Mr. Romo Rouf Chowdhury is one of the Sponsor Shareholders as well as Sponsor Directors of Bank Asia Ltd. Before being elected as the Chairman, he was one of the Vice-Chairmen of the bank. He is a graduate in Engineering from Durham University, United Kingdom. He has more than 30 years of experience as an industrialist. He is one of the successful young entrepreneurs of the country.
Currently, Mr. Chowdhury holds the position of Chairman of Rancon Group. Rancon Group has more than 30 subsidiaries, a few of which are Rancon Motorbikes Ltd., Rancon Motors Ltd., Rangs Ltd., Rangs Properties Ltd., Rancon Automobiles Ltd., Rancon Oceana Ltd., Rancon Sea Fishing Ltd. and Rancon Electronics Ltd.
Mr. Mohd. Safwan Choudhury did his Masters from the University of Dhaka. He has an impressive professional experience and has business interest in tea manufacturing, textile and cold storage. His flagship company M/s. M. Ahmed Tea & Lands Co. Limited. is a 4th generation tea producing company which has been doing business since the British India. He is the former Chairman of Bangladesh Tea Association which represents 126 tea plantations belonging to both Bangladeshi and foreign companies. Mr. Choudhury is also involved in social development. He is the President of FIVDB, an NGO providing primary education to the underprivileged children. He is also the past President of Sylhet Chamber of Commerce & Industry. Mr. Choudhury is the Nominated Director of Phulbari Tea Estates Limited in the Board of Bank Asia Limited.
Director & Chairman of the Executive Committee
Mr. Rumee A Hossain is one of the Sponsor Shareholders of Bank Asia Limited. He is a graduate in Mechanical Engineering and an MBA in International Business Management. He has more than 27 years of business experience in several industries such as Electronics, Telecom, Pharmaceuticals, IT, Publishing and construction. He is the Managing Director of Rangs Industries Limited. (Distributor of Toshiba and Samsung) and Romask Limited. Currently, he is the Chairman of Executive Committee of the Board of Bank Asia Limited.
Independent Director & Chairman of the Audit Committee
Mr. Dilwar H Choudhury had been a career banker with 35 (thirty five) years of work experience in eight different countries. This is spread over a multicultural situation in Asia, Africa and Europe. In the last lag of the career, he was the Managing Director (CC) of City Bank Limited. His most significant career exposure transpired while managing and operating three full-fledged banking operations as Chief Executive Officer in Turkey, Pakistan and Bangladesh. He was also a Banking consultant for KPMG Dhaka during 2004-2005. Currently, pursues a freelance career in M&A, organization development and Credit Portfolio Audit of banks.
Ms. Romana Rouf Chowdhury is one of the Directors of Bank Asia Limited. She has an MBA from Florida Institute of Technology and completed her graduation from BRAC University. She has also received executive education from Harvard Business School and Columbia Business School. She has more than 25 years’ experience as an industrialist and founded multiple ventures in different fields, such as food, retail, architecture. Currently, she holds the position of Managing Director in Sea Natural Food Limited, Sea Fishers Limited, Sea Resources Group etc. She is a Director of various sister concerns of Rangs Group as well. She is the Nominated Director of Maya Limited on the Board of Bank Asia Limited.
Ms. Hosneara Sinha is one of the Sponsor Shareholders of Bank Asia Limited. She is involved with different business houses and organizations under Sinha group. She is the Director of Pritha Fashions Limited. Sinha Auto Spinning Mills Limited and Sattar Jute Mills Limited.
Ms. Farhana Haq is one of the Sponsor Shareholders of Bank Asia Limited. She obtained her Masters in International Relations from the University of Dhaka. She holds directorship of various renowned business concerns such as DHS Motors Limited, Platform Solutions Limited, Ali Estates Limited, DHS Automobiles Limited and FAR Limited.
Mr. Enam Chowdhury, a graduate in Electrical and Electronic Engineering from Ohio, USA, has more than 35 years of experience in Information Technology field in banking and finance industry. After working with global financial and technology firms for several years in Australia, Japan and the USA he is now permanently residing in Bangladesh. His experience includes working with Deutsche Bank AG, PricewaterhouseCoopers, Compass Group, DXC Technology and EDS Japan. He is the Managing Director of Deep Sea Fishers Limited and Fishers Shipyard Limited, and an Executive Committee member of Bangladesh Marine Fishers Association. He is also the Chairman of IT startup Tiger Digital Ventures Limited. He is the Nominated Director of Zest Polymers Limited in the Board of Bank Asia Limited.
Mr. Ashraful Haq Chowdhury served country’s largest Mobile Phone Operators like Grameen Telecom, Telekom Malaysia Bangladesh, Warid Telecom Bangladesh and Bharti Airtel for 21 years in the top management position. He was also the Trade Adviser for the Commonwealth Secretariat, London, & Ministry of Trade, Industry & Tourism of the Caribbean Countries in addition to serving in the Export Promotion Bureau and BIDS at the initial stage of his career. His most recent assignment was as Chief Corporate Affairs Officer (CXO) of Airtel Bangladesh-a subsidiary of Bharti Airtel the 3rd Largest Mobile Operator in the World with 303 million customers in 22 countries. Mr. Chowdhury obtained Honours & Masters degrees in Economics from Chittagong University. He then completed higher studies in International Development Economics & Business Administration from the Stockholm University, Sweden. He was also a Research Fellow at the University of Toronto, Canada. He is currently the Managing Director of Star Infrastructure Development Consortium Limited and Additional Managing Director of Star Allied Venture Limited. He is the Member of the Board of Trustee and Country Representative, European Economic Development Council (EEDC).
Independent Director & Chairman of the Risk Management Committee
Mr. M. A. Baqui Khalily joined as a faculty member at the Department of Finance in the University of Dhaka in 1975 after completing his B.Com (Hons) and M.Com in Finance from University of Dhaka. He also obtained his M.Sc. and Ph.D. degrees with major in Finance and Development in 1987 and 1991 respectively from Ohio State University, USA. He became Professor in 1994. After a successful teaching career of 37 years, Professor Khalily retired from University of Dhaka in 2012. Dr. Khalily is a renowned academician of the country, an eminent economist and finance scholar of national and international repute. He has large number of publications especially on rural finance, financial inclusion, and microfinance and SME development in prominent national and international journals. He also authored/co-authored of many books and research monographs. Other than having a prominent teaching career, Professor Khalily also held many important administrative positions like Executive Director of Institute of Microfinance, Acting Vice Chancellor & Pro Vice Chancellor of Presidency University, Chairman of Department of Finance, University of Dhaka, Director of Dhaka Stock Exchange Limited, only to name a few. During his long career, he visited many countries around the globe for professional purposes. Professor Khalily currently teaches at Department of Business Administration, University of Asia Pacific.
Mr. Md. Abul Quasem completed his B.S.S. (Hons) and M.S.S. in Economics in 1973 and 1974 respectively from University of Dhaka. He started his career with Bangladesh Bank, the Central Bank of Bangladesh, as Assistant Director in 1976 and concluded the same as Deputy Governor in 2016. During his about 40 years tenure with Bangladesh Bank, he performed responsibilities in many departments like Currency Management, Payment System, Accounts & Budgeting, Debt Management, Human Resources, SME & Special Programs, Agricultural Credit, Communications & Printing, Common Services, Investment Promotion & Financing Facility, Research, Statistics,
Central Bank Strengthening Project (CBSP), Bangladesh Financial Intelligence Unit (BFIU), etc. Besides being a career central banker, Mr. Quasem held many important administrative positions like Observer in the Board of The City Bank Limited & Pubali Bank Limited, Chairman of the Executive Committee of Bangladesh Institute of Bank Management (BIBM), Director of Dhaka Stock Exchange Limited, Director of SME Foundation and Director of Security Printing Corporation (BD) Limited. While working in Bangladesh Bank, he attended many domestic/foreign training programs and seminars organized by different international organizations including IMF in various countries around the globe.
Mr. Helal Ahmed Chowdhury is a seasoned banker with around four and half decades of banking experience. He started his career at Pubali Bank in 1977 as a Class-I Officer through Superior Service Examination and was promoted in course to MD & CEO (2006-2014) in the same bank which is a rare event and record. Under his dynamic leadership, Pubali bank got transformed into an institutional role model of government turned private commercial bank and won the prestigious award “Best Financial Institution” of the country given by DHL and the Daily Star in 2009. He is an M.A. and a Diplomaed Associate of IBB. He participated in different training, seminar, short and long courses both at home and abroad including Oxford and Cambridge Universities of UK and UC Berkeley and Columbia University of USA. Mr. Chowdhury was an independent Director of Islami Bank Bangladesh Limited and presided over as the Chairman of Audit & Risk Management Committees of the Bank in different times. He was Supernumerary Professor of Bangladesh Institute of Bank Management (BIBM), a Board Member and Vice Chairman of Association of Bankers, Bangladesh (ABB) and a Board Member of BIBM. He is a General Body Member of PKSF, Independent Director of Baraka Power Limited, Baraka Patenga Power Limited and member of ICC Banking Commission. He is engaged with a number of Social Organizations and Trade Bodies at different capacities and working as a resource person in different training/seminars etc.
Mr. Nafees Khundker is one of the Sponsor Shareholders of the bank. He worked for Standard Chartered Bank and Deutsche Bank in Bangladesh, UAE and Singapore for more than 20 years. His last assignment was as Managing Director, Head of Transaction Banking, ASEAN, Commercial Banking. His expertise is in Corporate & Financial Institutions client coverage, Transaction Banking and Strategic Partnerships. Mr. Khundker is currently engaged in setting up a Venture Capital Fund for investments into South and South East Asia. He has investments and board oversight in various businesses in retail, distribution, finance, media, information technology and logistics. He also has a special interest in sustainability initiatives and works with small non-profit organizations.
President & Managing Director
Mr. Adil Chowdhury has been appointed as President & Managing Director of Bank Asia Limited on 7th November 2022. Prior to the position, Mr. Chowdhury was the President & Managing Director, current charge, of the Bank since August 2022.
He joined Bank Asia as Deputy Managing Director in August 2020. Later, he was promoted as Additional Managing Director with more responsibilities for supervising the Global Banking Sector, Special Asset Management Division and Global Subsidiary of the Bank. Global banking includes International Division, Offshore Banking Operation, Foreign Remittances, Central Trade Service Unit and Treasury Back Office.
Mr. Chowdhury has over two decades of successful banking experience with nearly 15 years of international exposure, most recently serving as a Director of The Bank of Nova Scotia (Canada) in Hong Kong and Singapore. He adds his global banking, group treasury, regulatory laws and comprehensive enterprise-wide operations experiences to Bank Asia.
He embarked on his professional journey as Deputy Manager in Credit Agricole Indosuez, Dhaka in 1995. After serving there for more than three years, he joined American Express Bank at the Dhaka office.
In 1999, Mr. Chowdhury joined as Head of Treasury at The Bank of Nova Scotia (Dhaka), where he set up the treasury department and ensured best corporate governance and practices.
In 2001, he was relocated to The Bank of Nova Scotia in Hong Kong where he was responsible for business development and strategic planning that covered financial institutions for 13 countries in Asia.
He was promoted as Director International Funding under Group Treasury at The Bank of Nova Scotia, Singapore, in January 2011, where his mandate covered Asia Pacific Region & Middle East North Africa, managing a portfolio of US$9.0 billion while serving Central Banks and Government Investment Agencies.
In 1990, Mr. Chowdhury was selected as one of the most outstanding International students in American Universities & Colleges based on academic achievements and was awarded “Who’s Who Student Certificate of Merit”.
He has a Bachelor’s Degree in Electrical Engineering in VLSI Design from University of Texas at Austin, USA and an MBA Degree from Richard Ivey School of Business, University of Western Ontario, Canada.
Mr. Chowdhury holds several International Financial Markets Regulatory & Practices (FMRP) certifications from different countries & regions.
|Loan Payable (Per Month)||: 8,561 BDT|
|Total Interest Payable||: 2,729 BDT|
|Total Payment (Principal + Interest)||: 102,729 BDT|