Bank Asia appoints Adil Chowdhury as new Managing Director


Adil Chowdhury was recently named president and managing director of Bank Asia Limited.

Chowdhury had been president and managing director (current charge) of the bank since August 2022, according to a press release.

He joined Bank Asia as deputy managing director in August 2020. Later, he was promoted as additional managing director with more responsibilities for supervising the global banking sector, special asset management division and global subsidiary of the bank.

Chowdhury has over two decades of successful banking experience with nearly 15 years of international exposure, most recently serving as a director of The Bank of Nova Scotia (Canada) in Hong Kong and Singapore.

He embarked on his professional journey as deputy manager in Credit Agricole Indosuez, Dhaka in 1995. After serving there for more than three years, he joined American Express Bank at the Dhaka office.

Chowdhury joined as head of treasury at The Bank of Nova Scotia (Dhaka) in 1999, where he set up the treasury department and ensured best corporate governance and practices.

In 2001, he was relocated to The Bank of Nova Scotia in Hong Kong, where he was responsible for business development and strategic planning that covered financial institutions for 13 countries in Asia.

In January 2011, he was promoted to director international funding under group treasury at The Bank of Nova Scotia, Singapore, where his mandate included the Asia Pacific region, the Middle East, and North Africa, managing a $9.0 billion portfolio while serving central banks and government investment agencies.

He earned a bachelor's degree in electrical engineering in VLSI Design from the University of Texas at Austin and an MBA from the University of Western Ontario's Richard Ivey School of Business.