Community Bank Bangladesh PLC announced the immediate appointment of Kimiwa Saddat as managing director and CEO (current charge), said a press release on Wednesday.
Prior to this, Saddat served as the deputy managing director of Meghna Bank PLC.
Saddat joined Meghna Bank in 2019, where he led the Corporate Banking division and other key divisions.
Under his leadership, Meghna Bank became one of the preferred financial institutions for prominent corporate clients in Bangladesh. He played a crucial role in guiding the bank to receive the esteemed 鈥淎sian Banking & Finance Wholesale Banking Award 2021,鈥� marking the bank鈥檚 first international recognition, alongside several other prestigious awards.
With over 22 years of extensive experience in the banking sector, Saddat has worked with both local and international financial institutions, including some of the leading local and multinational banks. He was one of the key members of the transformation teams at three of Bangladesh鈥檚 top banks: Eastern Bank PLC, The City Bank PLC and HSBC Bangladesh.
Saddat holds an MBA in Finance from Dhaka University and is a Certified Financial Consultant accredited by the Institute of Financial Consultants, Canada.
His expertise covers a wide range of banking services, including corporate and SME credit, offshore banking, financial institution credit lines, business and trade services, supply chain finance, recovery solutions, structured finance, cash management solutions, agent banking, lease finance and Islamic banking.
Community Bank Bangladesh PLC is confident that Saddat鈥檚 leadership, strategic insight, and wealth of experience will be instrumental in driving the bank鈥檚 continued growth and reinforcing its position within the banking industry.
Community Bank Bangladesh PLC is one of the leading financial institutions committed to offering innovative banking solutions that meet the diverse needs of individuals and businesses across Bangladesh. With a strong focus on customer satisfaction, the bank provides a wide range of products and services designed to support the financial aspirations of its clients.