Mashrur Arefin, managing director and CEO of City Bank PLC, has been awarded the prestigious ‘CEO of the Year—2025’ in Financial Institutions category at the 4th Bangladesh C-Suite Awards, says a press release.
The honour recognises his exceptional leadership and over three decades of contribution to Bangladesh’s financial sector.
Previous winners from the sector include Ali Reza Iftekhar of EBL, Syed Mahbubur Rahman of MTBL, and Kamal Qadir of bKash.
Under Mashrur's leadership, City Bank has delivered outstanding results over the past six years: operating profit rose from BDT 699 crore (2018) to BDT 2,351 crore (2024); net profit from BDT 202 crore to BDT 1,085 crore; ROE increased from 8.2% to 26.1%; and total capital more than doubled. Bangladesh Bank also recognised City Bank as the #1 Sustainable Bank of 2024 for its governance, green financing and operational excellence.
Mashrur has driven City Bank’s digital transformation by expanding Citytouch and championing breakthrough solutions such as the Digital Nano Loan, reshaping financial inclusion in Bangladesh.
He is also an award-winning novelist, poet and translator, and currently serves as Chairman of ABB, Chairperson of SWIFT Bangladesh, and Board Director of Biman Bangladesh Airlines.
The Bangladesh C-Suite Awards, organised by the Bangladesh Brand Forum, celebrate outstanding business leaders who demonstrate exemplary integrity and excellence.
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