NCC Bank saw the joining of its new managing director and chief executive officer on Monday.

The appointee, Mohammad Mamdudur Rashid, was previously serving as additional managing director (business) of United Commercial Bank.

He was also an independent director and chairman of the board's audit committee of IPDC Finance, according to a statement.

Rashid also worked as group chief financial official of Brac and Brac International, prior to which he worked as additional managing director of Brac Bank.

Rashid attained an MBA (finance) degree from the Institute of Business Administration of the University of Dhaka and an MA degree in international economics and finance from Brandeis University.