Monday, 26 July 2021     12:01 pm

Board of Directors


Md. Abul Hossain,

Mr. Md. Abul Hossain joined as Chairman in the Board of ICB Securities Trading Company Limited (ISTCL) on 31 January 2021. He has been the Managing Director of Investment Corporation of Bangladesh since 21 August 2019, the core public sector investment bank of the country. Mr. Hossain has more than 30 years of diversified experience in investment banking, specialized and commercial banking, Islamic Banking, Asset management and ICT works. He started his career as a System Analyst/Senior Principal Officer of ICB in 1998 and served in different positions in the same organization. Prior to his joining in ICB as Managing Director, he acted as managing Director of Karmosangsthan Bank. He also served as the Managing Director (Additional Charge) and Deputy Managing Director of Bangladesh Krishi Bank. Currently, he is contributing his professional expertise as a Board Member of British American Tobacco Co. Ltd. (BATBC), Standard Bank Limited, National Tea Company Limited (NTC), Apex Tannery Limited, United Power Generation & Distribution Company Limited (UPGDCL), Apex Footwear Limited, Ratanpur Steel Re-rolling Mills Limited (RSRM), Heidelberg Cement Bangladesh Limited, Padma Bank Limited. Mr. Hossain is actively involved in different philanthropic activities of various national, social, cultural, religious and volunteer organizations.


Muhammed Iqbal Hussain,
Director and Chief Executive Officer

Mr. Muhammed Iqbal Hussain is the General Manager of Investment Corporation of Bangladesh (ICB). He obtained Bachelor of Science and Master of Science degree in Economics from Jahangirnagar University in 1982 and 1983 respectively. He completed Banking Diploma (Part-1) from the Institute of Bankers, Bangladesh (IBB).

The Government of the Peoples' Republic of Bangladesh promoted Mr. Muhammed Iqbal Hussain as General Manager on 07 November 2016 and posted him in ICB. Then the Government posted its General Manager in ICB Securities Trading Company Limited (ISTCL) in the capacity of Chief Executive Officer. Mr. Muhammed Iqbal Hussain took the charge of ISTCL in 10 November 2016. He also acts as the Company Secretary, Compliance Authority and TREC Representative of the Company (ISTCL).

Mr. Muhammed Iqbal Hussain started his career as a Senior Officer with ICB in 1987 and was posted in the Central Accounts Department. He worked in that department along with Audit & Methods and Securities Reconciliation Department for 7 years. Then he got promotion in the rank of Senior Principal Officer. In that capacity he worked in Chittagong Branch, ICB. The Corporation deputed Mr. Muhammed Iqbal in its subsidiary company ICB Capital Management Limited, Chittagong Branch as the Branch In Charge from 2003 to 2007. After that the Corporation promoted him to the rank of Assistant General Manager in 2007. In that capacity he served the Venture Capital, Secretaries and Leasing Department respectively. In 2010, he was promoted to the post of Deputy General Manager (DGM). As a DGM, he made valuable contributions in the Credit, Leasing, Internal Control and Compliance as well as Administration Division. Mr. Muhammed Iqbal Hussain also served the Sylhet Branch, ICB as Branch In Charge in 2015.


Provash Ranjon Roy,

Mr. Provash Ranjon Roy is the General Manager of Investment Corporation of Bangladesh (ICB). He obtained B.Com (Hons) and M.Com degree in Marketing from the University of Dhaka in 1983 and 1984 respectively. He completed Banking Diploma (1st Part and 2nd Part) from the Institute of Bankers, Bangladesh (IBB). He also completed Post Graduate Diploma in Financial Management (One year duration) from Bangladesh Institute of Management, Dhaka.Mr. Roy attended in Training Program on “Portfolio Management Strategies” in International Malaysian Training Center (IMTC) situated in Kuala Lumpur, Malaysia.

The Government of the Peoples' Republic of Bangladesh promoted Mr. Provash Ranjon Roy as General Manager on 22 March2020 and posted him in ICB. Then ICB nominated Mr. Roy as Director of ICB Securities Trading Company Limited (ISTCL). The board of ISTCL confirmed his appointment on 08 June 2020.

Mr. Provash Ranjon Roy started his career as a Senior Officer with ICB in 1987. Mr. Roy served as Deputy General Manager (DGM) in Finance, Merchandising and EEF Administration Division and made his valuable contributions to his respective job areas. He served as Branch Manager in Sylhet and Khulna Branch of ICB.He also served as Assistant General Manager (AGM) to Unit Repurchase Department, Human Resources Department, Securities Analysis Department, EEF, EEF Implementation Department as well as Special Fund Management Unit. Besides that, Mr. Roy served as Senior Principal Officer in ISTCL.


Dr. Mohammed Helal Uddin,
Independent Director

Dr. Mohammed Helal Uddin obtained his Ph.D in Agricultural and Resource Economics from the University of Maryland at College Park, USA in 2008. Before that he completed M.S. in Agricultural and Resource Economics from the same institution in 2004. He completed his M.A. in Economics from the University of Florida at Gainesville, USA in 1999. He obtained B.S.S. (Hons.) and M.S.S. in Economics from the University of Dhaka in 1991 and 1992 respectively.

Dr. Mohammed Helal Uddin is a Professor at the Department of Economics, University of Dhaka, Bangladesh. He started his teaching career as a lecturer at the Department of Economics, Shahjalal University of Science and Technology, Sylhet in May 1996. Dr. Helal continued his teaching profession there as an Assistant Professor until July 2002. After his PhD, Dr. Helal joined in the Department of Economics of Dhaka University in 2008. He served the Department as an Assistant Professor from July 2008 to May 2014. Then Dr. Helal has been promoted to Associate Professor and till now he is serving the department.

Besides Dhaka University, Dr. Helal is currently working with the World Bank Group on Food Prices, Middlemen and Marketing Institutions. He worked at the World Bank head office, Washington D.C. from May 2006 to April 2008 on African Infrastructure. He worked as a Consultant of International Labour Organization (ILO), Food and Agriculture Organization (FAO) and World Food Programme (WFP) of the United Nations and as a Research Associate of Public Utility Research Center (PURC) of the University of Florida.


Joarder Israil Hossain,
Independent Director

Mr. Joarder Israil Hossain is the General Manager at the Governor's Secretariat, Bangladesh Bank. He passed B.S.S. (Hons) and M.S.S. in Economics from the University of Dhaka in 1983 and 1984 respectively. After that, he completed MBA in Management from the same University in 2007. He completed "DAIBB" (Diplomaed Associate of the Institute of Bankers, Bangladesh) from IBB (Institute of Bankers Bangladesh).

Mr. Joarder Israil Hossain started his career in Bangladesh Bank as an Assistant Director. During his long career, he worked in Bangladesh Bank in different capacities at different times. He worked in the Agriculture Credit Department and Banking Regulations & Policy Department from 1988 to 1996 in the capacity of Assistant Director. Then he worked as a Deputy Director in the Banking Regulations & Policy Department and Department of Banking Inspection from 1996 to 2002. He worked as a Joint Director in the Human Resources Department from 2002 to 2007.

He was Deputy General Manager of the same organization in the Department of Currency Management and Banking Regulations & Policy Department from 2007 to 2011. After that, he served the Bangladesh Bank Training Academy (BBTA), Financial Sector Support & Strategic Planning Department and as Currency Officer of the same organization in the capacity of General Manager.


Yusuff Hasan,
Independent Director

Mr. Yusuff Hasan, a retired faculty member of the Bangladesh Institute of Management (BIM), did his B.A. (Hons.) in Economics from the University of Dhaka, Bangladesh in 1972. He, then completed MBA, majoring in Finance from the Institute of Business Administration (IBA) of the same university in 1975. In the year 1987, he did MBA majoring in General Management, from the University of Toledo, Toledo, Ohio, USA under an IDA fellowship.

Mr. Yusuff Hasan has spent most of his productive life working (1980 to 2008) as a faculty member of the Bangladesh Institute of Management (BIM) formerly known as the Bangladesh Management Development Centre (BMDC). Prior to that he served as an executive in the Jamuna Oil Company Ltd. between 1975-1980. In his professional career, he has provided advisory services to different organizations such as Bangladesh Steel and Engineering Corporation, Bangladesh Jute Mills Corporation, Asian Development Bank, UNIDO, UNFPA, ADB, JICA, etc.

Mr. Yusuff Hasan co-ordinated two international programmes, one being the Regional workshop on "Export Pricing, Costing and Budgeting" held in Dhaka between April 03-07, 1989 under ITC/GATT/UNDP Project RAS/86/019 titled "Strengthening Training Institutions for the Foreign Trade Sector", and the other being the "Regional Workshop on "Performance Contract" held in Dhaka between November 21 - 25, 1993 in collaboration with the Economic Relations Division, Ministry of Finance, Government of the People's Republic of Bangladesh, Institute of Public Enterprises, Hyderabad, India with the financial assistance of CFTC, Commonwealth Secretariat.


Mohammad Iftekhar Hossain,
Independent Director

Mr. Mohammad Iftekhar Hossain is currently working as a Deputy Secretary in Financial Institution Division (FID) of Ministry of Finance. He joined the Bangladesh Civil Service in 2001 as a member of 20th Batch of BCS Administration Cadre.

Prior to joining in FID, he was serving as the Deputy Commissioner and District Magistrate in Satkhira District. Apart as DC & DM, Mr. Hossain has also worked in field administrations as; Assistant Commissioner and Magistrate in Comilla Collectorate, Assistant Commissioner (Land) at FeniSadarUpazila, Senior Assistant Commissioner and Magistrate of the First Class in Brahamnbaria Collectorate, Upazila Nirbahi Officer (UNO) at Gaibandha Sadar Upazila and Additional Deputy Commissioner (ADC) in Dhaka District.

Mr. Hossain has a rich experience of working in different ministries. He worked as Deputy Secretary at Health Services Division of Ministry of Health and at Economic Relations Division (ERD) of Ministry of Finance. At ERD, he was also working at Bangladesh’s NDA Secretariat to Green Climate Fund (GCF) since its inception in November, 2014 and was dealing with climate finance issues as one of the pioneers in the country. He also served in Ministry of Public Administration, Ministry of Expatriates’ Welfare and Overseas Employment and Ministry of Home Affairs.

Although his native village is in Rajshahi, he was brought up and educated in Dhaka. Starting from Tejgoan Government High School, he went through Notre Dame College and University of Dhaka. He obtained honours and Masters in Accounting from University of Dhaka. He also obtained another Masters in Development Economics from University of Birmingham, UK under a DFID scholarship.

During his early age, he used to play Cricket and still is very passionate with different sports like Cricket, Football and Tennis. He loves to read books whenever he finds time. Mr. Hossain is married and his wife Mrs. Sadia Nusrat is an English Graduate with a Masters in Development Studies. They are blessed with three sons; Ramin, Shafin and Hamim. Along with their grandmother, the whole family resides in Senpara Parbata, Mirpur-10, Dhaka.