City Bank has announced the appointment of Mizanur Rashid as its new Deputy Managing Director, a strategic move widely viewed as a significant boost to the bank’s ongoing digital transformation and long-term growth agenda. With more than three decades of distinguished professional experience spanning fintech, consumer packaged goods, and multinational corporate leadership, Rashid brings a rare blend of commercial acumen, technological insight, and strategic vision to one of the country’s leading financial institutions.
Rashid joins City Bank at a pivotal moment, as the banking sector increasingly pivots towards technology-driven solutions, customer-centric innovation, and sustainable business practices. The bank believes his appointment will further accelerate its transition towards modern digital banking, while strengthening its competitive position in an increasingly dynamic financial landscape.
Prior to this role, Rashid served as Chief Commercial Officer at bKash Limited, Bangladesh’s largest mobile financial services provider. During his tenure, he played an instrumental role in expanding the digital payments ecosystem, helping to make fast, secure, and accessible financial services available to millions of customers. His leadership at bKash was marked by a focus on scalability, innovation, and customer experience, all of which contributed to the platform’s continued growth and market leadership.
Before entering the fintech sector, Rashid built an impressive career at Unilever, where he held several senior leadership roles across Bangladesh, India, and the wider subcontinent region. His time at the multinational consumer goods giant sharpened his expertise in brand management, market expansion, and sustainable business development. He also held key positions at British American Tobacco Bangladesh, further enriching his understanding of complex markets, regulatory environments, and large-scale operations.
City Bank has expressed strong confidence that Rashid’s diverse background will prove invaluable as the institution expands its portfolio of digital products and technology-driven services. In his new capacity, he is expected to play a pivotal role in shaping strategy, driving innovation, and aligning the bank’s operations with evolving customer expectations.
An alumnus of the Institute of Business Administration (IBA), University of Dhaka, Rashid holds an MBA and is widely regarded as a thoughtful and forward-looking leader. His appointment underscores City Bank’s commitment to excellence, innovation, and customer satisfaction as it charts its course for the future.
Key Career Highlights of Mizanur Rashid
| Area | Details |
|---|---|
| Current Role | Deputy Managing Director, City Bank |
| Professional Experience | Over 30 years |
| Fintech Leadership | Chief Commercial Officer, bKash Limited |
| Corporate Experience | Senior roles at Unilever (Bangladesh, India, Subcontinent) |
| Other Key Roles | Leadership positions at British American Tobacco Bangladesh |
| Core Expertise | Digital transformation, business growth, sustainability |
| Education | MBA, Institute of Business Administration (IBA), University of Dhaka |