Kimiwa Saddat has been appointed as the managing director and CEO (current charge) of Community Bank Bangladesh PLC.

Prior to taking on his new role, Saddat was serving at Meghna Bank PLC as a deputy managing director, the bank stated in a press release.

Saddat joined Meghna Bank in 2019, where he led the corporate banking division and other key departments.

Under his leadership, Meghna Bank became one of the preferred financial institutions for prominent corporate clients in Bangladesh.

He played a crucial role in guiding the bank to receive the esteemed "Asian Banking & Finance Wholesale Banking Award 2021", marking the bank's first international recognition, along with several other prestigious awards.

With over 22 years of experience in the banking sector, Saddat has worked with both local and international financial institutions, including some of the leading local and multinational banks.

He previously worked for Eastern Bank PLC, City Bank PLC, and HSBC Bangladesh, where he was one of the key members of the transformation teams at each of the banks in Bangladesh.

His expertise covers a wide range of banking services, including corporate and SME credit, offshore banking, financial institution credit lines, business and trade services, supply chain finance, recovery solutions, structured finance, cash management solutions, agent banking, lease finance, and Islamic banking.

Community Bank Bangladesh PLC is confident that Saddat's leadership, strategic insight, and wealth of experience will be instrumental in driving the bank's continued growth and reinforcing its position within the banking industry, the press release added.

He completed an MBA in finance from the University of Dhaka and is a Certified Financial Consultant, accredited by the Institute of Financial Consultants, Canada.