BD Venture Limited prefers to invest in "growth businesses" aiming to grow rapidly to a significant size.
Primarily we invest in the following sectors
A strong and committed management team with a demonstrated track record and integrity.
High growth potential of the market, which the investee company seeks to serve. The market will need to be quantifiably large with growth opportunities especially in emerging areas addressed by global markets.
The investee company should possess the ability to develop and retain a long term competitive advantage through the use of technology.
Return On Investment:
There should be a logical and visible exit mechanism available for investor that provides attractive capital appreciation with above-average profitability.
Age of Business:
Minimum 6 months
Type of Organization:
Private Limited Companies (If the enterprise is not a Private Limited Company then it has to be registered as a Private Limited Company before the investment is done.)
Terms of Investment
- Maximum limit – BDT 30 million
- BD Venture's share would be between 10-49% of the investee company.
Forms of Investment
BD Venture Limited invests in the following modes :
- Equity linked instruments i.e. quasi-equities like fully or partly convertible or redeemable preference shares and debt securities with convertible features.
Mr. Mohammed Nasir Uddin Chowdhury
Mr. Mohammed Nasir Uddin Chowdhury, the Managing Director of Lanka Bangla Finance Ltd. accomplished his graduation and post – graduation from the University of Chittagong. Mr. Chowdhury joined Lanka Bangla Finance Limited (LBFL) as Managing Director on December 2011. Prior that, Mr. Chowdhury was the Chief Executive Officer of Lanka Bangla Securities Limited from July 2002 to April 2011 and Director of MIDAS Financing Limited representing LBFL till October, 2011. Mr. Chowdhury also served as Senior Vice President and Director of Dhaka Stock Exchange Limited from May 2010 to March 2011 and May 2008 – May 2009 respectively. He is a member of the Board of Directors of Lanka Bangla Securities Limited (LBSL) and Lanka Bangla Investments Limited. He played an instrumental role in the development of LBSL & Merchant Banking Operation of Lanka Bangla Finance which was later converted into a subsidiary of LBFL. He also holds directorship in Eastern Cables Bangladesh Limited and playing role as Vice Chairman of Financial Excellence Limited. Mr. Chowdhury has various articles on capital markets published in prime national dailies of Bangladesh.
Mr. M. Ehsanul Haque
Mr. M. Ehsanul Haque has thirty five years of success in managing and leading top-performing Multinational and Bangladeshi banks. He was CEO and Managing Director for eleven years in various banks and financial organizations’ like BRAC Bank, BRAC Afghanistan Bank, Infrastructure Development Company Ltd. (IDCOL), and Prime Bank. He implemented Global Best Practices in banking in Afghanistan, Bangladesh, India and Vietnam. His expertise are in the areas of corporate / commercial banking, financial and corporate restructuring, SME, Retail Banking, Micro, Small, Medium Enterprise business and new organization set-up like BRAC Afghanistan Bank which is owned by International Finance Corporation, Triodos Bank, Shore Bank and BRAC.
He worked as an advisor with International Development Agencies working in the areas of Sustainable Energy for Development, Vocational Training and Skills Development and Access to Finance. He also advised Local Corporate Houses in reorganizing and restructuring their businesses.
He is Advisor, Financial Excellence Ltd. – an organization providing advisory services, resource development to the financial sector and capital markets, Member, Small and Medium Enterprise (SME) Foundation and its Credit Wholesaling committee and Vice Chairman, Finance Committee, International Business Forum of Bangladesh.
Mr. Haque holds a Master degree in Economics from Jahangirnagar University.
Mr. Anis A. Khan (AAK)
Mr. Anis A. Khan (AAK), a Fellow of the Institute of Bankers, Bangladesh (IBB), is Managing Director & CEO of Mutual Trust Bank Limited (MTB), one of Bangladesh’s leading private sector banks, since April 2009. Prior to joining MTB, Mr. Khan headed IDLC Finance Limited (IDLC), the country’s largest financial institution (non-banking) for six years, as its CEO & Managing Director.
A career banker, Mr. Khan earlier served for 21 years, in a multitude of roles, with the then Grindlays Bank p.l.c. and with its successor banks - ANZ Grindlays and Standard Chartered (SCB), both in Bangladesh and abroad. He has also attended an Executive Program in Corporate Governance and Strategic Management at the Haas Business School of the University of California, Berkeley.
Mr. Khan serves the Metropolitan Chamber of Commerce & Industry, Dhaka (MCCI), as its Vice President. He is the Chairman of Primary Dealers Bangladesh Limited (PDBL), Chairman of the S.W.I.F.T. Member & User Group of Bangladesh, Vice Chairman of the Association of Bankers Bangladesh Limited (ABB) and Director of Industrial and Infrastructure Development Finance Company (IIDFC). He is also Vice Chairman of both MTB Securities Limited and MTB Capital Limited.
Mr. Syed Mahbubur Rahman
Mr. Syed Mahbubur Rahman has been appointed as Managing Director & CEO of Mutual Trust Bank Limited (MTB). Prior to joining MTB, he was the Managing Director & CEO of Dhaka Bank Limited. Before joining Dhaka Bank Limited, he served BRAC Bank Limited as Managing Director & CEO and Deputy Managing Director (DMD). He also served Prime Bank Limited as Deputy Managing Director. He has been elected as the Chairman of Association of Bankers, Bangladesh (ABB) for 2018 and 2019 and serving the association till now. He was accorded with 'The Asian Banker Leadership Achievement Award' for Bangladesh for his achievement in the period from 2011 to 2013.
After completing Master of Business Administration (MBA) from Institute of Business Administration of the University of Dhaka, he started his career with Saudi-Bangladesh Industrial & Agricultural Investment Co. Ltd. (SABINCO) as a Monitoring Officer (Officer in Charge of Monitoring) in 1988. He served Industrial Leasing & Development Co. (BD) Limited (IDLC) as Manager, Monitoring from 1993 to 1996. He also served ANZ Grindlays Bank, Bangladesh as Manager, Corporate Banking from 1996 to 1998 and Standard Chartered Bank as Relationship Manager, Corporate Banking from 1998 to 2000. In 2002, he joined Citibank N.A. as Resident Vice President and left the bank in 2008 when he was a Director of the bank and was serving as the Head of Financial Institutions Group.
Mr. Syed Mahbubur Rahman has attended various local and overseas training courses and workshops, and frequently delivers lectures in the field of finance, banking and management. He has a happy family with his wife and two lovely daughters.
Mr. Shawkat Hossain
Mr. Shawkat Hossain is a Fellow of Cost & Management Accountant of Institute of Cost & Management Accountants of Bangladesh. He has completed Masters in Development Management from Asian Institute of Management, Manila, Philippines in 1994 as a recipient of ADB Scholarship. He has 31 years of experience in his credit out of that 3 years in Venture Capital, 10 years in banking and 18 years in financial management/ Accounting profession. He worked for different sectors such as manufacturing, NGO, banks including different reputed organizations such as BRAC, BRAC Bank, Prime Bank, icddr,b etc.
He was heading SME division of Prime Bank Limited and leading a team of 250 staffs located at 55 branches and 17 SME branches. He was Head of SME of BRAC Bank Limited and leading a team of 700 staffs located at 250 Marketing unit offices spread in 62 districts. He developed strategy to sell loan to Small & Medium Enterprises. He was Head of Finance and Finance Manager of BRAC for 6 years. He worked for International Center for Diarrheal Disease Research for 4 years as Senior Cost officer.
He is experienced to work in multi cultural environment such as in Afghanistan for 1 and half years and was instrumental in setting up a foreign bank in Afghanistan.
Mr. Mustafizur Rahman
Mr. Rahman is holding the position of Managing Director of MIDAS Financing Limited. Prior to that Mr. Rahman was the Managing Director of CAPM Venture Capital & Finance Limited, Premier Leasing and Finance Limited and International Leasing and Financial Services Limited.He is an Investment Banking Professional having over 31 years of experience in some of the leading Non-Banking Financial Institutions (namely, CAPM Venture Capital & Finance Limited,Premier Leasing and Finance Limited, International Leasing and Financial Services Limited, LankaBangla Finance Limited, Union Capital Limited and IDLC Finance Limited) of Bangladesh.
He completed his graduation in Economics from Dhaka University and MBA in Finance from IBA of Dhaka University in 1983 and 1987 respectively.He started his career in Financial Institutions through joining in IDLC Finance Limited as officer in 1988.
He has received various professional training on different aspects of financing business including lease finance from different countries to acquire practical experience and knowledge on global Financing System.
Md. Monirul Islam
- An investment banker with more than 15 years of experiences in Asia and clients in Europe/USA.
- Working as Managing Director & CEO in BDV Asset Management Company, a subsidiary of BD Venture Limited, leading venture capital and private equity company in Bangladesh.
- Prior to joining BDV Asset Management Company, he was the head of business segments of Investment Banking, Structured Finance, Private Equity and Merger & Acquisition as the Director and Head of Corporate and Institutional Banking of BRAC EPL Investments Limited, a 100% owned subsidiary of BRAC Bank Limited.
- Prior to joining BEIL, he worked as a Manager of Audit and Advisory services of KPMGBangladesh for five years; Provided consultancy services to The World Bank, The City Bank Ltd. and United Commercial Bank Ltd. HSBC, Citibank NA etc.
- Mr. Islam attained a wide range of experiences in debt and equity capital markets with focuses on local and cross border loan syndication, project finance, private equity, mergers & acquisitions worth more than BDT 1,000 billion across various sectors including power and energy, finance, mobile financial services, textile, pharmaceuticals, chemical etc
- Mr. Islam, under his leadership, completed many international and local M&A transactions.
- Mr. Islam managed more than USD 100 million (equivalent BDT) investment portfolio .
- Conducted macro level research and equities research in Financial Services Sector of Bangladesh for foreign clients such as Morgan Stanley, JPM, UBS etc.; Reports were published in Bloomberg.
- Earned his MBA degree with concentration in Accounting and Information Systems (AIS) from University of Dhaka.
- Holds the designation of Fellow of Chartered Accountants (FCA) of the Institute of Chartered Accountants of Bangladesh (ICAB) .
Mr. Shafique ul Azam
After completing BSS (Hons) degree in Economies, Mr. Shafique ul Azam obtained his MBA from Institute of Business Administration (IBA), University of Dhaka in the year 1986. He started his career as Junior Project Management Officer in the same year in an NGO funded by USAID named Micro Industries Development Assistance Society (MIDAS). Later on, he joined in MIDAS Financing Ltd, a Non-Banking Financial Institute, an offshoot of MIDAS. He had been serving MIDAS and MIDAS Financing Ltd for 32 years. He worked in different management positions of MIDAS Financing including as managing director for nine years. As a Managing Director, he was successful in fostering every sector of the Company during his tenure. The Company has arrived at a new dimension through his leadership.
In the Journey of his career he attended various training courses and participated in seminars and workshops on different aspects of Banking, especially in project appraisal, entrepreneurship development and risk management locally and abroad. He is a trainer on Small, Medium and Micro Enterprise Financing and Entrepreneurship Development. He conducted many trainings on Small and Micro Enterprises Development and Micro-credit Management to the mid-level and senior officials of different NGOs, Banks, and International Institutions.
Mr. Aftab Ul Islam, FCA
With 36 years of field experience in the private sector, Mr. Aftab Ul Islam graduated first in Commerce (B.Com) and then in Law (LL.B). Later he went on to be a Chartered Accountant and a fellow of the Institute of the Chartered Accountants of Bangladesh (ICAB).
Mr. Islam began his career with a U.S.A. based multinational IT Company, NCR Corporation, and headed this organization for several years. In 1992, he launched his own business, IOE (Bangladesh) Ltd.He was elected President of one of the country’s leading Chambers, the Dhaka Chamber of Commerce and Industry (DCCI), on the backdrop of his positive contribution in the ICT sector.
In 2001, Mr. Islam was elected President of the American Chamber of Commerce in Bangladesh (AmCham), which works to promote trade and economic cooperation between the United States of America and Bangladesh. He has been instrumental in attracting substantial amount of foreign direct investment (FDI) into Bangladesh. He was elected as a Director of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the period 2005-2010. The Honorable Prime Minister of the Government of the People’s Republic of Bangladesh appointed Mr. Aftab Ul Islam as the Chairman of the SME (Small and Foundation Enterprise) Foundation for two years from September 8, 2009 to September, 2011. He was again elected President of AmCham in October 2011 for a two-year term. Mr. Islam is a Member, Board of Governors of the Institute of Business Administration, (IBA), University of Dhaka.
Mr. Md. Rafiqul Islam
Mr. Md. Rafiqul Islam is the Managing Director & CEO of Green Delta Capital Limited. Prior to joining this position, he was the Chief Investment Officer of the company.
Mr. Islam is a seasoned professional Investment Banker with the specialization in Corporate Finance, M&A, Private Equity, Corporate Banking, Wealth Management & Portfolio Management.
His extensive professional experience encompasses both in Debt and Equity Capital Markets products where he comprises in many milestone transactions for raising debt & equity funds including Foreign & local Syndication and IPO in various sectors such as Infrastructure, Power, Energy, Financial, Agro, Textile, Telecom, Manufacturing, FMCG and Food processing sectors.
Mr. Islam has wide-ranging experience in Islamic Finance such as Sukuk, from structuring to raising funds thru issuance of Sukuk for the corporates. Mr. Islam is also specialized in designing and structuring the Private Public Partnership (PPP) projects & infra deals and converting these as bankable deals.
With over 15 years of professional experience, Mr. Islam has built a successful track record of consistent sustainable value creation in the field of Investment Banking and Corporate Finance with raising funds from domestic and foreign markets for both debt and equity.
Mr. Islam beginning his career with a major conglomerate in Bangladesh in 2002 and then moved to Orascom Telecom Bangladesh (Vimpelcom) Mr. Islam was also with BRAC EPL Investments Limited as Associate Director & Head of Structured Finance.
Mr. Islam also perform as key note speaker and panel speaker in various international and national conferences, summit and in TV media on Capital Markets, Investment Banking, Private Equity and Venture Capital, organized by government agencies and private sector organizations. His contribution to promote Bangladesh among foreign investors has also been acknowledged by the Government of Bangladesh. Recently, Mr. Islam has been elected as the Vice President of Bangladesh Merchant Bankers Association (BMBA) for 2018 and 2019.
Mr. Islam completed Master of Commerce in Accounting and he has also completed MBA in Finance from East West University, Bangladesh.
Mr. Chowdhury Moshtaq Ahmed
Mr. Choudhury Moshtaq Ahmed is the Managing Director & CEO of National Bank Limited. Prior to his new assignment Mr. Ahmed was the Managing Director & CEO of the Farmers Bank Limited.
After completion of M Sc. degree from the University of Dhaka, he started his banking career in 1984 as the probationary officer with National Bank Limited. During 33 years of long career he served a number of reputed Banks in various important capacities including Deputy Managing Director of Mercantile Bank Limited. He has attended numerous professional workshops and seminars at home and abroad.
Mr. Ahmed is a member of Association of Bankers Bangladesh. He is actively associated with various social organizations.
Mr. Shafique ul Azam
After completing his BSS (Hons) degree in Economies, Mr. Shafique ul Azam obtained his MBA degree from Institute of Business Administration (IBA), University of Dhaka in the year 1986. He started his career in MIDAS as probationary officer in the year 1986. Since then he has been serving and holding different managerial positions in the Company. He was the incharge of operation division for different tenure. He played a key role in developing and introducing new investment and deposit schemes.
Being satisfied on his performance, the Board of Directors of the Company appointed him as the Managing Director of the Company in the month of May 2010. As a Managing Director, he has been trying his best to increase the growth of the Company in every sector. The Company has now arrived at a new dimension by introducing new products and services.
In the Journey of his career he attended various training courses and participated in seminars and workshops on different aspects of Banking, especially in project appraisal, entrepreneurship development and risk management locally and abroad.
Mr. Bidhu Bhusan Chakraborty
Mr. Bidhu Bhusan Chakraborty joined in the service of the Asia Pacific General Insurance Company Ltd. on 1st January, 2014 as an Additional Managing Director and taken the current charge of Managing Director of the Company from 1st February, 2014. He was born in the district of Comilla in 1956. He obtained Master of Commerce in Management from the Rajshahi University in the year of 1980 & joined in the service of Sadharan Bima Corporation (SBC) as a Deputy Manager in the year of 1983 & retired from there as General Manager in the year of 2013. He did the professional course of ABIA degree from Bangladesh Insurance Academy (BIA) with success.
Mr. Bidhu Bhusan Chakraborty is a versatile knowledgeable Insurance personality. He gathered 31 years wide experience in General Insurance as a regular employee of Sadharan Bima Corporation (SBC). He retired from SBC as a General Manager.
Mr. Bidhu Bhusan Chakraborty is a regular visiting lecturer & examiner of the Bangladesh Insurance Academy (BIA) and a coordinator of Training Program of Sadharan Bima Corporation (SBC). He was the Acting Managing Director of Sadharan Bima Corporation (SBC) several times.
Mr. Md Sayadur Rahman
Mr. Rahman is the Managing Director of EBL Securities Limited, Member: Dhaka Stock Exchange Limited & Chittagong Stock Exchange Limited. He is treated capital market expert of the country having 26 years job experience in different financial institutions like Bank, Leasing, Merchant Bank, Brokerage etc. He has completed Masters in Management from Dhaka University, MBA form Dhaka Campus of Honolulu University, USA and LLM from World University of Bangladesh.
Mr. Ahmed Saifuddin Chowdhury
Mr. Ahmed Saifuddin Chowdhury (Minto) is Managing Director & CEO of Bangladesh General Insurance Company (BGIC) Ltd. He started his career with BGIC since 1986 just immediately after completing his post graduate studies. He joined BGIC as a junior officer at Head Office, Dhaka. In 1987, he was transferred to BGIC’s Zonal office, Chittagong as accounts in-charge. By dint of his merit, talent and efficiency he has gathered vast knowledge and experience on Underwriting, Accounts & Finance, Administration, Branch Control, Re-insurance, Claim and Marketing. He has excellent social affiliation. He has taken over the charge of Managing Director & CEO from 1st August, 2013 and before that he was working as Additional Managing Director (Operations) & Company Secretary of this company at Head office, Dhaka. He was also worked as Deputy Managing Director of BGIC in Chittagong Zone till 31st March, 2009. He is an M.Com. in Management with Honours from Chittagong University and MBA from Southern University, Bangladesh. He is also acting as the Company Secretary.
Mohammed Adnan Imam FCCA
Mohammad Adnan Imam, a UK Citizen born in 1976, residing in both London & Dhaka. He is a Fellow Chartered Certified Accountant (FCCA) from London. Having a successful career in Finance and Investment Banking with world renowned Merrill Lynch Europe Plc. He is the Managing Director of IPE Group – which is involved in Real Estate and Private Equity in London and Dhaka, Technology and Outsourcing, Textiles and Finance.
He is married to Nadia Imam, Director of Arrow Group of Industries, Sponsor NCC Bank Limited and National Life Insurance Company Limited and is blessed with 2 sons.
Mr. Mamun Rashid
Mr. Mamun Rashid was the Director of BRAC Business School. He is also the Director of the Center for Entrepreneurship Development at BRAC University since April 2011. Prior to his joining BRAC University, Mr. Rashid was the Chief Executive Officer of Citibank, N.A, Bangladesh for more than eight years. Before that, he was the Head of Corporate and Institutions for the Standard Chartered Group in Bangladesh. He also advised Dhaka Bank Ltd on various risk management, retail banking and transaction banking issues. With a banking career spanning over 26 years he has served in many senior positions in Global Markets, Institutional Banking, Transaction Services, Debt Restructuring & Recoveries and Corporate Banking, both at home and abroad. He worked as an adjunct faculty with the Institute of Business Administration (IBA), Dhaka University and North South University, for several years, and has authored 6 books on contemporary issues in Economics and Business. He also worked with few leading vernacular and English dailies as university correspondent and editorial assistant during the period 1982 to 1985.
Mr. Mamun Rashid holds a Masters in Business Administration degree in Strategic Management from Henley Management College in the UK and Masters in Economics from the University of Dhaka, Bangladesh. Mr. Rashid has attended a variety of training courses across the globe which include the Indian School of Business, London Business School, Harvard Business School, Kellogg School of Management, Cranfield School of Management and New York Institute of Finance. He is the chairman of the Standing Committee on Banking Technique and Practices of the International Chamber of Commerce, Bangladesh (ICC,B). He sits on the academic council of BRAC University and is also a member of the “Bangladesh Board of Advisors” of the Asian University of Women and President of Bangladesh MBA Association. Mr. Rashid sits on the board of Marie Stopes Clinic Society, Shakti Foundation for Disadvantaged Women and IIDFC Capital Ltd. He is the Chairman of Financial Excellence Limited, a financial advisory and advocacy organization, Senior Advisor of Swisspro Invest Bangladesh Ltd. and Managing Partner of Ispahani Alliance Pharmaceuticals.Recently he has been appointed as Partner in-Charge of PricewaterhouseCoopers(PwC), Bangladesh.
Mr. Noor A Alam Chowdhury
Nearly two decades of experience in ICT. As a professional, Mr. Chowdhury headed the regional Technology Product Management Team based in Dubai for Standard Chartered Bank (SCB) covering 10 countries in Middle East and South Asia during the period of 1999 to 2001. Prior to the regional assignment he was Head of IT of SCB Bangladesh operation for five years. During his tenure SCB Bangladesh had undergone a tremendous technology upgrade which enabled them to become the no. 1 foreign bank in Bangladesh. His experience includes managing various large technology projects for SCB including the SCB–Grindlays Integration, various Technology Platform Migration for acquired Banks in Lebanon, introduction of automated service delivery channels across the region, etc. Prior to joining SCB, he also worked as Manager IT for CIBA-GEIGY (currently Novartis) and National Life Insurance, currently the largest private sector Insurance Company in Bangladesh. Mr. Noor has commendable knowledge in BFIs (including core banking) & ERP application and underlying technology platform.
Mr. Moshiur Rahman
Mr. Moshiur Rahman, aged about 54 years, after graduation had his credit training experience from Heidelberg, Germany on modern and economical working methods on advance printing technology. He successfully ran for many years Udayan Press Ltd. a family business enterprise. In 1989 he launched his own printing & packaging industry named Paragon Press Ltd. with high quality printing & packaging facility.
Moshiur Rahman also achieved tremendous growth in his vertically integrated Poultry Breeding & Feed manufacturing industry business. He started agro farming in 1993, now its annual turnover stands more than US$100 million. The farm has facilities to produce weekly 1.5 million day old chicks, 35,000 Breeder Chicks per week & 30,000 tons of feed per month. Moshiur Rahman sets up plants to produce green power from waste including recycled chicken excreta producing over 1MW electricity. A modern solar module factory collaboration with Dutch company exporting to Europe. Solar mini grid & mega grid projects are under implementation schedule. A very new venture targeting consumer market for frozen food, dairy products, tea, snacks etc. is launched.
He is the Managing Director of Paragon Press Ltd., Paragon Poultry Ltd., Parasol Energy Ltd., Usha Poultry Ltd., Paragon Feed Ltd., Chittagong Chicks Ltd., Rangpur Poultry Ltd., Paragon Agro Ltd.(Grand Parent Farm, Hazinagar Tea Estate, Rahmania Tea Estate, Paragon Fish Hatchery, Dairies, Consumer Products marketing etc.), Paragon Plast Fiber Ltd. He is also the Director of Malek Spinning Ltd., JM Textiles Ltd., Fathehbagh Tea Co. Ltd., Salek Textile Ltd., BD Venture Ltd. and Asia Pacific Insurance Co. Ltd.
Mr. Sajid Rahman
Mr. Sajid Rahman is an experienced international banker with exposures in emerging markets of South-Asia, Africa, Middle-East and South-East Asia. He has board-level experience in banks, managing a wide range of businesses and taking them through M&A and integrations. He was the country retail banking business head of Standard Chartered Bank in Bangladesh, West Africa and Indonesia. He managed businesses of balance sheet of more than billion dollars and built very high performing businesses while managing a multi-cultural team. Mr. Rahman started his own business last year focusing on improving trade corridor between Indonesia and Bangladesh as well working on infrastructure and technology projects to have a long-term impact on the growth of Bangladesh.
He is leading the effort to build the first 60 MW Wind Power Project in Bangladesh. This is a key initiative to build a long- term sustainable solution to energy demand of a growing economy like Bangladesh. The SPV, US-DK Green Energy Ltd (UDGEL), has signed a PPA with BPDB to provide electricity to the national grid.
Mr. Rahman is also actively involved in building startups as well as high performing SMEs. He has brought in the first silicon valley based accelerator, Founder Institute, to the country and is a director of Founder Institute. He has a very strong global network within the technology space, ranging from US to Europe to Asia, and is considered a thought-leader in this area with regular columns on topics related to investments and global trends. He is also instrumental in bringing the required financing to a number of technology companies in Bangladesh and helping build the next "Facebook" on our soil.
He is a mentor to Endeavor Indonesia, a US-based organization accelerating the growth of mid-size companies to billion dollar level. He is an advisor to Sabre, a financial services Private Equity working in emerging markets in Africa and Asia. The company has already taken strategic stakes in banks in Tanzania, Vietnam and Sri Lanka. Mr. Rahman is also very active in building the trade corridor between Indonesia and Bangladesh. He is involved in large scale commodity trades between Indonesia and Bangladesh. Mr. Rahman has a Master in Commerce with First position in First class from University of Dhaka and studied at London Business School and at University of Oxford.
Mr. M Manjur Mahmud
Mr. M Manjur Mahmud with his Computer Sc major brings in more than 25 years of practical experience in the Information Technology (IT) field. In years Mr. Mahmud has been successful rolling out more than 100+ projects in various fields. His main area of specialization is in Operational Excellence by managing Enterprise level project in PMI framework and also drives the Quality Assurance (QA) initiatives for the company.
Mr .Mahmud is one of the early Oracle Certified Professional in the country, a Project Management Professional (PMP-USA) and Information System Audit Professional (CISA-USA). He is an alumnus of Indian Institute of Management (IIM), Calcutta and University of Hong Kong (HKU) .He is also a trained Technopark Professional from South Korea. Mahmud is also one the private equity investors to facilitate equity financing in the Information Technology domain.
No description available
Mr. Abdul Hafiz Choudhury
Mr. Abdul Hafiz Choudhury, has over 40 years of experience in the corporate world. He is one of the founders and the past Chairman of Independent University, Bangladesh and a senior partner (retired from active service) of KPMG Rahman Rahman Huq, Chartered Accountants. He is a Director in the board of ICB Islamic Bank Ltd, Green Delta Insurance Co. Ltd. and New Zealand Dairy Products Bangladesh Ltd. He is also the Vice President of United Nations Association of Bangladesh.
Mutual Trust Bank Limited (MTB)
Mutual Trust Bank Limited (MTB) is a privately owned commercial bank, based in Dhaka, Bangladesh. It is involved in full-service commercial banking services, making its presence felt throughout the nation, via a large branch network with diversified products and services enabled with a state-of-the-art technological platform. MTB, a third generation private commercial bank was incorporated on October 24, 1999 and is sponsored by leading and highly reputed entrepreneurs of the country. It is based in Dhaka, Bangladesh and was adjudged the first-ever best “SME Bank of the Year” and best “Women Entrepreneurs’ Friendly Bank of the Year” by Bangladesh Bank and SME Foundation in 2014. MTB aspires to be one of the most admired banks in the nation and recognized as an innovative and client focused company. With its current network of 103 branches, 10 kiosks, nearly 200 modern ATMs, over 1,900 Point of Sales (POS) machines, located in prime commercial, urban and rural areas, MTB offers fully integrated real time Online Banking Services, Internet and SMS Banking to its clientele, through a dedicated Team of experienced Relationship Managers and Alternative Delivery Channels (ADC). MTB has three subsidiaries: a) MTB Securities Limited (MTBSL) Securities brokerage company with the largest network in the country with 16 branches and offices, b) MTB Capital Limited (MTBCL) – merchant bank with a branch in Dhaka, c) MTB Exchange (UK) Limited (MTB UK) - remittance house and Bureau De Change in London. (https://www.mutualtrustbank.com/)
National Bank Limited (NBL)
National Bank Limited (NBL) is one of the leading first generation private commercial banks having a vast network of 181 Branches, SME/Agri branches, exchange houses and foreign correspondents in and outside the country. National Bank Limited has been licensed by the Government of Bangladesh as a scheduled commercial Bank in the private sector, in pursuance of the policy of liberalization of banking and financial services in Bangladesh. In view of the above, the bank has within a period of 33 years of its operation, achieved remarkable success and met the capital adequacy requirement of Bangladesh Bank.NBL is a customer oriented financial institution. It remains dedicated to meet ever growing expectations of the customers because at National Bank, customer is always at the center. (https://www.nblbd.com/)
Green Delta Insurance Company Ltd. (GDIC)
Green Delta Insurance Company Ltd. (GDIC) started its journey on 1st January, 1986, as a public limited company with a paid up capital of BDT 30.00 million. After 3 decades, GDIC has established itself as a leading non-life Insurance Company with a dedicated and experienced management team, 600+ committed staffs, numerous valued clients and thousands of esteemed shareholders. The paid-up capital is currently BDT 807 million. With the credit rating of AAA and ST1, GDIC has achieved an excellent market reputation in the general insurance business by introducing a number of innovative products and formed a network of 39 branches in seven different zones across the country. Green Delta Insurance introduced the concept ‘Insurance for Everyone’ by setting up the Retail & SME Insurance department. This is the first insurance company in Bangladesh to have equity partnership with international Finance Corporation of World Bank group. Green Delta Securities Ltd., Green Delta Capital Ltd., Professional Advancement Bangladesh Limited and GD Assist Limited are four of the direct subsidiaries of Green Delta Insurance. (https://green-delta.com/)
Bangladesh General Insurance Company Ltd
Bangladesh General Insurance Company Ltd. or “BGIC Ltd.” is the first general insurance company in Bangladesh. BGIC was incorporated as a Public Limited Company and started business on July 29, 1985. The company has an Authorized Capital of BDT 1,000 million and shareholder’s equity of BDT 1060 million as on 31st December 2014, and is listed on both the Dhaka Stock Exchange and Chittagong Stock Exchange. BGIC has more than a decade of continuous growth and success as a leading insurer in Bangladesh, with adequate reserves against unforeseen losses and solid reinsurance security and agreements with reinsurers. BGIC is the first insurance company to go public and declare the highest rate of dividend with a continuous upward trend. The business portfolio risks are evenly balanced in marine hull, marine cargo, fire, motor, engineering and miscellaneous category, such as personal accident, burglary, overseas medical insurance and others. BGIC is also a pioneer among the insurance industry in the private sector to underwrite public issues of shares and work as a Trustee for Mutual Funds, Subordinated and Zero Coupon Bonds. It has been actively engaged in the Capital market for many years. (http://www.bgicinsure.com/)
LankaBangla Finance Limited (LBFL)
LankaBangla Finance Limited (LBFL) is a joint venture financial institution established with multinational collaboration, and is in operation since 1997 being duly licensed by Bangladesh Bank under the Financial Institutions Act, 1993. With the technical support from Sampath Bank Limited, Sri Lanka, LBFL has emerged as one of the most innovative financial institution in the country having the largest umbrella of financial products and services. Now LankaBangla is country’s leading provider of integrated financial services including corporate financial services, retail financial services, SME financial services, stock broking, corporate advisory and wealth management services. LankaBangla is the market leader in the capital market services and providing full-fledged investment management services with its three subsidiaries namely, LankaBangla Securities Limited (LBSL), LankaBangla Investments Limited (LBIL) and LankaBangla Asset Management Company Limited (LBAMCL). The other subsidiary LankaBangla Information System (LBIS) is a leading information technology service provider in the country.
The institutional shareholding structure, seasoned professional and motivated human resources, friendly working environment and dynamic corporate culture have enabled LBFL to be one of the respected financial services providers of the country (https://lankabangla.com/)
data edge limited
data edge limited was established in 2002 as an ICT system integrator having years of technology and operation domain expertise in BFIs, Manufacturing, FMCG, and Telecommunication verticals among the sponsors. Within it’s short span of operation, dataedge has become the name for complex mission critical solution provider for both public and private sector enterprises. dataedge provides technology-based business solutions offering predictable ROI and efficiencies across a broad range of business functions. dataedge’s major projects include Core Banking, Payment Card including EMV solutions. BACH, MICR bank cheque truncation. EFT system was developed and deployed by dataedge for Bangladesh Bank as turn-key project. dataedge has also been credited for MRP and MRV project of Government of Bangladesh for in-country and all Bangladeshi Missions around the world. dataedge is also operating as the Certifying Authority (CA) for digital signature under the brand dataedge ID. The platform of dataedge ID is equipped to provide highest reliability, safety and security for digital identity for emerging online exchange of information between B2B and B2C transactions. data edge is working towards Enabling Information Technology to Transform the Nation and Enhance Lives. (http://www.data-edge.com/)
ASIA PACIFIC GENERAL INSURANCE COMPANY LIMITED
ASIA PACIFIC GENERAL INSURANCE COMPANY LIMITED was incorporated as a Public Limited Company on November 17, I999 and started its operation in the middle of 2000. It is one of the leading General Insurance Companies of the country. The Company has been set up by a group of well-reputed and leading Industrialists of the country. The sponsors of the company include reputed Chartered Accountants, electronics equipment producer, network services and products producers, vehicle importers, garment exporters and importers etc. The paid-up capital of the company is BDT 423.50 Million and Reserves & Surplus are BDT 224.49 Million. The total assets as of December 31, 2013 stood at over BDT 1084.6 Million. The company has already occupied an appreciable position in the insurance industry and economy of the country. (http://www.apgicl.com/)
MIDAS Financing Limited (MFL)
MIDAS Financing Limited (MFL) is a Public Company Limited by share, incorporated on May 16, 1995 under the Companies Act 1994 and authorized to commence its business operation in Bangladesh as per certificate of commencement of business. The Company obtained license from Bangladesh Bank on October 11, 1999 to operate as a Non-Bank Financial Institution under the Financial Institution Act 1993. The Company is a listed Company with Dhaka Stock Exchange Ltd. since October 26, 2002, with Chittagong Stock Exchanges Ltd. since July 27, 2004 and its shares have been quoted and transacted in stock exchange in dematerialized form through Central Depository Bangladesh Limited (CDBL) from March 23, 2005. On June 24, 2012 the registered office of the Company has been shifted from Nahar Green Summit (2nd Floor) House No. 43, Road No. 16 (New)/ Old 27, Dhanmondi, Dhaka-1209. MIDAS Investment Limited, a subsidiary Company of MIDAS Financing Limited holding 99.99% shares was incorporated on 9th April, 2012 under the Companies Act XVIII of 1994 bearing registration number C-100772/12 with a view to operating Merchant Banking Business. The Merchant Banker Registration Certificate is yet to be received from Bangladesh Securities and Exchange Commission. (http://www.mfl.com.bd/)
IPE Capital is a boutique private equity firm based in Central London. It has established its fore-fronting mid-market firm with smart investments across sectors of business of various stages .Its management team has been carefully selected to deliver excellence in its line of business. Over the years, its ethos has led to the organic growth of IPE capital, and has attracted industry experts to join them and together generated exceptional returns. (http://ipe-capital.com/)
EBL Securities Limited (EBLSL)
EBL Securities Limited (EBLSL) is fully owned subsidiary of Eastern Bank Limited. It provides brokerage services through Dhaka Stock Exchange Limited (Corporate Member 26) and Chittagong Stock Exchange Limited (Corporate Member 21). EBLSL’S service is entirely automated for merchant banks, asset management companies and mutual funds. EBL Securities Ltd is committed to being a preferred brokerage house providing comprehensive services to help achieve client’s financial goals through the guidance of highly qualified and experienced authorized persons. It handles prestigious and renowned corporate clients, individual investors and financial institutions by providing them with a wide range of services. (http://www.eblsecurities.com)
Mr Wahidul Haque Siddiqui
Managing Director of Norban Fashion Limited
Mr Ghulam M Alomgir
Chairman of Max Group.
Mr Abdul Hafiz Chowdhury
No description available.
Mr. Chowdhury Fazle Imam
By virtue of his exposure as Leader in global business community, he is also known as serial entrepreneur, investor, tech enthusiast, chemist and a philanthropist. In early days, he has worked in different countries including Bangladesh and UK and held Senior Management position for the last 40 years. Starting his career in water development sector, he became the Head of Chemical Operation of water testing laboratory of Camp, Dressor and Mckee (American Engineering Consultant to Bangladesh Government for Public Health and WASA). He also held the position of Senior Scientist with Research & development Centre, John Laing Construction andbConsultant Company in U.K. and has wealth of experience in solving problem in cracking, disintegration, dampness and sand and cement ratios. He has performed as senior scientist and Head of Production and Quality Control of Novartis (UK & Bangladesh) Ltd for 19 years and was involved in setting up of Formulation Plant at Chittagong with some Swiss expertise. He also led Archway Associates as Managing Director. After retirement in 1999, he returned to London in 2000 and joined Martindale Pharmaceuticals and worked there till 2005. Later, he has established the construction and real estate company “AWR Developments (BD) Ltd” and taking up the position as Chairman. He is also successful entrepreneur and Chairman of IPE Group and invested in different sectors including Real Estate, Finance and Investment, ITES, Energy, LPG etc.
Obtaining financing is one of the biggest hurdles most entrepreneurs will have to overcome. Online crowd funding — raising smaller amounts of money from multiple backers — has become an increasingly common solution to this dilemma because it allows startups and innovative businesses to reach out to a large number of potential investors at once.
BD Venture Ltd, has developed a web-based crowd-funding platform to create a perfect match between investors and entrepreneurs.
M Ehsanul Haque, chairman of BD Venture, disclosed this at a program at the office of the Bangladesh Association of Software and Information Services (BASIS) in Dhaka on September 26, 2018. Syed Almas Kabir, president of the BASIS, officially inaugurated the platform, the first of its kind in Bangladesh, titled 'FundSME.com.bd'.
Crowd-funding is a well-known platform in western countries and even in India where innovators can register their creative products and ideas and offer opportunities to investors to invest.
Speaking at the event, speakers said the youth of the country have very lucrative ideas that can change the whole country. However, they do not have enough funds to make their ideas into reality. On the other hand, there are a lot of people who have money to invest but cannot do so as they don't have any suitable business idea.
We want to help both parties match each other through this initiative said Haque.
BD Venture Limited (BDVL), first Venture Capital company registered with Bangladesh Securities & Exchange Commission as Alternative Investment Fund Manager, announced its second VC Investment Exit from Brain Station 23 Limited (BS-23). The shareholding of BDVL was purchased by a consortium of private investor lead by EDGE AMC Limited. The share transfer agreement was signed on January 19, 2021 at BDVL office in Dhaka. Mr. Shafique-ul-Azam, Managing Director of BDVL and Mr. Ali Imam, CFA, CEO of EDGE AMC represented their respective companies. Mr. Noor A Alam Chowdhury, Chairman of BDVL, Mr. Monirul Islam, FCA, MD & CEO of BDV AMC Ltd., Mr. Asif A Khan, CFA, Managing Partner of EDGE AMC, Mr. Masud Khan, Chairman of Unilever Consumer Care Limited, Mr. Montakim Ahmed, FCCA, ACA (ICAEW), Partner of ACE Advisory, Mr. Kazi Zubaidur Rahman, Director of Kazi Equities were also present at the signing ceremony.
BS-23 Limited is a leading Information Technology company serving mostly in the Business Process Outsourcing (BPO) market. The company started its operation with a team of 4 personnel. Right now, they are a team of around 350 programmers and have their presence in different countries around the world. Currently they are emphasizing on local market alongside BPO. Their key strength is strong talent pool.
The investment in BS-23 was made in third quarter of 2016. In four years, the investment yield in a five times capital gain.
BDVL has been working relentlessly for last 8 years to promote innovative and potential seed, early & growth stage start-ups to pave their expansion through facilitating investment & other relevant services. The majority of BDVL’s Capital comes from institutional shareholders like Banks (Mutual Trust Bank Ltd., National Bank Ltd.), NBFIs (LankaBangla Finance Ltd., MIDAS Financing Ltd., EBL Securities Ltd.), IT company (data edge ltd.) and Insurance companies (Green Delta Insurance Company Ltd., Bangladesh General Insurance Company Ltd., Asia Pacific General Insurance Company Ltd.) while the balance from reputed professional and entrepreneurs. Since 2012, it has funded 11 startups and made successful exit from two investee companies including BS-23. The company is now in the process of raising Venture Capital Fund of Tk. 50 crore in the name of BDVL Venture Fund 1.