
Board of Directors of City Bank PLC elected director Hossain Khaled as the new chairman of the Bank at a meeting on Sunday, said a press release.
Hossain Khaled is a sponsor director of City Bank.
He served as the vice-chairman of the bank for seven years. Additionally, he is a member of the Board’s Executive Committee and Risk Management Committee.
He also serves as the chairman of the bank’s two subsidiaries namely City Brokerage Limited and City Hong Kong Limited.
Khaled is a former four-term serving president of Dhaka Chamber of Commerce and Industry, former co-chairman of the Bangladesh Better Business Forum, and the founding president of the Bangladesh Chapter of the Entrepreneurs’ Organisation.
He completed his BBA in accounting from the University of Toledo in Ohio, United States, and obtained his MBA in international banking from Texas A&M University.
His father, the late Anwar Hossain — founder of Anwar Group of Industries — is one of the key founding sponsor directors of City Bank, and served four times as its chairman.
Hossain Khaled is currently serving as the group managing director of Anwar Group of Industries.