City Bank recently appointed its additional managing director Sheikh Mohammad Maroof as their new chief business officer (CBO).
As the new CBO, he will be in charge of all the businesses and new business initiatives of the company, including its digital financial programs, read a press release.
Sheikh Mohammad Maroof brings with him over 27 years of experience in corporate, treasury, SME, and green and infrastructure financing.
He has played a significant role in bringing forth derivative products, developing the foreign exchange market and money market, mergers and acquisitions, advisory services, doing structured finance transactions, and in the initiation of offshore banking business in Bangladesh.
Maroof started his career in 1995 with American Express Bank, Bangladesh as a management trainee.
He later joined City Bank in June 2007 as Executive Vice President (EVP) and contributed significantly to the overall transformation of the bank into a reputed local banking brand.
He became the additional managing director in February 2019.
During his tenure at City Bank, Maroof’s efforts have led to not only the growth of the bank’s businesses but also the establishment of a strong relationship with most of the major multilateral and correspondent banks and ECA Finance agencies.
He is a board member of IIDFC, City Bank’s two subsidiaries, and Venture Capital Partners Bangladesh (VIPB).
