Bdjobs

Additional Managing Director (AMD)

IFIC Bank PLC

Deadline: September 10, 2025

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Job Summary

Vacancy: --

Salary: --

Age: At most 55 years

Experience: At least 20 years

Location: Dhaka

Published: August 27, 2025

Requirements

Education

Master`s in Business, Finance, Accounting, Economics, Banking, Marketing or related fields from a reputed university with no 3rd division/class in any examination.

Experience

At least 20 years
The applicants should have experience in the following business area(s): Banks

Additional Requirements

Age At most 55 years
A minimum of 20 years of relevant experience in Banking or NBFIs.
Proven track record in senior leadership roles and currently holding the position of Deputy Managing Director or above
Comprehensive knowledge of Business, Credit, International Trade, Product Development, Treasury strategies, and regulatory compliance.

Personal Attributes

Demonstrated strategic leadership and track record of delivering strong financial performance and growth.
Exceptional communication, analytical, organizational, and crisis-management skills.
Proven ability for proactive decision-making and resilience under pressure.
Deep understanding of banking operations, regulatory environment, risk & compliance frameworks.

Responsibilities & Context

An opportunity to lead from the front

With over 1,400+ branches and sub-branches (Uposhakhas) nationwide, IFIC Bank PLC holds the distinction of being Bangladesh`s largest bank by network. Today, IFIC Bank offers a full suite of banking services-including corporate, retail, SME, investment banking, digital and Islamic products-and is committed to sustainable growth, best-in-class service delivery and diversified portfolios. Led by an experienced Senior Management team, our strategic focus includes expansion of retail, MSME, and corporate operations, risk management, ent, and digital transformation.

We are looking for a visionary leader to join our executive team as Additional Managing Director (AMD). This is a tier two position of the Bank and the role is responsible for shaping strategic direction, driving profitability, overseeing business divisions, and ensuring compliance across operations.

KEY RESPONSIBILITIES:

Strategy & Corporate Leadership

Collaborate with the Managing Director to develop and execute short/medium/long-term strategies aligned with the bank`s vision and mission.
Monitor market trends, competitive dynamics, and emerging risks to recommend profitable and sustainable growth initiatives.
Identify and lead new opportunities in retail, corporate, digital banking, and international operations.

Operational Oversight

Oversee day-to-day operations across functions-credit, risk, finance, retail, MSME and corporate banking-to ensure performance and compliance.
Ensure operational efficiency, cost control, and adherence to regulatory norms.

Stakeholder Engagement & External Affairs

Build and maintain high-level relationships with regulators, central bank, banking associations, investors, and strategic partners.
Represent the bank at public forums and in key industry discussions.

Financial Performance & Risk Management

Monitor financial health, approve budgets, and ensure targets (revenue, deposits, loans, recovery) are met.
Oversee risk management, credit quality, compliance, and governance frameworks.

Leadership & Talent Development

Support development of senior executives, mentor and coach leadership teams.
Drive organizational culture, alignment, and internal communications to foster high performance and retention.

Reporting & Communication

Regularly submit performance reports and strategic updates to the Managing Director.
Ensure systematic implementation of strategic decisions across all divisions.