IPDC Finance has announced Rizwan Dawood Shams as its new Managing Director (MD), replacing Mominul Islam who resigned in November last year after serving for over a decade. Shams, who had been acting MD since January, joined the institution in 2007 and was promoted to additional MD in April 2021. With prior experience at Standard Chartered Bank, Habib Bank, and GSP Finance, Shams aims to prioritize NPL management while ensuring sustainable growth. Emphasizing corporate governance, he plans to optimize internal processes and collaborate with stakeholders and regulators. Shams holds a bachelor’s degree from North South University and an MBA from Victoria University, Australia.
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