Masud completed his Bachelors and Masters in Commerce from the University of Dhaka in 1982.
[4][5] He also introduced low interest housing loans for government officers.
[6] In January 2017, Masud was elected an executive member of Bangladesh Foreign Exchange Dealers' Association.
[9] Masud represents Rupali Bank at the Metropolitan Chamber of Commerce and Industry.
[10] During his tenure, Rupali Bank received criticism for a very generous rescheduling plan for loan defaulter Mother Textile.