Shafiuzzaman joins Social Islami Bank as Managing Director

Mr. Shafiuzzaman has joined Social Islami Bank PLC (SIBL) as Managing Director on 27 March 2025.

Prior to assuming this role, he served as Additional Managing Director & Chief Credit Officer at Bank Asia PLC, where he played a key role in credit risk management, corporate asset marketing, and strategic banking operations, according to a media release. 

With an extensive career spanning 31 years in local and multinational banks & financial institutions, Mr. Shafiuzzamanbrings a wealth of expertise in branch banking, corporate banking, credit risk management, and special asset management. His 14 years of experience as Head of Branch in Dhaka City and 10 years as a Division Head have enabled him to develop a deep understanding of the banking sector’s evolving landscape.

Throughout his career, he has been instrumental in driving institutional growth, leading centralization operations, and designing innovative asset and liability products. His leadershipquality and vast experience in the areas of relationship management, credit assessment and recovery has significantly contributed to the success of the institutions he has been associated with.

Mr. Shafiuzzaman began his career in 1994 as an Executive at United Leasing Company Limited (now United Finance Limited) and later spent 14 years at ONE Bank PLC, where he held various leadership positions.

He holds an MBA from the Institute of Business Administration, University of Dhaka, and is recognized for his strong leadership, strategic vision, and expertise in relationship management, credit assessment, and recovery.