Dhaka Bank PLC has appointed Osman Ershad Faiz as its new Managing Director and Chief Executive Officer (CEO), entrusting him with steering the bank through a dynamic and increasingly complex financial landscape. With over three decades of international banking experience, Faiz’s leadership is expected to strengthen the bank’s operational resilience while driving technological advancement.
Faiz brings to Dhaka Bank a wealth of expertise spanning banking strategy, technology, operations, digital transformation, core banking platforms, and fintech solutions. Prior to this appointment, he served as Deputy Managing Director and Chief Operating Officer at Eastern Bank PLC from January 2025, where he played a pivotal role in operational excellence and strategic growth initiatives.
A summary of his prominent international roles is presented below:
| Organisation | Position | Key Responsibilities & Tenure |
|---|---|---|
| AMTD Digital | Chief Information & Operating Officer | Oversaw technology and operational strategy |
| Standard Chartered Bank, Singapore | Managing Director & Chief Operating Officer | Led operational and strategic initiatives for the Singapore branch |
| Standard Chartered Bank, Eastern Hemisphere | Chief Information Officer, Wholesale Banking | Managed technology for wholesale banking across multiple countries |
| Singapore Clearing House Association | Director | Served for five years, contributing to regional banking infrastructure |
In addition to his banking roles, Faiz co-founded Asia FiiT, a Singapore-based fintech and banking consultancy. His leadership in technology-driven and inclusive work environments has earned global recognition, including the prestigious “Legend” award at the 2023 World CIO 200 Summit, and multiple listings in the HERoes Global Role Model index.
Faiz holds a Bachelor of Commerce (Honours) and an MBA from Aligarh Muslim University. He has completed executive education programmes at INSEAD and Oxford University’s Saïd Business School. His professional career began in 1993 as a Management Trainee at American Express.
Dhaka Bank Chairman Abdul Hai Sarkar remarked, “In today’s banking environment in Bangladesh, robust leadership, disciplined execution, and technology-driven transformation are indispensable. Mr Faiz is ideally positioned to fortify our strategic objectives, enhance our balance sheet, and accelerate digital and SME growth.”
Faiz himself commented, “I am honoured by the board’s confidence. My priorities include strengthening trust among customers and regulators, modernising platforms and processes, enhancing service quality across personal, corporate, and institutional banking, and promoting industry development while maintaining close community engagement.”
Founded in 1995, Dhaka Bank is a leading private sector bank in Bangladesh, offering corporate, retail, commercial, SME, and Islamic banking services. Through its subsidiaries, Dhaka Bank Securities Limited and Dhaka Bank Investment Limited, it also provides capital market and merchant banking solutions.