Investment & Risk Management Committee Members

CORPORATE EXPERIENCE

Nearly 26 (Twenty-Six) years of global and local experience in Key business and support roles.

EDUCATIONAL BACKGROUND

Bachelor’s Degree of Commerce (B.COM) in Management from Dhaka University

MBA degree jointly awarded by Samuel Curtis Johnson Graduate School of Management at Cornell University, USA and Smith School of Business,Queen’s University, Canada.

MEMBERSHIP OF BOARD COMMITTEE

Member of Investment Committee of the Board of Directors of Unique Hotel & Resorts PLC.

CAREER HIGHLIGHTS

Mr. Saiful Islam is a Nominated Director of Unique Hotel & Resorts PLC representing Purnima Construction (Pvt) Ltd. He was appointed as Nominee Director in April 2021 against the casual vacancy. Mr. Saiful Islam is also the Director of BRAC EPL Stock Brokerage Limited. In mid-2000, Saiful Islam and his partners set up Equity Partners Limited and Equity Partners Securities Limited, the predecessor companies of BRAC EPL Investments and BRAC EPL Stock Brokerage Limited. He managed both companies for nine years until the companies entered into a joint venture partnership with BRAC Bank Limited in mid of 2009. Before setting up Equity Partners, Mr. Saiful Islam worked as Chief Operating Officer and Senior Vice President at Union Capital Limited, a Bangladesh brokerage house, merchant bank, and leasing company. Before 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 also served as the Managing Director of SES Company Limited, a corporate member of Dhaka and Chittagong Stock Exchanges, and a licensed stock broker by the BSEC. Mr. Islam is an active investor in the Bangladesh start-up business arena and holds Board positions in a few of those companies. He is also involved in construction materials and other businesses

OTHER RESPONSIBILITY

Besides the professional activities with BRAC EPL, Mr. Islam is very much involved with capital market development activities. He was the Vice Chairman of the South Asian Federation of Exchanges (SAFE), held the office of Senior Vice President of the Dhaka Stock Exchange (DSE) for two consecutive terms, and served as Director of the Dhaka Stock Exchange for more than six years. He held a Board position on the Canada Bangladesh Chamber of Commerce and Industry (CANCHAM). Mr. Islam is a Member of the American Chamber of Commerce in Bangladesh (AMCHAM), and the Foreign Investors’ Chamber of Commerce and Industry (FICCI). He is the Vice Chair of the Canada Bangladesh Alumni Association.

BUSINESS EXPERIENCE

More than 42 (Forty-two) years of corporate and entrepreneurial experience

EDUCATIONAL BACKGROUND

Bachelor in Social Science (Sociology) from University of Dhaka
Master’s in Social Science (Sociology) from University of Dhaka

MEMBERSHIP OF BOARD COMMITTEE

Chairman, Investment Committee

Mr. Mohd. Noor Ali is a prominent entrepreneur of the country having interest in Real Estate, Hospitality & Tourism sector, Ceramic Industry, Power Plants, Manpower Export, Banking Services, Housing Finance & Investment, Human Resource Development, Land Development, and many other businesses. He is the Managing Director of Unique Hotel & Resorts PLC and the Unique Group, a renowned business conglomerate in Bangladesh and Chairman of the Unique Meghnaghat Power Limited. Mr. Ali is the only Bangladeshi entrepreneur who has pioneered to set up a 5-Star Hotel (The Westin Dhaka & Sheraton Dhaka) in the private sector and Prestigious own brand Hansa Residence at Uttara. ‘The Westin Dhaka and Hansa Residence’ is already very popular amongst the local and foreign communities. During the fourteen years of its business operation, The Westin Dhaka has achieved enviable success under Mr. Ali’s able leadership.

Great freedom fighter Mr. Ali was born in an aristocratic Muslim Family in 1953 at Nababganj under Dhaka District. He is involved in many social and philanthropic activities. Mr. Ali is a widely traveled person across the globe including USA, UK, Switzerland, Canada, China, Japan, South Korea, Hong Kong, Singapore, Malaysia, Maldives, Thailand, Russia, Libya, Saudi Arabia, UAE, Kuwait, and India. He attended many seminars at home and abroad.

REMARKABLE POSITIONS:

Mr. Ali involved in many social and philanthropic activities & associated with various trade Bodies and hold various prestigious positions, some of these are presented below:

• Former Chairman of Eastern Bank Limited.
• Former President of Bangladesh Association of International Recruiting Agencies (BAIRA)
• Member of Federation of Bangladesh Chamber of Commerce & Industry (FBCCI).
• Executive committee member of Dhaka University Alumni Association.
• Life member of Gulshan Club Limited, Dhaka University Alumni Association, and Dhaka University Registered Graduate

CORPORATE EXPERIENCE

More than 40 (forty) years of experience in Corporates and as a Professional Practitioner

EDUCATIONAL & PROFESSIONAL BACKGROUND

He is a Fellow Chartered Accountant (FCA) from

• The Institute of Chartered Accountants in England & Wales (ICAEW)
• Chartered Accountants Australia & New Zealand (CAANZ)
• The Institute of Chartered Accountants of Bangladesh (ICAB)

MEMBERSHIP OF BOARD COMMITTEE

Chairman, Audit Committee

Member, Investment Committee

Mr. Ali Ashfaq FCA is a fellow member of the Institute of Chartered Accountants in England & Wales, Chartered Accountants Australia & New Zealand, and the Institute of Chartered Accountants of Bangladesh. Mr. Ashfaq has more than 40 (forty) years of experience in Corporates and as a Professional Practitioner. He joined KPMG Bangladesh (RRH) in March 2006 as a partner and retired in October 2024. Mr. Ashfaq was responsible for IT advisory services and corporate finance services within the firm. In addition, he was the CIO of the firm. Mr. Ashfaq has extensive experience in statutory audits, special audits, corporate tax, personal tax, indirect tax, company valuation, feasibility studies, strategic planning, financial management, internal controls, key performance indicators, restructuring, information risk management, IT advisory, etc.

He has extensive work experiences in Bangladesh, Australia and UK. He worked as Regional Finance Director, Asia Region (Regional CFO) based in Dhaka at Halcrow Bangladesh Ltd (1998 to 2005) – a subsidiary of British engineering consultancy company Halcrow Group Ltd, which was subsequently acquired by Jacobs, USA. He was responsible for all the financial aspects of Halcrow operations in Bangladesh, India, Sri Lanka, Thailand, Singapore, Malaysia, Indonesia, Philippines and Vietnam. His responsibilities included the entire financial management, financial reporting, budgetary control, treasury, external and internal (Halcrow group) financial reporting, etc.

Other activities:

• He is a Board Member of Biman Bangladesh Airlines and Chairman of Audit & Finance Sub-Committee.
• He is a member of a 6-member National Review Committee formed by the Interim Government to review the agreements signed under Quick Enhancement of Electricity and Energy Supply (Special Provision) Act 2010 (Amended 2021).
• He is a Member, Board of Advisors, Bangladesh Accounting Association.
• He is an Executive Committee Member and Treasurer of Gulshan Society.
• He is an Executive Board Member and Treasurer of BCCP.
• He is a Member and Past President of Rotary Club of Baridhara.

CORPORATE EXPERIENCE

More than 40 years of banking experience at home and abroad.

MR. KAZI MAHMOOD SATTAR

Mr. Kazi Mahmood Sattar is a Nominated Director of Unique Hotel & Resorts PLC representing Unique Eastern (Pvt.) Limited. Mr. Sattar a veteran banker, joined the local banking industry after 20 years of senior management experience, with banks like Standard Chartered and ANZ Grindlays Bank at home and abroad. He is reputed to have shaped the banking industry in Bangladesh adopting the best practices of foreign banks. He was former Chairman of SWIFT Users Group, Bangladesh and former Chairman of the Association of Bankers, Bangladesh. K. Mahmood Sattar also held reign of Eastern Bank PLC as Managing Director & CEO from 2001 to 2007. Joining City Bank in 2007 as Managing Director & CEO, where he transformed the bank from its traditional method of operations to a centralized model, thus making City Bank the second bank in the country to have adopted the new way of banking. Mahmood Sattar led the launch of the country’s first dual currency credit, debit, prepaid cards and also American Express Credit Cards and forged strong tie-ups in the Middle East, Europe, and the US for the efficient inflow of remittances from overseas Bangladeshi workers. In recognition of running the Bank successfully on its ground breaking change management processes, he himself received ‘The QFC – Asian Banker ‘The Leadership Achievement award 2010’ for his exemplary leadership. Under his leadership, City Bank became the first local Bank in Bangladesh to have received the ISO 9001:2008 accreditation from the international certification body, Moody International for its entire back end and technology operations. He has been accredited with achieving the ‘Best Bank in Bangladesh for 2012’ by Finance Asia; “The Strongest Bank in Bangladesh award” in 2010 from The Asian Banker. Mr. Sattar left City Bank, after 32 years in the banking industry in November 2013. Currently he is the Chairman of RSA Advisory Limited a boutique investment bank in Bangladesh and Blue Wealth Assets Limited an asset management company.

CORPORATE EXPERIENCE

More than 25 (Twenty-five) years of corporate experience.

EDUCATIONAL BACKGROUND

Master’s Degree in Accounting – Dhaka University (1990).

MEMBERSHIP OF BOARD COMMITTEE

Member of Audit Committee, Investment Committee and Nomination & Remuneration Committee (NRC) of the Board of Directors of Unique Hotel & Resorts PLC

CORPORATE EXPOSURE

Mr. Hossain has a commendable expertise and more than 26 (Twenty-six) years of experience in the areas of financial management, real estate, hospitability management & business operation. He is the Chief Executive Officer (CEO) of Unique Group. Mr. Gazi Md. Shakhawat Hossian is a noted business executive wears multiple hats who is the nominated Director of Unique Hotel & Resorts PLC, representing Borak Travels (Pvt.) Limited. He has been serving as Director to the Board of Directors of Eastern Bank Limited since 2003. He is also a member of the Audit Committee & Risk Management Committee of Eastern Bank Limited He was born on 01 February 1969 at Senbag, Noakhali.

OTHER RESPONSIBILITIES

Mr. Hossain served as the Chairman and Director in the following renowned companies:

• Chairman, Bay Hill Hotel & Resorts Limited
• Nominee Director, Eastern Bank Limited
• Nominee Director, General Electric Company (BD) Limited
• Nominee Director, Unique Meghnaghat Power Limited