Mr. Mohammad Zahir Hussain has been appointed by Bangladesh Bank to exercise all powers and duties of the Board of Directors of Islami Bank Bangladesh PLC on 14th June, 2026 as per Section 47(3) of the Bank Company Act, 1991. Mr. Hussain is currently working as the Executive Director of Bangladesh Bank, Head Office. He has been serving as the Head of 5 Departments related to Bank Supervision. He is also involved with the supervision of Risk Based Supervision (RBS) of 22 banks as well as customer complaints, ICT risk management and digital banking supervision of all banks. Mentionable that as a Director, he played a leading role in formulating the Bank Resolution Ordinance, creating the resolution framework, Asset Quality Review (AQR), Forensic Audit and merging 5 weak Sharia-based banks under resolution to form the state-owned Sammilito Islami Bank PLC. He was a member of the committee formed by the Financial Institutions Division, Ministry of Finance in this regard. Besides, he acquired knowledge in Credit Risk, Project Appraisal, CAMELS Rating, EWS & Problem Bank Monitoring, Islamic Bank Monitoring, Financial Statement Analysis, FSI Formulation, Large Loan Review, Shadow Banking, Customer Interest Protection, Whistle Blower, Implementation of Basel-3 Guidelines, Export & Import Monitoring, Corporate Governance and Stress Test etc.

He joined Bangladesh Bank in 1999 as Assistant Director (General). He worked in the Department of Offsite Supervision, Foreign Exchange and Vigilance Department, Customer Interest and Protection Department, Financial Stability Department, Bangladesh Bank Training Academy, Foreign Exchange Operations Department, The Security Printing Corporation (Bangladesh) and Bank Resolution Department. He has four years of experience working in private commercial banks.

He obtained his Masters with Honors from the Department of Accounting of Dhaka University and later his MBA in Finance and Banking from a private university. He holds a DAIBB degree from The Institute of Bankers, Bangladesh (IBB). He won the Eastern Bank Gold Medal, Bangladesh Bank Silver Medal and cash prizes from other banks as he stood first in the Banking Diploma First Phase Examination. It should be noted that in recognition of his professional skills, he received the Bangladesh Bank Employees Recognition Award (Gold Medal) in 2012. He has successfully completed various higher professional certification courses including Certified Expert in Risk Management (CERM) organized by Frankfurt School of Finance and Management, Germany and BIBM, and Certified Digital Finance Practitioner (CDFP), IIPS, DFIS organized by DFI and the Fletcher School, Tufts University, USA. He has received advanced training on central bank related policies and micro and macro prudential supervision from IMF, World Bank, ADB, Bank of England, Banco de France, Bank of Korea, RBI, Central Bank of Nepal, CBCL, CBRT and BOT at various times. He has published various research papers in recognized journals on Supervision, Risk Management and Digital Finance. He recently completed the CPSS course. He served as an Observer on the Board of Rupali Bank PLC.