Biz-Econ

Midland Bank re-elects chair, vice chair

Midland Bank Limited recently re-elected Nilufer Zafarullah and Md Shamsuzzaman as its Chairman and Vice Chairman respectively.

The Board of Directors in its 115th meeting held on 30 September re-elected the Chairman and Vice Chairman of the Bank.

Nilufer Zafarullah served as Vice Chairman of the Board of Midland Bank Ltd since inception of the Bank until September 2018 and thereafter, she is serving as Chairman of the Board of MDB. She was a member of 9th and 10th Parliament of Bangladesh.

An Architect by profession, Nilufer has contributed to education and development for over 25 years. She is renowned for her humanitarian effort. 

She is a member of the Board of Trustees of Independent University Bangladesh (IUB) and Chittagong Independent University (CIU). She is a Director of Hong Kong Shanghai Manjala Textiles Ltd. and Donor Trustee of Begum Zebunnesa & Kazi Mahabubullah Jono Kallyan Trust. 

As a life member of Zonta International, a worldwide Organization for executives in the business profession, Nilufer provided her services to improve legal, political, economics, health and professional status of woman at the global and local levels. 

Her leadership competence was evident when she served Zonta International District 25 comprising of Bangladesh, India, Nepal and Srilanka Area 02 as Director and District 25 as Lt. Governor from 1994-96 and 2006-08 respectively. 

As MP, she also served as the Chairman of the Parliamentary Standing Committee for the Ministry of Foreign Affairs, Government of Bangladesh from 2012-13, in the ninth Parliament.

Renowned Industrialist Md. Shamsuzzaman, owner of Micro Fiber Group, is a Nominee Director of Liberty Knitwear Ltd. and he is in the Board of Midland Bank Limited. He acted as the Chairman of Risk Management Committee and Member of the Audit Committee of the Bank in his previous term. He is a Textile Engineer and a prominent industrialist of Bangladesh. 

Shamsuzzaman is active in many community development and social service programmes. Shamsuzzaman is the Managing Director of Liberty Knitwear Ltd., Orient Chem-tex Ltd. Micro Fiber Ltd. Midland Knitwear Ltd., A-One Polar Ltd., Tangon Garments Ltd. and Turbingen Chemicals (BD) Ltd.