K Mahmood Sattar, managing director and CEO of The City Bank Ltd, has been elected chairman of Association of Bankers, Bangladesh Ltd for 2007-09 term. Mahmood Sattar has 26 years of experience in banking sector both at home and abroad, says a press release.

The elected vice chairmen of the association are M Shahjahan Bhuyian, managing director (MD) of Prime Bank Ltd, Md Nurul Amin, MD of NCC Bank Ltd, and Khandker Fazle Rashid, MD of Premier Bank Ltd.

Neaz Habib, deputy managing director of United Commercial Bank Ltd, has been elected secretary general of the association.