Prominent Banker Shafiuzzaman has joined Al-Arafah Islami Bank (AIB) PLC as Additional Managing Director (AMD). Shafiuzzaman brings approximately 31 years of extensive experience in local and multinational banks and financial institutions, with proven expertise in corporate banking, relationship management, investment risk management, investment administration, and recovery operations.

Throughout his career, he has held several senior leadership positions, including approximately 14 years as Head of Branch, 10 years as Head of various Divisions, and one and a half years in Chief Executive Officer (CEO) responsibilities, including serving as Acting CEO.

He has successfully led several prominent corporate branches in Dhaka and headed key functional divisions, including Corporate Asset Marketing, Investment Risk Management, Investment Administration, and Special Asset Management. His professional responsibilities have also encompassed oversight of banking operations and Corporate Social Responsibility (CSR) initiatives. He has played a significant role in driving business growth, strengthening operational efficiency, introducing centralized banking operations, and developing innovative asset and liability products.

Mr. Shafiuzzaman began his professional career in 1994 as an Executive at the erstwhile United Leasing Company Limited (now United Finance PLC). During his career, he also served ONE Bank PLC for approximately 14 years and Bank Asia PLC for nearly 10 years, contributing significantly to business development, institutional growth, and operational excellence.

He holds a Master of Business Administration (MBA) degree from the Institute of Business Administration (IBA), University of Dhaka.

With his extensive banking experience, strategic insight, and proven leadership capabilities, Janab Shafiuzzaman is expected to play a pivotal role in strengthening Al-Arafah Islami Bank PLC’s business operations, enhancing asset quality, reinforcing corporate governance, and contributing to the Bank’s sustainable growth and long-term strategic objectives.