Mati Ul Hasan has been appointed as managing director of Mercantile Bank.

Hasan had previously been serving the bank as additional managing director and chief risk officer, the bank said in a press release.

He started his professional banking career at IFIC Bank as a probationary officer in 1984.

He has held various positions in different branches and at the head office, including branch in charge of local office in the capital's Motijheel.

Hasan was posted at branches of overseas operations in Pakistan in different important positions and Nepal Bangladesh Bank, a joint venture of IFIC Bank as deputy managing director (DMD).

He previously worked at Mercantile Bank in 2014 as a deputy managing director.

He completed his diploma in Banking from the Institute of Bankers, Bangladesh and the Associates of the Institute of Bankers, Pakistan.