Dhaka, Bangladesh (BBN) – M Fariduddin Ahmed has joined Exim Bank Limited as the Managing Director. Prior to his new assignment, he was the Head of Islamic Banking Division of AB Bank Limited.

Mr Ahmed started his banking career in Sonali Bank. He served in that Bank as Branch Manager, Faculty Member of Staff College, Head of Electronic Data-processing Department and other departments of that Bank for several years.

Later on, he joined Islami Bank Bangladesh Limited on the date of its launching on August 30,1983 and played a key role in the development of Islamic banking systems & procedures. He also contributed a lot in devising & introducing Islamic banking accounting systems & the principles of distribution of profit to various participating fund. He also edited the Investment Manual for financing under Islamic principles.

He has attended various training programs, seminar, symposium & workshop on Islamic banking and economics at home and abroad. For this he visited USA, UK, KSA, China, Hong Kong, Thailand, Macau, Iran, UAE, Qatar, Bahrain, Pakistan, Singapore, Indonesia, India, Nigeria, Switzerland, France, Germany, Japan and other parts of the world.

BBN/SSR/AD-26Aug11-12:43 pm (BST)