Mesbaul Asif Siddiqui new DMD and Chief Risk Officer of City Bank

City Bank has promoted Mesbaul Asif Siddiqui as its new Deputy Managing Director and Chief Risk Officer.

Asif was SEVP & head of credit risk management of the same bank before this promotion, the bank said in a press release.

In his last position, he made a significant contribution in securing a place among the top 10 banks in Bangladesh in the Sustainability Rating given by Central Bank for the last two consecutive years, the press statement added.

He also played a major role in launching the new model of medium business in City Bank with the technical consultancy from IFC.

Asif completed his MBA in Finance from the University of Dhaka and his MBM from BIBM. He started his career as a Management Trainee at Eastern Bank in 1999 and worked in different capacities there in corporate banking and branch banking.

Later on, he worked at the Commercial Bank of Ceylon for two years. In 2006, he joined HSBC Bank and worked there for 9 years in HSBC’s Bangladesh and Singapore offices in different positions under wholesale banking. He joined City Bank in 2015 as EVP in its corporate banking Unit.

As the champion of Sustainability and Green financing of the bank, Asif played an instrumental role in the bank’s becoming a member of the Net-Zero Banking Alliance under the United Nations Environment Program for Financial Institutions (UNEP FI).

Asif is also certified in ‘Anti Money Laundering and Sanctions Compliance’ by the International Compliance Association in association with The University of Manchester. He is also the ambassador of the ‘Customer Delight’ value pillar of the bank.