Board of Directors

Mr. Ikteder Ahmed

Chairman and Nominated Director of Merrill & Forbes Inc

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Mr. lkteder Ahmed was elected as the Chairman of the Board of Directors of Bangladesh Industrial Finance Company Limited (BIFC) by the Share Holders of the Company in the 26th AGM held on November 15, 2023. He is a LL.B. (Hons.) and LL.M. from the University of Dhaka with brilliant performance. He obtained Post Graduation on Juvenile Justice Administration in 1997 from the United Nations Asia and Far East Institute for Prevention of Crime and Treatment of Offenders, Tokyo, Japan, on International Labour Standards for Judges, Lawyers and Legal Educators in 2002 from the International Training Centre, Turin, Italy of International Labour Organization in Collaboration with University of Turin, Italy and on Intellectual Property Rights in 2006 from World Intellectual Property Organizations Worldwide Academy, Geneva, Switzerland.

He joined the Bangladesh Civil Service (Judicial) Cadre in the year 1981 and worked as Assistant Judge, Joint District Judge, Additional District and Sessions Judge and District and Sessions Judge in the hierarchy of the parent department while worked as Deputy Director (Law), Ansar and VDP; Deputy Secretary (Law), Election Commission Secretariat; Directory Judicial Administration Training Institute; Secretary, Law Commission; Chairman, Court of Settlement; Registrar General, Supreme Court of Bangladesh and Chairman, Minimum Wages Board on deputation. Went on voluntary retirement on February 8, 2011 in protest against certain injustice.

He visited Australia, Bahrain, Canada, China, Denmark, Finland, France, Germany, Hong Kong, India, Indonesia, Iran, Italy, Japan, Kenya, Macau, Malaysia, Mozambique, Myanmar, Nepal, Netherlands, Norway, Oman, Pakistan, Quarter, Russia, Saudi Arabia, Singapore, South Africa, Sri Lanka, Sweden, Switzerland, Thailand, United Arab Emirates and United Kingdom.


Mr. Mahamudul Hasan

Nominated Director of Five Continents

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Coming Soon…


Mr. Ansar Uddin Ahmed

Independent Director

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Born in a respectable Muslim family in the District of Laxmipur on May Day, 1952. Mr. Ahmed’s late father was a retired government high school headmaster and the mother was a homemaker.

Studied for the Graduation & Postgraduate Degrees at the Dhaka University during 1969-73f.During this period of life joined the liberation war of Bangladesh and shouldered the responsibility of Deputy District Commander of the Laxmipur zone of the BLF (Mujib Bahini).

After completion of studies, joined the Central Bank of Bangladesh as Assistant Director in 1976, was directly recruited by the Public Service Commission served Bangladesh Bank for about 25 years. During this period, held the posts of General Manager (Director) of the Departments of Currency Management & Accounting, Agricultural Credit, and Banking Regulations& Policy Department. Also, during this period in the Central Bank, passed both parts of the Banking Diploma Examinations, secured the post-graduate diploma degree in Personnel Management, and obtained the Post-graduation Degree in Financial Economics from the University of Wales, UK in 1986.

Afterwards, joined the largest private sector bank, Pubali Bank Limited, as the Deputy Managing Director in early 2000 and served for more than 3 years. Subsequently moved to National Housing and Finance Company Limited (NHFL) and BangladeshIndustrial Finance Company Limited (BIFC) as Managing director in the years 2003 and 2008 respectively. Lastly, served as an Independent Director of BD Finance Ltd., a leading leasing company from 2013 to 2018.


Mr. Shafique-Ul-Azam

Independent Director

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Mr. Shafique-ul-Azam is an Independent Director of the Board of Directors of Bangladesh Industrial Finance Company Limited (BIFC). He is also the Chairman of the Risk Management Committee and Member of the Executive Committee. Mr. Shafique-ul-Azam is the managing director of BD Venture Limited, the country’s first venture capital company.  He earned his graduation with honors in Economics and an MBA in Marketing from IBA, University of Dhaka, He started his career in MIDAS as a Junior Project Management Officer in 1986 and retired from MIDAS Finance Limited as Managing Director in 2010. He worked for nine years as Managing Director in MIDAS Finance Limited.

While he was in MIDAS Financing Ltd he represented the company to the Board of BD Venture Limited, Fin Excel Limited. D.  He has vast experience in small, medium, and micro enterprise financing and entrepreneurship development. He conducted many training as a facilitator and lead facilitator on Small Enterprise Development, Micro Enterprise Development, and Micro Credit Management to the midlevel and senior officials of different NGOs, Banks, and International Institutions, like BRAC, PROSHIKA, Department of Women Affairs, Sonali Bank, Janata Bank, ITDG, etc.

Mr. Md. Anwarullah Sadeq

Managing Director (C.C)

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Mr. Anwarullah Sadeq started his service in Bangladesh Industrial Finance Company Limited as a Senior Principal Officer, Chattogram Branch on November 08, 2009. He currently serves as the Deputy Managing Director (DMD) and has been in the current charge of the office of the Managing Director since July 03, 2023. Before joining BIFC, Mr. Sadeq worked at Phoenix Finance & Investment Limited and Premier Leasing and Finance Limited. He has more than 24 years of experience in the NBFIs sectors and gained valuable knowledge and skills.

Mr. Sadeq holds a master’s degree in Accounting and he also completed MBA degree major in Marketing. He finished a chartered accountancy course from a reputed firm Toha Anwar Rouf & Co., Chartered Accounts. Throughout his career, Mr. Sadeq participated in various seminars, workshops, and training courses to enhance his knowledge and skills.