Business Report :
Mir Mofazzul Hossain has recently joined Ansar-VDP Unnayan Bank as a Managing Director.He has been promoted and appointed as theManaging Directorof Ansar-VDP Unnayan Bank as per Notification No. 53.00.0000.312.12.004.20-271 dated 21 October 2024 issued by Government of the People’s Republic of Bangladesh, Department of Financial Institutions, State-Owned Commercial Bank Section-01.
Prior to his promotion, he served as Deputy Managing Director at Sonali Bank PLC.He started his careeras a senior officer by joining in Bangladesh House Building Finance Corporation and held important positions over the times.
He was promoted to the post of General Manager in 2018 and Deputy Managing Director in 2021. He served with reputation and efficiency in Bangladesh House Building Finance Corporation,Palli Sanchay Bank, Bangladesh Krishi Bankand Sonali Bank PLC.
Mir Mofazzal Hossain was born in a noble Muslim family in Palash Upazila of Narsingdi District. He hass completed his BA (Honours) and MA in Economics in Jahangirnagar University and LLB in National University. He has attended various trainings on banking.
Ansar-VDP Unnayan Bank is a specialized government owned bank in Bangladesh.
The bank was founded to provide financial services to the paramilitary Bangladesh Ansar and Village Defence Party.
Major General AKM Nazmul Hasan is the chairman of this bank.
The bank has 259 branches across the country under 18 regions.
It is one of four specialized banks owned by the government of Bangladesh; the rest are Bangladesh Krishi Bank, Karmasangsthan Bank, and Rajshahi Krishi Unnayan Bank.
Earlier, In 2015, the Ansar-VDP Unnayan Bank asked the government to increase its stake in the bank from 25 per cent to 75 per cent as members of the Ansar and Village Defence Party were not interested in purchasing the shares available to them