Rahel Ahmed new Nagad CEO

Rahel Ahmed joined Nagad, the digital financial service arm of the Bangladesh Post Office, as its chief executive officer.  Prior to this, he was the managing director and CEO of Prime Bank Ltd.  He was also the deputy managing director and deputy CEO of the bank and played a key role in the digitisation of the bank.  Rahel has more than two decades of experience in the banking industry at home and abroad.  He obtained an MBA from Maastricht School of Business in the Netherlands.  Nagad now serves about three crore active clients, and about Tk 300 crore is now transacted through the platform on average every day.  Nagad also presented the government with an efficient digital platform to disburse various allowances among the poor and the marginalised people.  A client can open an account by dialling *167#, to pay utility bills without any charge, and cash-out funds at the half of the market rate.