Md Rafiqul Islam new DMD of BASIC Bank

Md. Rafiqul Islam has joined state-owned BASIC Bank Limited as a deputy managing director (DMD) on April 13, 2025.

According to a media statement, Md. Rafiqul Islam was recently promoted from general manager (GM) to deputy managing director (DMD) by the Financial Institution Division of the Ministry of Finance.

Before this promotion, Md. Rafiqul Islam was the GM of Sonali Bank PLC.

He started his career at Sonali Bank PLC as a Programmer in 2004. He held different positions in the ICT division and other divisions in the Sonali Bank head office. He served as the GM of Sonali Bank’s Khulna, Mymensingh, and Jamalpur GM offices.

Mr. Islam played a pivotal role during the implementation of Sonali Bank’s CBS software. As well as he implemented the Sonali Banking Solution (SBS), a branch banking software of Sonali Bank PLC.

He completed his graduation and post-graduation in Statistics from Dhaka University. He also achieved a Master of Professional Banking (MPB) degree from the same university.

Additionally, Mr. Islam is a certified Database Administrator (DBA). He participated in different seminars, workshops, and training programmes on IT and other banking issues at home and abroad.

Mr. Islam was born into a respectable Muslim family in Maheshpur Upazila of Jhenaidah.