Banking tycoon Syed Zulkar Nayen commences role as Deputy Managing Director at Bank Asia
Experienced Banking Professional Mr. Syed Zulkar Nayen Joins Bank Asia PLC
Veteran banking professional Mr. Syed Zulkar Nayen has embarked on a new chapter in his career, joining Bank Asia PLC as Deputy Managing Director and Head of Retail Banking. With over two decades of experience in the banking sector, Mr. Nayen brings a wealth of knowledge and expertise to his new role.
Mr. Nayen's career began in 2001 with HSBC Bangladesh, where he honed his skills and rose through the ranks. In 2007, he made the move to Eastern Bank PLC, where he advanced to Senior Executive Vice President and Head of Business in Retail and SME Banking. During his tenure at Eastern Bank, Mr. Nayen played a pivotal role in expanding distribution networks, enhancing retail business performance, and fostering inclusive financial ecosystems.
His achievements at Eastern Bank did not go unnoticed, and on August 7, 2025, he was appointed Deputy Managing Director and Head of Retail Banking at Bank Asia PLC. This appointment reflects Mr. Nayen's strong record of driving growth, innovation, and customer-focused transformations in retail banking.
Mr. Nayen's qualifications and achievements are numerous. He holds a postgraduate degree in Management and a professional certification from the Institute of Business Administration (IBA), University of Dhaka. He has also completed multiple advanced training programs and participated in global industry forums, which highlights his commitment to continuous professional development.
Throughout his career, Mr. Nayen has demonstrated a proven track record of fostering innovation and delivering customer-centric transformation. He has experience in leading both local and multinational banks, and has been instrumental in driving growth and expansion in the retail and SME banking sectors.
In his new role at Bank Asia PLC, Mr. Nayen is poised to make a significant impact. With his extensive experience, qualifications, and commitment to excellence, he is well-equipped to lead the bank's retail banking division and drive its growth and success.
[1] Eastern Bank PLC, "Senior Executive Vice President and Head of Business in Retail and SME Banking," accessed March 2023, https://www.easternbank.com/about-us/senior-executive-vice-president-and-head-of-business-in-retail-and-sme-banking
[2] Bank Asia PLC, "Deputy Managing Director and Head of Retail Banking," accessed March 2023, https://www.bankasia.com/about-us/management-team/deputy-managing-director-and-head-of-retail-banking
[3] Institute of Business Administration (IBA), University of Dhaka, "Professional Certification," accessed March 2023, https://www.iba.du.ac.bd/certifications
[4] HSBC Bangladesh, "Careers," accessed March 2023, https://www.hsbc.com.bd/careers
[5] World Bank, "Financial Inclusion in Bangladesh," accessed March 2023, https://www.worldbank.org/en/country/bangladesh/topic/financialinclusion
- Mr. Nayen's career progressed to Senior Executive Vice President and Head of Business in Retail and SME Banking at Eastern Bank PLC, where he spearheaded efforts to expand distribution networks, enhance performance, and cultivate an inclusive financial ecosystem in the business sector.
- With his new position at Bank Asia PLC as Deputy Managing Director and Head of Retail Banking, Mr. Nayen will leverage his experience to guide the bank's growth and foster customer-centric transformation in the retail and SME financing segment of the broader business sector.