Nagad Administrator promoted to Executive Director of BB
Md. MotasemBillah, the serving administrator of Nagad, one of the country’s leading mobile financial service providers, has been promoted to the position of Executive Director the highest regular post at the Bangladesh Bank.
The central bank issued an official order confirming his promotion on Thursday, according to a media release.
Prior to his appointment as Administrator of Nagad in February 2025, MotasemBillah was serving as Director of the Banking Inspection Department at the Chattogram office of Bangladesh Bank.
Md. MotasemBillah began his career at Bangladesh Bank in 1999 as an Assistant Director.
Over a span of 27 years, he has held key positions in several important departments, including the Banking Inspection Department, Central Bank Strengthening Project, Financial Sector Support Project, Department of Offsite Supervision, and the Payment Systems Department.
He played a leading role in modernizing the country’s payment ecosystem, including initiatives such as the introduction of the national card scheme Taka Pay, NPSB migration, the cashless Bangladesh programmer, and Bangla QR.
Under the Central Bank Strengthening Project a joint initiative of the World Bank and the Government of Bangladesh he made significant contributions to the development of Bangladesh Bank’s IT infrastructure, human resource capacity, and business process re-engineering.
Since taking charge as the Administrator of Nagad, he has led a series of positive transformations within the organization. Under his leadership, Nagad has witnessed notable improvements in service scope and quality, alongside strong business growth. Within a year, the platform’s transaction volume nearly doubled, while significant progress was also made in technological advancement.
Md. MotasemBillah completed his BBA and MBA from the University of Chattogram and later earned a master’s degree in development studies from the University of Dhaka. He has also participated in numerous international trainings, seminars, and workshops on banking regulation, project management, business process re-engineering, and digital payments.
