Shahjalal Islami Bank Limited announced that MM Saiful Islam has been appointed as a deputy managing director, effective May 29, 2023. Islam was most recently with Al-Arafah Islami Bank Limited as a senior executive vice-president and head of corporate investment concurrently. Islam, who has over 25 years of banking experience, started his career with Islami Bank Bangladesh as a senior officer in 1998.

He has also held key positions in different financial institutions, including Bank Asia.