Position
Chief Executive Officer
Company
Nagad
DhakaFinancial ServicesFinanceLendingBankingDescription
Nagad has seen a power struggle following the suspension of an appointed administrator, resulting in Md Shafayet Alam taking on the role of CEO amidst fraud allegations. The legitimacy of his appointment is being contested by the central bank.
Quick answer
Nagad Appoints Md Shafayet Alam as Chief Executive Officer (May 16, 2025). Nagad is based in Dhaka, Dhaka Division, Bangladesh.
- Who is the new Chief Executive Officer at Nagad?
- Nagad named Md Shafayet Alam Chief Executive Officer, announced May 16, 2025.
- What did Nagad announce on May 16, 2025?
- Nagad has seen a power struggle following the suspension of an appointed administrator, resulting in Md Shafayet Alam taking on the role of CEO amidst fraud allegations. The legitimacy of his appointment is being contested by the central bank.
- What does Nagad do?
- Nagad is a mobile financial service provider in Bangladesh, primarily offering mobile wallet and payment services.
- Where is Nagad based?
- Nagad is based in Dhaka, Dhaka Division, Bangladesh.
- Which similar companies made leadership changes around the same time?
- Northern Trust (May 15, 2025), Huntington Bancshares (May 15, 2025), Bank of America (May 15, 2025) and Charter Communications (May 14, 2025) also announced leadership changes within 45 days of Nagad.
Source: Fundz verified event record.
Other recent leadership changes in Financial Services and Finance
Executive moves at companies in the same sectors within 45 days, from Fundz verified event records.
- Northern Trust Appoints Jeff Alexander as President and CEO of Canada (May 15, 2025)
- Huntington National Bank Appoints Josh Sheradsky as Senior Managing Director (May 15, 2025)
- Bank of America Appoints Paul Keifer as President of Grand Rapids (May 15, 2025)
- Charter Communications Appoints Jake Perlman as Chief Technology and Information Officer (May 14, 2025)
- GXS Bank Appoints Pei-Si Lai as Group Chief Executive Officer (May 14, 2025)
- Emigrant Bank Appoints Mark Rogozinski as Managing Director and Head of Family Office Services (May 13, 2025)
Who to call at Nagad, and when
A new leader at Nagad brings new priorities and often new vendors. The first weeks are when they listen.
- An alert the day Nagad raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Nagad, from your own LinkedIn network
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Fundz sees it the moment Nagad changes its leadership, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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