Mr. Md. Monowar Hossain FCA, FCMA, FCS, CISA
Chairman
E-mail: md.monowar@gmail.com

Md. Monowar Hossain is a highly accomplished Chartered Accountant, Certified Information System Auditor, Certified Public Finance Accountant, Certified Forensic Accountant, and Cost and Management Accountant. With over 26 years of professional experience, his career spans roles in prestigious institutions, including Chief Financial Officer of Agrani Bank PLC, Head of Internal Control and Compliance at the same bank, and Consultant for the Office of the Chief Accountant at Bangladesh Securities and Exchange Commission (BSEC). Monowar Hossain has served in various capacities, including General Manager (ICC) at Rupali Bank PLC and Head of Corporate Governance and Financial Reporting Compliance at the Dhaka Stock Exchange PLC. His leadership in financial management and governance is further highlighted by his tenure as a Financial Management Consultant at the Institute of Social Studies (ISS), University of Amsterdam, Netherlands

Mr. Hossain holds multiple professional qualifications, including FCA from ICAB, CISA from the USA, CPFA from the UK, and FCFA from the USA. His educational foundation includes a Bachelor’s and Master’s in Commerce (Accounting) from the National University of Bangladesh. Throughout his career, Monowar has been recognized for his expertise in financial audit, internal controls, risk management, and corporate governance. His diverse experience also extends to tax, VAT, transfer pricing, forensic accounting, and business advisory services. As a partner at Chowdhury Shazzad Monowar Chartered Accountants, he provides specialized services in audit, business consulting, corporate governance, and forensic investigations, ensuring clients receive strategic insights and comprehensive solutions.

In addition to his long-standing career in banking and finance, Hossain’s professional consultancy experience includes serving as a Financial Management Consultant for ISS, Netherlands, and contributing to financial reporting and regulatory frameworks in Bangladesh. His role in stabilizing the capital market through his involvement with the CMSF, as well as his work at various banks and financial institutions, showcases his impact on strengthening financial systems and compliance. Hossain’s skills and achievements demonstrate his commitment to excellence, integrity, and innovative financial solutions that have benefited numerous organizations and contributed to the country’s economic development.

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Barrister Reshad Imam
Member
E-mail:imam.reshad@gmail.com

Barrister Reshad Imam is court-appointed Director of PLFSL. Former Independent Director of Phoenix Finance & Investments Limited, a leading financial institution in Bangladesh, in light of his expertise in the financial sector and corporate ethics. Director of Finance, Academy of Law and Policy (ALAP). Reshad is a Partner at Akhtar Imam & Associates, one of the most respected law firms in Bangladesh, ranked in renowned legal directories like Chambers and Partners and Legal 500. He is an Advocate of the Supreme Court of Bangladesh. Upon completing his LLM from the University of Cambridge, he worked under the renowned politician and counsel, Dr. Abhishek Singhvi in Delhi, India before returning to Bangladesh. He also completed LLB, University of Buckingham, UK and Barrister-at-Law, Hon’ble Society of Lincoln’s Inn, UK. He has permission to practice in the Appellate Division, Supreme Court of Bangladesh. His experience in Bangladesh has been acquired over 13 years. He specialises in Company and Commercial Law, Constitutional and Administrative Law, Banking, Finance and Securities Law and Labour and Employment Law. He regularly challenges decisions of government authorities through High Court proceedings (judicial review), appears on behalf of national and multinational companies in proceedings before the Company Bench, appears as counsel in domestic and international commercial arbitrations and provides corporate advisory services to private and public sector clients across diverse industries. He has built up a reputation as a dynamic litigator who always walks the extra mile for his clients. He has advised clients like British American Tobacco Bangladesh (BATB), Japan Tobacco International (JTI), Radiant Pharmaceuticals Ltd., GBB Power Limited, Millennium Group, Aman Group, Brittania Group, Pubali Bank Ltd., Delta Life Insurance Ltd, Padma Bank Ltd., Premier Bank Ltd., Bangladesh Commerce Bank Ltd, VISA Inc., Facebook Inc., Marico Bangladesh, SSL Wireless, SSL Commerz and a host of other foreign and local companies over the years. Reshad is one of the Founder Trustees and Director of Finance of the Academy of Law and Policy (ALAP), a registered trust set up with the lofty goals of, among others, dissemination of legal knowledge, research on and advocacy for much-needed law and policy reform and public interest litigation on pressing issues of national importance. He is also an independent director of Phoenix Finance & Investments Limited (PFIL), a leading financial institution in Bangladesh.

He advised different entities of Visa around the world (Bombay, Middle East, Australia, Singapore, etc.) on various corporate, commercial and financial matters including the following:

  • Cross-border money transfer into Bangladesh; impact, if any of the anti-money laundering rating of the sending country and sanctions, political or otherwise, against UAE or Saudi Arabia.
  • Electronic signatures and contract formalities in Bangladesh.
  • Anti-corruption& bribery laws of Bangladesh. And Represented in Court and advised SSL Wireless, the first and the largest Merchant Solution Provider (MSP) in the country having 3500+ top e-commerce merchants under coverage through its secure online Payment Gateway platform SSLCOMMERZ, on various legal issues arising from the ongoing e-commerce scandal in Bangladesh.

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Barrister Muhammad Shafiqur Rahman
Member
E-mail: barrister.shafiq@gmail.com

Mr M. Shafiqur Rahman obtained his undergraduate and graduate degrees in law from the University of Dhaka in 1995 and 1997 respectively. Having done his LL.B. (Hons.) from the University of London in 2001 and Bar Vocational Course from University of Northumbria in 2002, he was called to the Bar from Lincoln’s Inn in 2002. Back to Bangladesh, he joined the Chambers of Dr M. Zahir, a renowned corporate and constitutional lawyer (now deceased), and has been practising in the Supreme Court of Bangladesh since. His main areas of practice are: Admiralty, Corporate, Commercial, Securities, Banking, Insurance, Judicial Review (Writ) and International Arbitration. He advises and represents several Protection and Indemnity (P & I) Clubs, including Standard Club Europe, Standard Club Asia, Swedish Club Hong Kong and Japan P & I Club. He is the lawyer on retainer for Dhaka Stock Exchange, advising on capital market and securities law. He is also the lawyer on retainer for several other entities, including Popular Life Insurance Company (advising on insurance law and company affairs) and Epic Group (advising on commercial law and international trade). He acted as the Court-appointed Chairman of several companies for the purpose of holding annual general meetings. He is currently contributing to four companies as a Court-appointed independent director. He is frequently appointed “amicus curiae” by the Company Bench of the High Court Division in critical cases to assist the court in arriving at correct judicial decisions. He regularly contributes legal articles in the law journal “Bangladesh Legal Times”.

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Company Secretary
Member Secretary