Samir Uddin becomes CEO of Midland Bank Asset Management

By Star Business Desk

Midland Bank Asset Management Company Limited, a wholly owned subsidiary of Midland Bank PLC, has appointed Mohammad Samir Uddin as its chief executive officer.

Prior to this appointment, Samir was the CEO of Shahjalal Asset Management Limited, according to a press release.

He also served as a fund manager at VIPB Asset Management Company Ltd.

He began his banking career as a management trainee officer at Export Import Bank of Bangladesh Limited and later worked as a management trainee officer at Industrial and Infrastructure Development Finance Company Limited.

Samir started his professional career as a trainee officer at HAC Securities Limited in 2011.

With over 14 years of experience in the Bangladesh capital market and banking sector, Samir has in-depth knowledge of the securities market.

He has also successfully set up an asset management company in his previous role at MBL Asset Management Limited, where he served as CEO.

He is a CFA charterholder and an active member of CFA Society Bangladesh.

Samir completed his bachelor's and master's degrees from the Faculty of Business Studies, majoring in finance, at the University of Dhaka.

Commenting on the appointment, Md Ahsan-uz Zaman, chairman of Midland Bank Asset Management Company Limited and managing director and CEO of Midland Bank PLC, said, "We are pleased to have Samir Uddin join as our CEO. He will bring skilled experience and compliant standards for mutual fund management, in keeping with the fund objectives of the two mutual funds that our company will be launching in December 2025, creating long-term value for our investors."

"His proven track record in fund management and corporate advisory services will add to the depth and breadth of the services that our AMC will provide to create sustainable shareholder value."