Mr. Muhammad A. (Rumee) Ali- Chairman
Mr. Ali is the Chairman of BRAC EPL Investments Limited. He joined the Board of BRAC Bank in 2007 and was elected the Chairman, in 2008, taking over from the Founder Chairman Mr. Fazle Hasan Abed. He is the Managing Director, Enterprises at BRAC and also a Director of BRAC BDMail Network Limited, Delta Brac Housing Finance Corporation Limited, BRAC Karnofuli Tea Company Ltd., BRAC Kayachora Tea Company Ltd., BRAC Bashkhali Tea Company Ltd., BRAC Kodala Tea Estate, BRAC Services Limited (BRAC Centre Inn), Bangladesh Netting Factory Limited.
Mr. Rumee Ali served at different levels in local and international banking sectors. Prior to joining BRAC in 2007, he served as the Deputy Governor of Bangladesh Bank from 2002 to 2006 and was responsible for Supervision, Anti Money Laundering and Information Technology. During this period he was also involved in regulatory reforms, particularly in the Risk Management area. With his appointment as Country Head and General Manager of ANZ Grindlays in March 1997, Rumee Ali became the first Bangladeshi to head a major international bank in Bangladesh. In July 2000, following the takeover of ANZ Grindlays by Standard Chartered Bank, Rumee Ali was appointed the CEO of the Standard Chartered Group in Bangladesh, heading both Standard Chartered Bank and Standard Chartered Grindlays Bank. His banking experience includes stints in India, United Kingdom and Australia. Rumee Ali was elected a Fellow of the Institute of Bankers, Bangladesh, in 2001. At present, he is the Vice Chairman of Bangladesh Association of Banks and Vice President of Bangladesh Employers Federation.
Rumee Ali is a director on the boards of several organizations including The CSR Institute, International Centre for Study of Bengal Art, Sub-Committee for Taxation of the Metropolitan Chamber of Commerce & Industries, a council member of The Institute of Bankers, Bangladesh, and is a member of the Global Steering Committee of the ‘Performance Based Grants Initiative’ of the International Finance Corporation, Washington DC. He served as a member of the Better Business Forum and is, at present a member of the Technical Advisory Committee of the Bangladesh Investment Climate Fund. He also served as a member of the National Advisory Committee on Small & Medium Enterprises (2005/6) and is associated with the Small & Medium Enterprises Foundation as a member of the General Body.
Rumee Ali was born in Dhaka, Bangladesh, in 1951. He has a Masters in Economics from Dhaka University.
Mr. Saiful Islam – Vice Chairman
Mr. Islam is the Vice Chairman of BRAC EPL Investments Limited. He served as Senior Vice President of the Dhaka Stock Exchange (DSE) and currently he is the director of Dhaka Stock Exchange (DSE). He was the Senior Vice President and Chief Operating Officer of Union Capital Limited (UCL), a brokerage house, merchant bank and leasing company in Bangladesh. Prior to UCL, Mr. Islam was head of Operations of Peregrine Capital Limited (PCL), Bangladesh Branch Office, Manager, Securities Operations, of PCL and Manager, Settlements and Client Services, Custodial Services of Standard Chartered Bank, Bangladesh. He has over 17 years of global and local experience in key business and support roles.
Mr. Syed Mahbubur Rahman – Director
Mr. Syed Mahbubur Rahman is a director of BRAC EPL Investments Limited. He joined BRAC Bank Limited as Deputy Managing Director recently. Prior to joining BRAC Bank, he served Prime Bank as its Deputy Managing Director. Mr. Mahbub has been working in the banking industry for about 20 years, with a wealth of knowledge and experience primarily in the corporate banking business. He started his career by joining Saudi Bangladesh Agricultural and Industrial Investment Co. (SABINCO). Subsequently he had successful stints with IDLC, ANZ Grindlays Bank, Standard Chartered, and Citibank N.A. in senior management roles. During his long banking career he underwent various training courses and participated in seminars and workshops on different aspects of banking held in the country and abroad, an gained excellent exposure in all modern concepts of banking. Mr. Mahbub received his MBA from Institute of Business Administration, University of Dhaka.
Mr. Nabil Mustafizur Rahman
Mr. Nabil Mustafizur Rahman is a director of BRAC EPL Investments Limited. He joined BRAC Bank Limited in January 2009 as Chief Credit Officer. Prior to joining BRAC Bank Limited he worked with AB Bank as Head of Structured Finance.
He also served as Head of Investment with IPDC. Before that he had worked with HSBC, Credit Agricole Indosuez, ANZ Grindlays Bank and Beximco Group. He started his career with Joyful Miles Ltd. in Hong Kong. His expertise and exposure are primarily in Risk Management and Corporate Finance. He also has experience in Islmaic Banking with HSBC Amanah.
He attended various training courses and participated in seminars and workshops on different aspects of banking, especially in risk management locally and abroad. He has 17 years of working experience in the banking industry and the commercial sector. He obtained an MBA from Institute on Business Administration Dhaka University.
Mr. Nanda Dulal Saha, ACA - Director
Mr. N D Saha, is currently serving as Associate Director of Internal Audit of BRAC, the largest Non-Governmental Organization (NGO) in the world. Prior to joining BRAC, Mr Saha worked with Rahman Rahman Huq, Chartered Accountants, a member firm of KPMG International which is one of the “Big 4" Accounting Firms in the world, in Audit and Assurance Services for about four and half years.
Mr. N D Saha is currently member of Quality Assurance Board, Technical and Research Committee, Review Committee for Published Accounts and Reports, Information & Communication Committee of the Institute of Chartered Accountants of Bangladesh. He has altogether more than seven and half years of working experience in audit, internal control and risk management services. He is also an Associate member of the Institute of Chartered Accountants of Bangladesh and a member of the Institute of Internal Auditors of Bangladesh. Mr. Saha completed his Bachelors and Masters degrees in Accounting from National University.
The Honorable Alexander Andrew McDonnell Fraser - Director BRAC EPL was established under the guidance of The Honorable Alexander Andrew McDonnell Fraser, the former Chief Executive Officer of Baring Securities until 1996. Since his retirement from his former position, Mr. Fraser has been the Chief Executive of Andrew Fraser Management, his proprietary investment advisory firm, as well as being a Principal of a London-based Asian hedge fund. Mr. Fraser has long been associated with establishing and supervising Asian brokerage and corporate finance operations. Educated in Eton and Oxford, Mr. Fraser has worked for Kleinwort Benson, London (1968 - 1970); Vickers Da Costa, London (1970 - 1976); Sun Hung Kai Securities, London (1977 - 1983); Henderson Crosswaithe, London (1983 - 1984); Barings Securities, London (1984 - 1996); and Nava Securities (1996 -1997). Mr. Fraser is a British citizen.
Mr. Mark Reinecke - Director Mr. Mark Reinecke was the former Managing Director of Indosuez W.I. Carr Securities for Thailand, Indonesia, and the Philippines, and, prior to that, the Senior Vice President of Asset Plus Securities Company Limited, the leading local merchant bank in Thailand. Educated in Law at London School of Economics, with a specialty in Islamic Law from the School of Oriental and African Studies, Mr. Reinecke has over 20 years of experience as an international stockbroker in Asia, having started his career with Baring Securities.
Mr. Khaled Yusuf Farazi – Chief Executive Officer Mr. Farazi is the Chief Executive Officer of BRAC EPL Investments Limited. He is a very well known professional in the field of corporate finance and Capital Markets in Bangladesh as well as international markets, having more than decade of wide ranging experience gained in debt arrangement and financial management. Prior to joining BRAC EPL, he worked for seven years at Standard Chartered Capital Markets with particular focus on Syndication and project finance across various sectors including power, telecom, textile, refineries, food and beverage, and Agro-based industries. Mr. Khaled has a BA Honours from London Guildhall University and MBA from Oxford Brookes University.
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