The New Nation - Internet Edition

NATION BUSINESS REPORT

M Fariduddin Ahmad, Managing Director of Islami Bank Bangladesh Limited was awarded Nawab Sir Salimullah Gold Medal for his outstanding contribution to the Islamic Banking. Dr Saleh Uddin Ahmed, Governor of Bangladesh Bank gave away the medal and certificate as the chief guest at a function organized by Nawab Sir Salimullah Foundation on November 12 last at a hotel in the city.

Twelve distinguished personalities of the country were accorded reception at the function for their significant contributions in different sectors.

Renowned Banker M Fariduddin Ahmad has been appointed as Managing Director of Islami Bank Bangladesh Limited. He discharged his duty as Deputy Executive President and Head of Operations Wing of the bank. He joined Islami Bank Bangladesh Limited on the first day of its establishment on March 30, 1983. He is the first Managing Director from the own manpower of IBBL. He started his banking career in Sonali Bank. He served in the bank as Branch Manager, Faculty Member of Staff College, Electronic Data-processing Department and other departments of that bank for several years.

M. Fariduddin Ahmad played pivotal role in the development of Islamic banking systems and procedures and training of manpower at the pre-establishment stage of Islami Bank Bangladesh Limited. He contributed a lot in devising and introducing Islamic banking accounting systems and the principles of distribution of profit to various participating fund.

He also edited the Investment Manual for financing under Islamic principles.

He attended various training programs, conference, seminar, symposia and workshops on Islamic banking and economics at home and abroad. He visited USA, UK, KSA, China, Hong Kong, Thailand, Macau, Iran, UAE, Pakistan, Singapore, Indonesia, India, Nigeria, Switzerland, France, Germany, Japan and other parts of the world.