The New Nation - Internet Edition

Muhammad A. (Rumee) Ali has been appointed as the new chairman of BRAC Bank Limited in the last Board Meeting of the Bank.

Muhammad A. (Rumee) Ali started his career with ANZ Grindlays Bank in Bangladesh in 1975 after completing Masters in Economics from Dhaka University.

During his career with ANZ Bank, Rumee worked in India, UK and Australia. In 1997 he was appointed CEO of the Bangladesh operations. In 2000, ANZ in Bangladesh was taken over by Standard Chartered Group, Rumee continued as the CEO, Bangladesh of the combined operations of the two banks.

In Nov 2002 he joined the Bangladesh Bank as Deputy Governor and was responsible for supervision and driving the regulatory reforms in the banking sector. In 2003, he was made a Fellow of the Institute of Bankers, Bangladesh. In January 2007 Rumee joined BRAC as Managing Director. He is currently the Vice Chairman of the Bankers Association of Bangladesh and is member of the Boards of PKSF, Institute of Microfinance Bangladesh, Delta Brac Housing Finance, Bracnet, International Chamber of Commerce, Bangladesh, CSR Centre and Square Informatics Limited. He also is a member of the Technical Advisory Committee of Bangladesh Investment Climate Fund, SME Foundation Bangladesh, and Better Business Forum (Working Group on Business Finance) constituted by the Government of Bangladesh.