Tan Sri Dato Ahmad started his career with the Corp of Accountants, Government of Malaysia between 1972 and 1973 before joining the private sector. Between 1973 and 1980, he served as the Financial Controller in companies such as Syarikat Jengka Sdn. Bhd., Mansfield Berhad as well as Pernas Securities Sdn. Bhd. where he was also the Company Secretary. In November 1980, he joined Permodalan Nasional Berhad as the Deputy General Manager and was involved in the planning and launching of the National Unit Trust Scheme in 1981. Subsequently in April 1982, he joined Malayan Banking Berhad as General Manager, Treasury. During his service with Malayan Banking Berhad, he rose through the ranks of Senior General Manager and Board Member, then as Executive Director and in January 1991 he was appointed the Group Managing Director and Chief Executive Officer, a position which he held until 1994. 

Tan Sri Dato Ahmad was the Governor of Bank Negara Malaysia from May 1994 to August 1998.  He was Chairman of Zurich Takaful Malaysia Berhad, Zurich Life Insurance Malaysia Berhad and Hap Seng Plantations Holdings Berhad. Currently, he is the Chairman and Independent Non-Executive Director of Alliance Bank Malaysia Berhad. He joined Malaysian Genomics Resources Centre Berhad  as an Independent Non-Executive Director on 5  May 2020.

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Direct interest - 110,500 shares