Hossain Khaled, a sponsor director of City Bank, was elected as the new chairman of the bank at a meeting of the board of directors on Sunday.
He served as the vice chairman of the bank for seven years. He is a member of the board’s executive committee and risk management committee, according to a press statement.
He also serves as the chairman of the bank’s two subsidiaries, City Brokerage Limited and City Hong Kong Limited.

Mr. Khaled is a former four-term serving president of the Dhaka Chamber of Commerce and Industry, former co-chairman of
the Bangladesh Better Business Forum, and the founding president of the Bangladesh Chapter of the
Entrepreneurs’ Organization.
He completed his BBA in Accounting from the University of Toledo
in Ohio, USA and obtained
his MBA in International Banking from Texas A&M University.
His father, late Mr. Anwar Hossain, founder of Anwar Group of Industries,
is one of the key founding sponsor directors of City Bank and served four
times as its chairman. Hossain Khaled is currently serving as the group managing director of Anwar Group of Industries.
Source: The Financial Express
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