Rahel Ahmed joins Nagad as CEO
BI Report || BusinessInsider
Photo: Courtesy
Rahel Ahmed has joined Nagad, the digital financial service arm of the Bangladesh Post Office, as the chief executive officer (CEO).
Prior to joining here, Ahmed was the managing director and the CEO of Prime Bank Ltd.
He served the private commercial bank for three years as the top brass of the management team. He was also the deputy managing director and deputy CEO of the bank and had played a key role in the digitalisation of the bank.
Rahel has more than two decades of experience in the banking industry at home and abroad, reads a press release.
He earned kudos for pioneering a collateral-free loan in the information and communication technology industry in Bangladesh.
Rahel started his career as a management trainee at ANZ Grindlays Bank in 1995.
He worked in various capacities at the corporate banking division of the bank. He led the local corporate and international corporate divisions of Standard Chartered Bangladesh. From 2008 to 2014, Ahmed held important positions at the Emirates Islamic Bank and First Gulf Bank PJSC in the UAE.
Ahmed, who obtained an MBA from Maastricht School of Business in the Netherlands, attended numerous professional workshops and seminars at home and abroad and earned huge awards and honors.
Speaking about joining Nagad, Ahmed said the firm had been able to bring about a major change in the digital financial service industry of Bangladesh within less than two years of its inception.
“I will strive to transform Nagad into the leading payments company in Bangladesh by blending my experience in the financial sector and my plan with the activities of Nagad. At the same time, we will make an effort to contribute to the digitalization in the financial industry in the country,” he added.
Nagad now serves about 3 crore active clients, and about Tk300 crore is now transacted through its platform on average every day.
The digital financial service provider has presented the government an efficient digital platform to disburse various allowances among the poor and the marginalized people.
