Toufic Ahmad Choudhury is a Bangladesh economist and banker. He is the former director general of the Bangladesh Institute of Bank Management. He is the director general of the Bangladesh Academy for Securities Markets, a wing of the

Bangladesh Securities and Exchange Commission The Bangladesh Securities and Exchange Commission (BSEC) is the regulator of the capital market of Bangladesh, comprising Dhaka Stock Exchange (DSE) and Chittagong Stock Exchange (CSE). The commission is a statutory body and attached to the Mini ...

. He is a founding member of the

Dhaka School of Economics The Dhaka School of Economics (DScE) () is an autonomous institution under the University of Dhaka. DScE was founded in April 2010, following the model of the London School of Economics, to promote higher studies and research in economics and rela ...

. He is an independent director at

Eastern Bank Eastern Bank is a bank based in Boston, Massachusetts. Before Demutualization, de-mutualizing in 2020, it was the oldest and largest Mutual savings bank, mutual bank in the United States and the largest community bank in Massachusetts. With 95 b ...

Early life

Choudhury did his undergraduate at

Jahangirnagar University Jahangirnagar University (, abbreviated as JU; initially started as Jahangirnagar Muslim University; ) is a fully residential public university, public research university located in Savar Upazila, Savar, Dhaka, Bangladesh. It was established in ...

in 1979 and his PhD at

Himachal Pradesh University Himachal Pradesh University (HPU) is a Public university, public State university (India), state university at Summer Hill, Shimla, Summer Hill, Shimla, Himachal Pradesh. It was established on 22 July 1970 by ''The Himachal Pradesh University A ...

in 1990.

Career

Chwodhury joined the

Bangladesh Institute of Development Studies The Bangladesh Institute of Development Studies (BIDS) () is an autonomous multi-disciplinary public research organization that conducts policy research on development issues for Bangladesh. Supported by the Government of Bangladesh, BIDS funct ...

as a research associate. He joined the Bangladesh Institute of Bank Management as a lecturer in 1981and became a full professor in 1997. He is the chairperson of the audit committee and member of the risk management committee of Eastern Bank Limited. Choudhury called for allowing Farmers Bank to die, contradicting the minister of finance

Abul Maal Abdul Muhith Abul Maal Abdul Muhith (25 January 1934 – 30 April 2022) was a Bangladeshi economist, writer, civil servant, secretary, diplomat and politician. He served as the finance minister of the government of Bangladesh from January 2009 until January ...

who advocated for saving the bank. He blamed the high interest rates in Bangladesh on the large number of defaulted loans in July 2019. He is a director of EBL Investments Limited. He is an ambassador of Valor of Bangladesh. Choudhury is a member of the board of governors of the Bangladesh Academy for Securities Markets. He is an independent director at

and C&A Textiles Limited. He is a founding member of the governing body of the

. He is an adjunct faculty of

East West University East West University (, also known as EWU), is a private university located in Aftab Nagar, Dhaka, Bangladesh. It was established in 1996 under the Private University Act of 1992. History The East West University was established in 1996 as a ...

. He is the chairperson of D.Net. He is a member of the Bangladesh Economic Association. He is a director of the National Credit Ratings Limited.

Bibliography

* Banking Research Series 2019: A Compilation of Research Workshop Papers

References

{{DEFAULTSORT:Choudhury, Toufic Ahmad Living people Bangladeshi civil servants Bangladeshi bankers Bangladeshi economists Jahangirnagar University alumni Himachal Pradesh University alumni Academic staff of East West University