Md Obayed Ullah Al Masud
Md Obayed Ullah Al Masud | |
|---|---|
| Born | Bangladesh |
| Occupation | Banker |
| Years active | 1983–present |
| Known for | Managing Director of Sonali Bank and Rupali Bank; Chairman of Islami Bank |
Md Obayed Ullah Al Masud is a prominent banker from Bangladesh who has held the position of Managing Director at both Sonali Bank and Rupali Bank. Additionally, he has served on the board of Padma Bank and, as of October 6, 2024, occupies the role of Chairman at Islami Bank.
Early life and education
Masud completed his undergraduate and graduate studies in Commerce at the University of Dhaka in 1982. He further advanced his qualifications by obtaining an MBA from the Institute of Business Administration, University of Dhaka, in 1988.
Career
Starting his professional journey in banking, Masud joined Agrani Bank in 1983 as a senior officer. He rose through the ranks to become Deputy Managing Director in 2011 before taking on the role of Managing Director at Karmasangsthan Bank.
Between August 2016 and August 2019, Masud led Sonali Bank as Managing Director, where he prioritized the recovery of non-performing loans and launched affordable housing loan schemes targeted at government employees. In January 2017, he secured an executive membership with the Bangladesh Foreign Exchange Dealers' Association.
On August 21, 2019, Masud assumed the position of Managing Director at Rupali Bank, with Ataur Rahman Prodhan taking over his previous role at Sonali Bank. He concluded his tenure at Rupali Bank on August 27, 2022. During this period, Masud represented Rupali Bank within the Metropolitan Chamber of Commerce and Industry. His leadership saw Rupali Bank come under scrutiny for implementing a lenient loan rescheduling program for defaulter Mother Textile.
Personal life
Masud's sibling, Hedayetullah Al Mamun, held the chairman position at Janata Bank, another government-owned financial institution.