STAR BUSINESS DESK

Md Motasem Billah, the serving administrator of Nagad Limited, has been promoted to the post of executive director at Bangladesh Bank.

Prior to his appointment as the administrator of Nagad in February 2025, Billah was serving as a director of the Banking Inspection Department at the Bangladesh Bank’s Chattogram office, according to a press release.

He began his career at the central bank in 1999 as an assistant director. Over a span of 27 years, he has held key positions in several important departments, including the Banking Inspection Department, and the Payment Systems Department.

He played a leading role in modernising the country’s payment ecosystem, including initiatives such as the introduction of the national card scheme TakaPay, NPSB migration, the Cashless Bangladesh programme, and Bangla QR.

Since taking charge as the administrator of Nagad, he has led a series of positive transformations within the organisation.

Within a year, the platform’s transaction volume nearly doubled, while significant progress was also made in technological advancement.

Billah obtained his BBA and MBA degrees from the University of Chattogram and later earned a master’s degree in development studies from the University of Dhaka.