Nagad administrator promoted to Cenbank executive director

Md Motasem Billah, the
serving administrator of mobile financial service provider Nagad, has been
promoted to the post of executive director of the Bangladesh Bank.
The central bank issued
an official order confirming his promotion on Thursday (2 April), reads a press
release issued today (4 April).
Prior to his appointment
as administrator of Nagad in February 2025, Motasem Billah was serving as
director of the Banking Inspection Department at the Chattogram office of
Bangladesh Bank.
Md Motasem Billah began
his career at Bangladesh 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, Central Bank Strengthening Project,
Financial Sector Support Project, Department of Offsite Supervision, 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.
Under the Central Bank
Strengthening Project – a joint initiative of the World Bank and the government
of Bangladesh – he made significant contributions to the development of
Bangladesh Bank's IT infrastructure, human resource capacity, and business process
re-engineering.
Since taking charge as
the administrator of Nagad, he has led a series of positive transformations
within the organisation. Under his leadership, Nagad has witnessed notable
improvements in service scope and quality, alongside strong business growth.
Within a year, the platform's transaction volume nearly doubled, while
significant progress was also made in technological advancement.
















