Additional Managing Director (AMD)

Job Description

Title: Additional Managing Director (AMD)

Company Name: IFIC Bank PLC

Vacancy: --

Age: At most 55 years

Job Location: Dhaka

Salary: --

Experience:

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

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

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

• 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.

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.

Remuneration package: Competitive and commensurate with industry standards.