Ahsan Khan Chowdhury has been elected chairman of Midland Bank. He is the chairman and chief executive officer (CEO) of PRAN-RFL Group. Earlier, last week, Uzma Chowdhury was elected as the new chairperson of Meghna Bank. She is a director of PRAN-RFL Group. The two are related by relationship. Major General (retd) Amjad Khan Chowdhury, founder of PRAN-RFL Group, is their father.
The late Amjad Khan Chowdhury retired from the army in 1981 at the age of 42 and started the foundry or tubewell manufacturing and housing business. His assets were pension money. However, he did not do the housing business for long. Leaving the housing business, Amjad Khan Chowdhury focused more on the foundry business. He established a foundry in Rangpur and named it Rangpur Foundry Limited (RFL).
It is known that Ahsan Khan Chowdhury was one of the entrepreneurs when Midland Bank was established in 2013. Since its establishment, Midland Bank was under the control of Awami League Presidium member Kazi Zafar Ullah. His wife Nilufar Zafrullah was the chairman of the bank. After the fall of the Awami League government on August 5 last year, he was absent from the bank's meeting. In such a situation, Ahsan Khan Chowdhury was elected chairman in the 165th meeting of the bank's board of directors on March 20. Ahsan Khan Chowdhury was a member of the executive committee of the board of directors of Midland Bank. Apart from this, he is also serving as the chairman of the risk management committee of the bank's board of directors. Ahsan Khan Chowdhury studied at Wartburg College in the United States and joined PRAN-RFL Group as a director in 1992. He is currently serving as the chairman and CEO of PRAN-RFL Group.
In 2013, Uzma Chowdhury was one of the entrepreneurs of Meghna Bank. However, the bank was under the control of Awami League treasurer HN Ashiqur Rahman from the beginning. Last week, Bangladesh Bank reconstituted the bank's board of directors. After that, the bank elected Uzma Chowdhury as chairman. She is a registered Certified Public Accountant (CPA) of Texas, USA.
Uzma Chowdhury holds a Bachelor of Science in Accounting from the University of Texas at Dallas. She has over seven years of experience in the country's petroleum industry. She has been serving as the Finance Director of PRAN-RFL Group since October 2008.