M Shah Alam Sarwar has taken over as managing director of the Premier Bank Limited.

Prior to his joining the Premier Bank, he held positions in United Commercial Bank (UCB) as additional managing director and acting managing director and in IPDC as managing director.

He started his career with ANZ Grindlays Bank as management trainee in 1982 and held senior management positions in American Express Bank (AmEx) and Standard Chartered Bank and ANZ Grindlays Bank.