Late Al-Haj M. A. Khayer was born in 1928 in a respectable Muslim family of Hutigram under Gopalgonj District. He passed B.Sc from University of Dhaka. Mr. Khayer was elected as a Member of National Assembly of erstwhile Pakistan in 1970. By virtue of that, he was a Member of Constituent Assembly of Bangladesh. He was the founder Chairman of the Bank.

Mr. Khayer was a successful businessman and an industrialist. He was the Managing Director of M/S. Globe Industrial Enterprise Ltd., East Asia Company Ltd. and Reo Movies Limited. He was a social worker and was the President of Gopalganj Zila Somity.

Mr. Khayer was the Vice Chairman of Film Producers’ Association of erstwhile East Pakistan and General Secretary of Nikkon Academy of Fine Arts. He was the Joint Secretary of Arts Council of erstwhile Pakistan of which the Chief Secretary to the Government was the President. Mr. Khayer discharged his responsibilities as a Director of the Board of Agrani Bank in 1974. He was also Director of Bangladesh Film Development Corporation and Mutual Insurance Co. Ltd. He was the former member of Bangladesh Road Transport Authority, Bangladesh Family Planning Council and Bangladesh Film Censor Board.

Mr. Khayer served as the Chairman of the Bank from 02-04-2001 to 26-04-2002. Being the founder Chairman of the Bank, he played a very significant role in the formation stage of the bank towards making a dream into a reality.