursed 945 loans from the state owned bank which met only 29 percent of its disbursement target.[10] He received an Integrity Award for his service by the Financial Institutions Department of the Ministry of Finance.[8][11] He is a member of the Bangladesh Association of Banks.[12]

On 3 March 2021, Karim was appointed managing director of Bangladesh House Building Finance Corporation; he was serving as the deputy managing director of Sonali Bank Limited.[8] He signed a customer service agreement with Islami Bank Bangladesh Limited in August 2021.[13]

Karim was appointed managing director of Sonali Bank Limited on 28 August 2022.[7] He replaced Ataur Rahman Prodhan.[14] He was appointed to the post for a three year term.[15] He signed an agreement with Md. Monzur Mofiz, managing director of One Bank Limited so that Sonali Bank could use its financial app 'OK Wallet'.[16] He is a director of Central Depository Bangladesh Limited.[17] He is a director of Padma Bank Limited.[18] He is the chairman of Bangladesh Foreign Exchange Dealers' Association.[19]

References
  1. "Afzal Karim takes over as CEO, MD of Sonali Bank". The Financial Express. Retrieved 20 October 2022.
  2. "Afzal joins Sonali Bank as MD". The Daily Star. 29 August 2022. Retrieved 20 October 2022.
  3. "Sonali Bank Limited". Banglapedia. Retrieved 20 October 2022.
  4. "Afzal Karim new Managing Director of BHBFC". Daily Sun. Retrieved 20 October 2022.
  5. "::BAFEDA::". www.bafeda.org.bd. Retrieved 20 October 2022.
  6. "Afzal Karim new Managing Director of BHBFC". bangladeshpost.net. Retrieved 20 October 2022.
  7. "Md Afzal Karim joins Sonali Bank as CEO & MD". The Business Standard. 28 August 2022. Retrieved 20 October 2022.
  8. "Md Afzal Karim joins BHBFC Managing Director". The Business Standard. 3 March 2021. Retrieved 20 October 2022.
  9. "Afzal Karim BKB new GM". The Daily Observer. Retrieved 20 October 2022.
  10. "Loans for CMS sector should be simplified". The Daily Star. 30 July 2020. Retrieved 20 October 2022.
  11. "BHBFC MD selected for Integrity Award". businesspostbd.com. Retrieved 20 October 2022.
  12. "ABBD". abbd.org. Retrieved 20 October 2022.
  13. "Islami Bank Bangladesh Ltd: News & Events". www.islamibankbd.com. Retrieved 20 October 2022.
  14. "Sonali, Agrani, Rupali banks get new MDs - City News". The Daily Observer. Retrieved 20 October 2022.
  15. "One Bank inks agreement with Sonali Bank". Dhaka Tribune. 25 September 2022. Retrieved 20 October 2022.
  16. "Sonali Bank, One Bank sign an agreement". The Asian Age. Bangladesh. Retrieved 20 October 2022.
  17. "Board of Directors | CDBL". www.cdbl.com.bd. Retrieved 20 October 2022.
  18. "Padma Bank Limited". www.padmabankbd.com. Retrieved 20 October 2022.
  19. "Dollar made a bit cheaper for importers". The Daily Star. 27 September 2022. Retrieved 20 October 2022.
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