Mamun Rashid

Mamun Rashid, an economic analyst, is chairman at Financial Excellence Ltd and founding managing partner of PwC Bangladesh.

The unfinished story of our liberation

My own act of resistance was small. It came in the form of a tiny pebble thrown at a military jeep passing through our town.

1d ago

A stronger future for Bangladesh’s export economy

For more than forty years, Bangladesh has carried a remarkable story of economic transformation. A country rooted in agriculture built one of the world’s most influential apparel industries through grit, discipline and a willingness to learn. The label “Made in Bangladesh” travelled across continents because workers and entrepreneurs believed they could do something bigger than their circumstances. That belief helped reshape the national economy and identity.

1w ago

Remembering Matiul Islam: A young man who died at 95

Bangladesh has lost one of its most enduring builders. M Matiul Islam, the country’s first finance secretary and a pioneering figure in the nation’s economic architecture, passed away on November 20 at the age of 95.

2w ago

Can litigation help banks tackle default loans?

Though I spent my banking life with foreign banks, I was mostly half-hearted about knowing the courtroom performance of local lawyers. Many were seen arriving without having done enough homework before defending their clients.

3w ago

Debugging the Bangladeshi tech firm scene

While at PwC, we implemented many CBS (core banking system), ERP (enterprise resource planning), CRM (customer relationship management), data analytics or technology transformation projects at various enterprises or banks. While our clients focused on smooth implementation by engaging our cross-border or the best of local resources, senior regulators or bureaucrats often used to ask us why we engaged so many cross-border technology experts and why we did not pursue joint business relationships or rely more on local firms. The hard truth was that we often had to engage cross-border resources because there was an identified shortage of trained local technology project implementation teams or firms.

1m ago

Making of a good risk manager

I became a credit signatory at ANZ Grindlays Bank in 1992. At Standard Chartered Bank, I had to clear all fourteen modules of the Credit Skills Assessment (CSA) by OMEGA London to qualify as a proper risk manager. At Citibank N.A., apart from my long experience in corporate banking and loan restructuring, I also needed cross-border audit exposure to even be considered for the Senior Credit Officer (SCO) designation.

1m ago

The future of retail banking

Retail banking in Bangladesh is entering a moment of reckoning. With the Bangladesh Bank (BB) preparing to issue digital banking licences, and with more organised mobile financial services, AI and platform technology becoming mainstream, it is no longer enough for a bank to be a place where peop

1m ago

There’s nothing like having an independent country!

What would have happened if we had lost the 1971 war?

1m ago
December 15, 2025
December 15, 2025

The unfinished story of our liberation

My own act of resistance was small. It came in the form of a tiny pebble thrown at a military jeep passing through our town.

December 8, 2025
December 8, 2025

A stronger future for Bangladesh’s export economy

For more than forty years, Bangladesh has carried a remarkable story of economic transformation. A country rooted in agriculture built one of the world’s most influential apparel industries through grit, discipline and a willingness to learn. The label “Made in Bangladesh” travelled across continents because workers and entrepreneurs believed they could do something bigger than their circumstances. That belief helped reshape the national economy and identity.

November 30, 2025
November 30, 2025

Remembering Matiul Islam: A young man who died at 95

Bangladesh has lost one of its most enduring builders. M Matiul Islam, the country’s first finance secretary and a pioneering figure in the nation’s economic architecture, passed away on November 20 at the age of 95.

November 24, 2025
November 24, 2025

Can litigation help banks tackle default loans?

Though I spent my banking life with foreign banks, I was mostly half-hearted about knowing the courtroom performance of local lawyers. Many were seen arriving without having done enough homework before defending their clients.

November 17, 2025
November 17, 2025

Debugging the Bangladeshi tech firm scene

While at PwC, we implemented many CBS (core banking system), ERP (enterprise resource planning), CRM (customer relationship management), data analytics or technology transformation projects at various enterprises or banks. While our clients focused on smooth implementation by engaging our cross-border or the best of local resources, senior regulators or bureaucrats often used to ask us why we engaged so many cross-border technology experts and why we did not pursue joint business relationships or rely more on local firms. The hard truth was that we often had to engage cross-border resources because there was an identified shortage of trained local technology project implementation teams or firms.

November 9, 2025
November 9, 2025

Making of a good risk manager

I became a credit signatory at ANZ Grindlays Bank in 1992. At Standard Chartered Bank, I had to clear all fourteen modules of the Credit Skills Assessment (CSA) by OMEGA London to qualify as a proper risk manager. At Citibank N.A., apart from my long experience in corporate banking and loan restructuring, I also needed cross-border audit exposure to even be considered for the Senior Credit Officer (SCO) designation.

November 2, 2025
November 2, 2025

The future of retail banking

Retail banking in Bangladesh is entering a moment of reckoning. With the Bangladesh Bank (BB) preparing to issue digital banking licences, and with more organised mobile financial services, AI and platform technology becoming mainstream, it is no longer enough for a bank to be a place where peop

October 27, 2025
October 27, 2025

There’s nothing like having an independent country!

What would have happened if we had lost the 1971 war?

October 26, 2025
October 26, 2025

The paperless future of microfinance

Nearly two years ago, the Bangladesh Bank issued a letter of intent (LOI) for licensing two digital banks. The process later proved flawed, and the recipients were seen as personally favoured.

October 19, 2025
October 19, 2025

Can Bangladesh get rid of corruption?

I went to my village home a few weeks ago. My uncle, a veteran of the 1971 Liberation War, does not mind paying extra to secure a job for his graduate son.