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S M Abdullah H Kafi promoted as Dhaka Bank’s DMD

S M Abdullah Hil Kafi has been promoted to Deputy Managing Director (DMD) at Dhaka Bank PLC recently.

Kafi joined Dhaka Bank PLC in 2015, bringing with over 27 years of extensive experience in Governance, Risk and Compliance (GRC), Business Transformation and Resilience as well as Central Banking.

He began his career in 1999 as an Assistant Director at Bangladesh Bank, contributed in policy & regulation facilitation and regulatory oversight in areas of FDI and Portfolio Investment, Rural Credit, Banking Supervision, Foreign Exchange Risk, Transactional Banking and cross-border M & A.

Later, he served at Citibank N.A. as Resident Vice President, leading the Operational Risk and Internal Control (ORIC) framework covering the business resilience risk management for the country franchise.

Subsequently, Kafi joined HSBC Bangladesh as Country Head of Operational Risk, rolling out Operational Risk Management Framework (ORMF) system and played a transformative role in embedding a strong risk culture emphasizing on Anti-Money Laundering and CFT risk.

Afterwards, he assumed the role Head of Global Internal Audit- in HSBC Bangladesh, driving out risk-based internal audit practices aligned with HSBC Group standards.

Kafi holds a Master’s degree in Finance from the University of Dhaka. In his new role as DMD, he is expected to further reinforce Dhaka Bank’s commitment to robust governance, transformation and resilience, regulatory compliance and sustainable growth.