
Muhammad A. (Rumee) Ali, joined the Board of BRAC Bank in 2007 and was elected the Chairman, in 2008, taking over from the Founder Chairman Mr. Fazle Hasan Abed.
He is the Managing Director, Enterprises at BRAC and also a Director of BRAC BDMail Network Limited, Delta Brac Housing Finance Corporation Limited, BRAC Karnofuli Tea Company Ltd., BRAC Kayachora Tea Company Ltd., BRAC Bashkhali Tea Company Ltd., BRAC Kodala Tea Estate, BRAC Services Limited (BRAC Centre Inn), Bangladesh Netting Factory Limited. He was elected the Chairman of BRAC EPL Investments Limited and BRAC EPL Stock Brokerage Limited in July 2009 after BRAC Bank Limited acquisition of these companies.
Mr. Rumee Ali served at different levels in local and international banking sectors. Prior to joining BRAC in 2007, he served as the Deputy Governor of Bangladesh Bank from 2002 to 2006 and was responsible for Supervision, Anti Money Laundering and Information Technology. During this period he was also involved in regulatory reforms, particularly in the Risk Management area. With his appointment as Country Head and General Manager of ANZ Grindlays in March 1997, Rumee Ali became the first Bangladeshi to head a major international bank in Bangladesh. In July 2000, following the takeover of ANZ Grindlays by Standard Chartered Bank, Rumee Ali was appointed the CEO of the Standard Chartered Group in Bangladesh, heading both Standard Chartered Bank and Standard Chartered Grindlays Bank. His banking experience includes stints in India, United Kingdom and Australia. Rumee Ali was elected a Fellow of the Institute of Bankers, Bangladesh, in 2001. At present, he is the Vice Chairman of Bangladesh Association of Banks and Vice President of Bangladesh Employers Federation.
Rumee Ali is a director on the boards of several organizations including The CSR Institute, International Centre for Study of Bengal Art, Sub-Committee for Taxation of the Metropolitan Chamber of Commerce & Industries, a council member of The Institute of Bankers, Bangladesh, and is a member of the Global Steering Committee of the ‘Performance Based Grants Initiative’ of the International Finance Corporation, Washington DC. He served as a member of the Better Business Forum and is, at present a member of the Technical Advisory Committee of the Bangladesh Investment Climate Fund. He also served as a member of the National Advisory Committee on Small & Medium Enterprises (2005/6) and is associated with the Small & Medium Enterprises Foundation as a member of the General Body.
Rumee Ali was born in Dhaka, Bangladesh, in 1951. He has a Masters in Economics from Dhaka University.