Star Business Desk

Nafees Khundker has recently been appointed director of Bank Asia Ltd.

He is also one of the sponsors of the bank, a press release said.

His last assignment was as managing director, head of transaction banking, ASEAN, Commercial Banking. He worked for Standard Chartered Bank and Deutsche Bank in Bangladesh, the United Arab Emirates and Singapore for more than 20 years.

His expertise is in corporate and financial institutions client coverage, transaction banking and strategic partnerships.

Khundker is currently engaged in setting up a venture capital fund for investments into South and South East Asia.

He has investments and board oversight in various businesses in retail, distribution, finance, media, information technology and logistics.

He also has a special interest in sustainability initiatives and works with small non-profit organisations.