Friday, 2 December 2022     7:46 am

Board of Directors

Chairman

Mr. Md. Abul Hossain,
Chairman

Md. Abul Hossain has been serving as 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 31 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, he acted as the Managing Director of Karmasangsthan 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 Bangladesh Co. Ltd. (BATBC), Unilever Consumer Care Limited (UNILEVERCL), Standard Bank Limited, National Tea Company Limited (NTC), Apex Tannery Limited, United Power Generation & Distribution Company Limited (UPGDCL), Apex Footwear Limited, Heidelberg Cement Bangladesh Limited and Padma Bank Limited. In addition to perform his professional duties, Mr. Hossain is actively involved in different philanthropic activities of various national, social, cultural, religious and volunteer organizations.

Chairman

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.

Chairman

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.

Mr. Md. Helal Uddin,
Independent Director

Md. Helal Uddin is a professional bureaucrat (Deputy Secretary) working consistently over 18 years with progressively increasing responsibilities in Civil Administration. He has been working in the Finance Division, Ministry of Finance since 2011 and spend most of his career as national budget team member. His key competencies embrace Strategic Budget Management, Leadership and People Development, Establishing Processes and Systems. He is a team member who is results focused, problem solver, analytical, people oriented and resilient in strategy development and implementation, with unquestionable ethics, sound communication skill with high moral and motivational capabilities.

He completed his BBA from Khulna University, MBA (Finance) from Military Institute of Science and Technology (MIST), and later Studied MSc in Economics from Hiroshima University, Japan.

He underwent several professional trainings at IMF institute in Vienna, Austria and Singapore in Financial Programming and Policies (FPP), Government Financial Statistics (GFS), Medium Term Debt Strategy (MTDS) etc. He has earned the Certificate of International Public Sector Accounting Standards (IPSAS) by ACCA.

Chairman

Mr. Mahmudul Hasan Khusru FCA ,
Independent Director

Mr. Mahmudul Hasan Khusru FCA, has been the Council Member of ICAB since 2016. He was Vice Presidentof the Institute in 2016 & 2018.

Mr. Khusru is the Director & CEO of Expo Group, Bangladesh and Director & CEO of DataFort Limited (a franchisee of InfoFort LLC, UAE). He is alsoa Board Director of InfoSapex Limited, Freight Options Ltd & MASCO International Ltd and the Founder of robo2mation.com.

Mr. Khusru has been serving as the faculty member of ICAB for more than 17 years and engaged in the development of learning materials.He is also deeply involved in the continuous development process of ICAB in various capacities.

Mr. Khusru acquired degree on Innovation and Strategy from the Harvard University, USA. Presently, he is pursuing PhD on ‘Information Technologies for public sector reporting in Bangladesh’. He is extensively involved in advocacy role on various laws and policy formation process of Government including preparation of various research papers.

Director

Mahmuda Akhter ,
Director

Mrs. Mahmuda Akhter has been appointed as Director of the ICB Security Trading Company Limited (ISTCL). She joined Investment Corporation of Bangladesh as Senior Officer in 1995. She was last promoted as General Manager of ICB in 2021. She obtained her BSS (Hons.) and MSS Degree in Economics from the University of Dhaka. She also holds an MBA from the Daffodil International University of Dhaka. In addition, she is a Diplomaed Associate of the Institute of Bankers Bangladesh. Mrs. Mahmuda has been working in different Divisions and Departments including Investors Department, Budget & Risk Management Department, Appraisal Department, Secretaries Department, Equity and Entrepreneurship Fund (EEF), Mutual Funds Division, Administration Division of ICB in various capacities for the last 26 years. She also participated in various trainings, workshops and seminars across the country during her service life. She is currently serving as the General Manager of the Operations Wing of ICB.  Moreover, she is now serving as the nominee Director of Silva Pharmaceuticals Limited on behalf of the corporation.

CEO & Director

Mr. Md. Mofizur Rahman ,
CEO & Director

Mr. Md. Mofizur Rahman is the Chief Executive Officer (CEO) and Director of ICB Securities Trading Company Limited (ISTCL). He joined Investment Corporation of Bangladesh (ICB) in 2004 as System Analyst. He promoted to General Manager in 2022 and posted to ISTCL as CEO. He has Completed BSC Engineering in Electrical and Electronics Engineering (EEE) from Chattogram University of Engineering and Technology. He also completed MBA from Bangladesh Open University.

He has held various positions prior to join ISTCL. Before joining to ISTCL he served as System Manager in Hardware and Communication Division and Software Division of ICB. He also served as Deputy Chief Executive Officer, ICB Capital Management Limited. Beside that as Senior System Analyst he worked as the head of EEF Non Agro Department, Data Admin and MIS Department of ICB. Mr. Rahman also worked with Bangladesh Power Development Board from 1996 to 2004. He also worked on the Prime Minister Access to Information Project (A2I), Digital Bangladesh Implementation Project and Board Secretary of Bangladesh Data Center and Disaster Recovery Site Limited. He attended various training, seminar programs home and abroad. He is in the Board of Agni Systems Limited as a nominated Director from ICB.