Written by The Banking Post
Bangladesh Bank has appointed Mr Md Mukhter Hossain as Independent Director and Chairman of the Board of Directors of Uttara Finance & Investments Limited (UFIL), effective January 27, 2026.
The appointment was formalised at a recent board meeting attended by Md WaliUllah, Managing Director and Chief Executive Officer of UFIL, along with other board members.
Mr Hossain brings nearly four decades of experience in the banking and financial sector, with a career spanning about 39 years. He has served at various levels, from branch operations to top executive positions, including Managing Director and CEO. His professional background covers both conventional and Islamic banking, with expertise in strategic planning, corporate governance, regulatory compliance, risk management and asset-liability management. He also previously served as an adviser to NRB Bank, supporting operational and strategic initiatives.
An alumnus of the University of Dhaka, Mr Hossain holds a bachelor’s degree with honours and a master’s degree in history. He began his banking career as a probationary officer at National Bank Limited in 1984 and went on to hold senior positions across multiple banks.
He has completed a wide range of professional training programmes at home and abroad, including trade finance in Singapore, international banking in Germany, correspondent banking in Malaysia, and specialised training on anti-money laundering and combating terrorist financing in Thailand. He also represented Bangladesh at the Asia/Pacific Group on Money Laundering Typology Summit in South Korea in 2017.
The UFIL board also includes former Bangladesh Bank executive director Md Niamul Kabir, retired senior district judge Mohd Shafiul Azam, company secretary professional Rafiqul Islam, and cost and management accounting expert Md Mahbub Alam.
The new appointment is expected to further strengthen corporate governance and strategic oversight at Uttara Finance & Investments Limited.
