We are available as a team of experts to our investee companies. Our operations are conducted by the investment team under supervision of CEO, Investment Committee and a Board of Directors who are responsible for overseeing and approving the investment proposals.
The investment team interacts with the entrepreneurs, assesses the proposals, financial statements & projections, visits the business centers, collects and analyzes various related market information to assess if the business is scalable or worth investing in. After that assessment, they negotiate with the entrepreneurs and come to an agreement or mutual understanding.
If the negotiation is acceptable to all the concerned parties then the investment team will forward the proposal to the Investment Committee who can approve the proposal upto a certain level. If the investment requirement exceeds a certain level or if investment committee wants then the proposal could be forwarded to the board of directors who are the supreme authority to approve or reject any investment proposal. If the approval is obtained, due diligence process is conducted using in and off house resources. On completion of due diligence, the deal sign off is done subject to approval and compliance.
BD Venture may invest in the form of Equity or Equity linked Instruments like fully or partly convertible or redeemable preference shares and debt securities with convertible features. Alongside investment in the company, BD Venture Limited will play a strategic role in running the company, if required.
After a certain period of time (usually upto 5 years) the investment is to be realized. BD Venture may sell its stake through Public Offering or to the Founders of the Enterprise or Interested Third Party(s).
BD Venture is a long-term investor who takes a strategic role in its portfolio companies/ enterprises as and when required. BD Venture is committed to the success of the businesses it invests in. As a long-term partner, that involvement is on-going from the initial investment to the liquidation of its stake. Your company will benefit from the following value-added services from a partnership with BD Venture.
BD Venture provides necessary support and mentoring for company registration, fulfilling necessary legal & administrative formalities and obtaining necessary approvals for the partner/ investee organizations. Our experts help the entrepreneurs to institutionalize their businesses through adopting required legal form.
Being partner of the venture, we provide the enterprises with continuous strategic, operational and financial advices. We will typically have a representative appointed to the company’s board who often gets intimately involved with the strategic direction of the company. We bring expertise in tackling critical business issues such as hiring senior executives, shaping business strategy, creating new product categories, forming solid partnerships, implementing accounting systems, MIS, marketing etc. We introduce the company we invest in to an extensive network of strategic partners both domestically and internationally, and may also identify potential acquisition targets for the business and facilitate the acquisition.
BD Venture provides mentoring on obtaining subsequent finance in the form of Debt &/ or Equity from Banks/NBFIs/ Multi-Lateral Agencies/Individuals or Institutional Investors making sure that the business/ enterprise is given favorable financing terms and conditions thereby ensuring the growth and profitability.
We are accomplished in the process of preparing a company for next rounds of financing as well as Public Offering.
A strong and committed management team with a demonstrated track record and integrity.
High growth potential of the market, which the investee company seeks to serve. The market will need to be quantifiably large with growth opportunities especially in emerging areas addressed by global markets.
The investee company should possess the ability to develop and retain a long term competitive advantage through the use of technology.
There should be a logical and visible exit mechanism available for investor that provides attractive capital appreciation with above-average profitability.
Minimum 6 months
Private Limited Companies (If the enterprise is not a Private Limited Company then it has to be registered as a Private Limited Company before the investment is done.)
BD Venture Limited invests in the following modes :
Mr. Mohammed Nasir Uddin Chowdhury, the Managing Director of Lanka Bangla Finance Ltd. accomplished his graduation and post – graduation from the University of Chittagong. Mr. Chowdhury joined Lanka Bangla Finance Limited (LBFL) as Managing Director on December 2011. Prior that, Mr. Chowdhury was the Chief Executive Officer of Lanka Bangla Securities Limited from July 2002 to April 2011 and Director of MIDAS Financing Limited representing LBFL till October, 2011. Mr. Chowdhury also served as Senior Vice President and Director of Dhaka Stock Exchange Limited from May 2010 to March 2011 and May 2008 – May 2009 respectively. He is a member of the Board of Directors of Lanka Bangla Securities Limited (LBSL) and Lanka Bangla Investments Limited. He played an instrumental role in the development of LBSL & Merchant Banking Operation of Lanka Bangla Finance which was later converted into a subsidiary of LBFL. He also holds directorship in Eastern Cables Bangladesh Limited and playing role as Vice Chairman of Financial Excellence Limited. Mr. Chowdhury has various articles on capital markets published in prime national dailies of Bangladesh.
Mr. M. Ehsanul Haque has thirty five years of success in managing and leading top-performing Multinational and Bangladeshi banks. He was CEO and Managing Director for eleven years in various banks and financial organizations’ like BRAC Bank, BRAC Afghanistan Bank, Infrastructure Development Company Ltd. (IDCOL), and Prime Bank. He implemented Global Best Practices in banking in Afghanistan, Bangladesh, India and Vietnam. His expertise are in the areas of corporate / commercial banking, financial and corporate restructuring, SME, Retail Banking, Micro, Small, Medium Enterprise business and new organization set-up like BRAC Afghanistan Bank which is owned by International Finance Corporation, Triodos Bank, Shore Bank and BRAC.
He worked as an advisor with International Development Agencies working in the areas of Sustainable Energy for Development, Vocational Training and Skills Development and Access to Finance. He also advised Local Corporate Houses in reorganizing and restructuring their businesses.
He is Advisor, Financial Excellence Ltd. – an organization providing advisory services, resource development to the financial sector and capital markets, Member, Small and Medium Enterprise (SME) Foundation and its Credit Wholesaling committee and Vice Chairman, Finance Committee, International Business Forum of Bangladesh.
Mr. Haque holds a Master degree in Economics from Jahangirnagar University.
Mr. Anis A. Khan (AAK), a Fellow of the Institute of Bankers, Bangladesh (IBB), is Managing Director & CEO of Mutual Trust Bank Limited (MTB), one of Bangladesh’s leading private sector banks, since April 2009. Prior to joining MTB, Mr. Khan headed IDLC Finance Limited (IDLC), the country’s largest financial institution (non-banking) for six years, as its CEO & Managing Director.
A career banker, Mr. Khan earlier served for 21 years, in a multitude of roles, with the then Grindlays Bank p.l.c. and with its successor banks - ANZ Grindlays and Standard Chartered (SCB), both in Bangladesh and abroad. He has also attended an Executive Program in Corporate Governance and Strategic Management at the Haas Business School of the University of California, Berkeley.
Mr. Khan serves the Metropolitan Chamber of Commerce & Industry, Dhaka (MCCI), as its Vice President. He is the Chairman of Primary Dealers Bangladesh Limited (PDBL), Chairman of the S.W.I.F.T. Member & User Group of Bangladesh, Vice Chairman of the Association of Bankers Bangladesh Limited (ABB) and Director of Industrial and Infrastructure Development Finance Company (IIDFC). He is also Vice Chairman of both MTB Securities Limited and MTB Capital Limited.
Mr. Shawkat Hossain is a Fellow of Cost & Management Accountant of Institute of Cost & Management Accountants of Bangladesh. He has completed Masters in Development Management from Asian Institute of Management, Manila, Philippines in 1994 as a recipient of ADB Scholarship. He has 31 years of experience in his credit out of that 3 years in Venture Capital, 10 years in banking and 18 years in financial management/ Accounting profession. He worked for different sectors such as manufacturing, NGO, banks including different reputed organizations such as BRAC, BRAC Bank, Prime Bank, icddr,b etc.
He was heading SME division of Prime Bank Limited and leading a team of 250 staffs located at 55 branches and 17 SME branches. He was Head of SME of BRAC Bank Limited and leading a team of 700 staffs located at 250 Marketing unit offices spread in 62 districts. He developed strategy to sell loan to Small & Medium Enterprises. He was Head of Finance and Finance Manager of BRAC for 6 years. He worked for International Center for Diarrheal Disease Research for 4 years as Senior Cost officer.
He is experienced to work in multi cultural environment such as in Afghanistan for 1 and half years and was instrumental in setting up a foreign bank in Afghanistan.
With 36 years of field experience in the private sector, Mr. Aftab Ul Islam graduated first in Commerce (B.Com) and then in Law (LL.B). Later he went on to be a Chartered Accountant and a fellow of the Institute of the Chartered Accountants of Bangladesh (ICAB).
Mr. Islam began his career with a U.S.A. based multinational IT Company, NCR Corporation, and headed this organization for several years. In 1992, he launched his own business, IOE (Bangladesh) Ltd.He was elected President of one of the country’s leading Chambers, the Dhaka Chamber of Commerce and Industry (DCCI), on the backdrop of his positive contribution in the ICT sector.
In 2001, Mr. Islam was elected President of the American Chamber of Commerce in Bangladesh (AmCham), which works to promote trade and economic cooperation between the United States of America and Bangladesh. He has been instrumental in attracting substantial amount of foreign direct investment (FDI) into Bangladesh. He was elected as a Director of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) for the period 2005-2010. The Honorable Prime Minister of the Government of the People’s Republic of Bangladesh appointed Mr. Aftab Ul Islam as the Chairman of the SME (Small and Foundation Enterprise) Foundation for two years from September 8, 2009 to September, 2011. He was again elected President of AmCham in October 2011 for a two-year term. Mr. Islam is a Member, Board of Governors of the Institute of Business Administration, (IBA), University of Dhaka.
Ms. Farzana Chowdhury, is a qualified professional having working experience directly and indirectly with the insurance sector of the country since 1998. She also worked in the field of micro finance with BRAC and Small and Medium Enterprise (SME) financing with BRAC Bank Ltd. where she has been deeply involved to design, develop and implement insurance coverage for the related beneficiaries. She has done her Master of Business Administration from Monash Business School, Monash University, Melbourne, Australia, also done Diploma in Insurance from The Chartered Insurance Institute (CII-UK) and from Malaysia Insurance Institute (DMII). She is now the Managing Director & CEO of Green Delta Insurance Co. Ltd.
A veteran Banker Mr AFM Shariful Islam is the Managing Director of National Bank Limited having 25 (approx) years practical Banking experience under his belt.
His varied and well diversified long exposures on different aspects of Core Banking Operations have endowed him with very sound professional depth and matured worldview about overall financial dynamics. He has been instrumental in creating environment for learning, sharing, expanding coverage of financial services, adopting unified regional strategy for profitable deployment of products offerings, enhancing market share and taking initiatives in the key areas that are crucial catalysts to dominate the future of the financial service industry.
Mr Islam started his banking career in AB Bank Limited in October, 1986 as Probationary Officer and completed M.A. in Economics from Rajshahi University.
He spent above 22 years with AB Bank Ltd, Dhaka Bank Ltd, Prime Bank Ltd, SIBL & Southeast Bank Ltd and held many important positions in different branches and at Head Office.
Mr Islam was the regular Guest Speaker at Bangladesh Institute of Bank Management, Mirpur, Dhaka for about 4 years.
He is married fathering three daughters.
After completing his BSS (Hons) degree in Economies, Mr. Shafique ul Azam obtained his MBA degree from Institute of Business Administration (IBA), University of Dhaka in the year 1986. He started his career in MIDAS as probationary officer in the year 1986. Since then he has been serving and holding different managerial positions in the Company. He was the incharge of operation division for different tenure. He played a key role in developing and introducing new investment and deposit schemes.
Being satisfied on his performance, the Board of Directors of the Company appointed him as the Managing Director of the Company in the month of May 2010. As a Managing Director, he has been trying his best to increase the growth of the Company in every sector. The Company has now arrived at a new dimension by introducing new products and services.
In the Journey of his career he attended various training courses and participated in seminars and workshops on different aspects of Banking, especially in project appraisal, entrepreneurship development and risk management locally and abroad.
Mr. Bidhu Bhusan Chakraborty joined in the service of the Asia Pacific General Insurance Company Ltd. on 1st January, 2014 as an Additional Managing Director and taken the current charge of Managing Director of the Company from 1st February, 2014. He was born in the district of Comilla in 1956. He obtained Master of Commerce in Management from the Rajshahi University in the year of 1980 & joined in the service of Sadharan Bima Corporation (SBC) as a Deputy Manager in the year of 1983 & retired from there as General Manager in the year of 2013. He did the professional course of ABIA degree from Bangladesh Insurance Academy (BIA) with success.
Mr. Bidhu Bhusan Chakraborty is a versatile knowledgeable Insurance personality. He gathered 31 years wide experience in General Insurance as a regular employee of Sadharan Bima Corporation (SBC). He retired from SBC as a General Manager.
Mr. Bidhu Bhusan Chakraborty is a regular visiting lecturer & examiner of the Bangladesh Insurance Academy (BIA) and a coordinator of Training Program of Sadharan Bima Corporation (SBC). He was the Acting Managing Director of Sadharan Bima Corporation (SBC) several times.
Mr. Rahman is the Managing Director of EBL Securities Limited, Member: Dhaka Stock Exchange Limited & Chittagong Stock Exchange Limited. He is treated capital market expect of the country having 26 years job experience in different financial institutions like Bank, Leasing, Merchant Bank, Brokerage etc. He has completed Masters in Management from Dhaka University, MBA form Dhaka Campus of Honolulu University, USA and LLM from World University of Bangladesh.
Mr. Ahmed Saifuddin Chowdhury (Minto) is Managing Director & CEO of Bangladesh General Insurance Company (BGIC) Ltd. He started his career with BGIC since 1986 just immediately after completing his post graduate studies. He joined BGIC as a junior officer at Head Office, Dhaka. In 1987, he was transferred to BGIC’s Zonal office, Chittagong as accounts in-charge. By dint of his merit, talent and efficiency he has gathered vast knowledge and experience on Underwriting, Accounts & Finance, Administration, Branch Control, Re-insurance, Claim and Marketing. He has excellent social affiliation. He has taken over the charge of Managing Director & CEO from 1st August, 2013 and before that he was working as Additional Managing Director (Operations) & Company Secretary of this company at Head office, Dhaka. He was also worked as Deputy Managing Director of BGIC in Chittagong Zone till 31st March, 2009. He is an M.Com. in Management with Honours from Chittagong University and MBA from Southern University, Bangladesh. He is also acting as the Company Secretary.
Mohammad Adnan Imam, a UK Citizen born in 1976, residing in both London & Dhaka. He is a Fellow Chartered Certified Accountant (FCCA) from London. Having a successful career in Finance and Investment Banking with world renowned Merrill Lynch Europe Plc. He is the Managing Director of IPE Group – which is involved in Real Estate and Private Equity in London and Dhaka, Technology and Outsourcing, Textiles and Finance.
He is married to Nadia Imam, Director of Arrow Group of Industries, Sponsor NCC Bank Limited and National Life Insurance Company Limited and is blessed with 2 sons.
Mr. Mamun Rashid was the Director of BRAC Business School. He is also the Director of the Center for Entrepreneurship Development at BRAC University since April 2011. Prior to his joining BRAC University, Mr. Rashid was the Chief Executive Officer of Citibank, N.A, Bangladesh for more than eight years. Before that, he was the Head of Corporate and Institutions for the Standard Chartered Group in Bangladesh. He also advised Dhaka Bank Ltd on various risk management, retail banking and transaction banking issues. With a banking career spanning over 26 years he has served in many senior positions in Global Markets, Institutional Banking, Transaction Services, Debt Restructuring & Recoveries and Corporate Banking, both at home and abroad. He worked as an adjunct faculty with the Institute of Business Administration (IBA), Dhaka University and North South University, for several years, and has authored 6 books on contemporary issues in Economics and Business. He also worked with few leading vernacular and English dailies as university correspondent and editorial assistant during the period 1982 to 1985.
Mr. Mamun Rashid holds a Masters in Business Administration degree in Strategic Management from Henley Management College in the UK and Masters in Economics from the University of Dhaka, Bangladesh. Mr. Rashid has attended a variety of training courses across the globe which include the Indian School of Business, London Business School, Harvard Business School, Kellogg School of Management, Cranfield School of Management and New York Institute of Finance. He is the chairman of the Standing Committee on Banking Technique and Practices of the International Chamber of Commerce, Bangladesh (ICC,B). He sits on the academic council of BRAC University and is also a member of the “Bangladesh Board of Advisors” of the Asian University of Women and President of Bangladesh MBA Association. Mr. Rashid sits on the board of Marie Stopes Clinic Society, Shakti Foundation for Disadvantaged Women and IIDFC Capital Ltd. He is the Chairman of Financial Excellence Limited, a financial advisory and advocacy organization, Senior Advisor of Swisspro Invest Bangladesh Ltd. and Managing Partner of Ispahani Alliance Pharmaceuticals.Recently he has been appointed as Partner in-Charge of PricewaterhouseCoopers(PwC), Bangladesh.
Nearly two decades of experience in ICT. As a professional, Mr. Chowdhury headed the regional Technology Product Management Team based in Dubai for Standard Chartered Bank (SCB) covering 10 countries in Middle East and South Asia during the period of 1999 to 2001. Prior to the regional assignment he was Head of IT of SCB Bangladesh operation for five years. During his tenure SCB Bangladesh had undergone a tremendous technology upgrade which enabled them to become the no. 1 foreign bank in Bangladesh. His experience includes managing various large technology projects for SCB including the SCB–Grindlays Integration, various Technology Platform Migration for acquired Banks in Lebanon, introduction of automated service delivery channels across the region, etc. Prior to joining SCB, he also worked as Manager IT for CIBA-GEIGY (currently Novartis) and National Life Insurance, currently the largest private sector Insurance Company in Bangladesh. Mr. Noor has commendable knowledge in BFIs (including core banking) & ERP application and underlying technology platform.
Mr. Moshiur Rahman, aged about 54 years, after graduation had his credit training experience from Heidelberg, Germany on modern and economical working methods on advance printing technology. He successfully ran for many years Udayan Press Ltd. a family business enterprise. In 1989 he launched his own printing & packaging industry named Paragon Press Ltd. with high quality printing & packaging facility.
Moshiur Rahman also achieved tremendous growth in his vertically integrated Poultry Breeding & Feed manufacturing industry business. He started agro farming in 1993, now its annual turnover stands more than US$100 million. The farm has facilities to produce weekly 1.5 million day old chicks, 35,000 Breeder Chicks per week & 30,000 tons of feed per month. Moshiur Rahman sets up plants to produce green power from waste including recycled chicken excreta producing over 1MW electricity. A modern solar module factory collaboration with Dutch company exporting to Europe. Solar mini grid & mega grid projects are under implementation schedule. A very new venture targeting consumer market for frozen food, dairy products, tea, snacks etc. is launched.
He is the Managing Director of Paragon Press Ltd., Paragon Poultry Ltd., Parasol Energy Ltd., Usha Poultry Ltd., Paragon Feed Ltd., Chittagong Chicks Ltd., Rangpur Poultry Ltd., Paragon Agro Ltd.(Grand Parent Farm, Hazinagar Tea Estate, Rahmania Tea Estate, Paragon Fish Hatchery, Dairies, Consumer Products marketing etc.), Paragon Plast Fiber Ltd. He is also the Director of Malek Spinning Ltd., JM Textiles Ltd., Fathehbagh Tea Co. Ltd., Salek Textile Ltd., BD Venture Ltd. and Asia Pacific Insurance Co. Ltd.
Mr. Sajid Rahman is an experienced international banker with exposures in emerging markets of South-Asia, Africa, Middle-East and South-East Asia. He has board-level experience in banks, managing a wide range of businesses and taking them through M&A and integrations. He was the country retail banking business head of Standard Chartered Bank in Bangladesh, West Africa and Indonesia. He managed businesses of balance sheet of more than billion dollars and built very high performing businesses while managing a multi-cultural team. Mr. Rahman started his own business last year focusing on improving trade corridor between Indonesia and Bangladesh as well working on infrastructure and technology projects to have a long-term impact on the growth of Bangladesh.
He is leading the effort to build the first 60 MW Wind Power Project in Bangladesh. This is a key initiative to build a long- term sustainable solution to energy demand of a growing economy like Bangladesh. The SPV, US-DK Green Energy Ltd (UDGEL), has signed a PPA with BPDB to provide electricity to the national grid.
Mr. Rahman is also actively involved in building startups as well as high performing SMEs. He has brought in the first silicon valley based accelerator, Founder Institute, to the country and is a director of Founder Institute. He has a very strong global network within the technology space, ranging from US to Europe to Asia, and is considered a thought-leader in this area with regular columns on topics related to investments and global trends. He is also instrumental in bringing the required financing to a number of technology companies in Bangladesh and helping build the next "Facebook" on our soil.
He is a mentor to Endeavor Indonesia, a US-based organization accelerating the growth of mid-size companies to billion dollar level. He is an advisor to Sabre, a financial services Private Equity working in emerging markets in Africa and Asia. The company has already taken strategic stakes in banks in Tanzania, Vietnam and Sri Lanka. Mr. Rahman is also very active in building the trade corridor between Indonesia and Bangladesh. He is involved in large scale commodity trades between Indonesia and Bangladesh. Mr. Rahman has a Master in Commerce with First position in First class from University of Dhaka and studied at London Business School and at University of Oxford.
Mr. M Manjur Mahmud with his Computer Sc major brings in more than 25 years of practical experience in the Information Technology (IT) field. In years Mr. Mahmud has been successful rolling out more than 100+ projects in various fields. His main area of specialization is in Operational Excellence by managing Enterprise level project in PMI framework and also drives the Quality Assurance (QA) initiatives for the company.
Mr .Mahmud is one of the early Oracle Certified Professional in the country, a Project Management Professional (PMP-USA) and Information System Audit Professional (CISA-USA). He is an alumnus of Indian Institute of Management (IIM), Calcutta and University of Hong Kong (HKU) .He is also a trained Technopark Professional from South Korea. Mahmud is also one the private equity investors to facilitate equity financing in the Information Technology domain.
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Mr. Abdul Hafiz Choudhury, has over 40 years of experience in the corporate world. He is one of the founders and the past Chairman of Independent University, Bangladesh and a senior partner (retired from active service) of KPMG Rahman Rahman Huq, Chartered Accountants. He is a Director in the board of ICB Islamic Bank Ltd, Green Delta Insurance Co. Ltd. and New Zealand Dairy Products Bangladesh Ltd. He is also the Vice President of United Nations Association of Bangladesh.
Mutual Trust Bank Limited (MTB) is a privately owned commercial bank, based in Dhaka, Bangladesh. It is involved in full-service commercial banking services, making its presence felt throughout the nation, via a large branch network with diversified products and services enabled with a state-of-the-art technological platform. MTB, a third generation private commercial bank was incorporated on October 24, 1999 and is sponsored by leading and highly reputed entrepreneurs of the country. It is based in Dhaka, Bangladesh and was adjudged the first-ever best “SME Bank of the Year” and best “Women Entrepreneurs’ Friendly Bank of the Year” by Bangladesh Bank and SME Foundation in 2014. MTB aspires to be one of the most admired banks in the nation and recognized as an innovative and client focused company. With its current network of 103 branches, 10 kiosks, nearly 200 modern ATMs, over 1,900 Point of Sales (POS) machines, located in prime commercial, urban and rural areas, MTB offers fully integrated real time Online Banking Services, Internet and SMS Banking to its clientele, through a dedicated Team of experienced Relationship Managers and Alternative Delivery Channels (ADC). MTB has three subsidiaries: a) MTB Securities Limited (MTBSL) Securities brokerage company with the largest network in the country with 16 branches and offices, b) MTB Capital Limited (MTBCL) – merchant bank with a branch in Dhaka, c) MTB Exchange (UK) Limited (MTB UK) - remittance house and Bureau De Change in London. (http://www.mutualtrustbank.com/)
National Bank Limited (NBL) is one of the leading first generation private commercial banks having a vast network of 181 Branches, SME/Agri branches, exchange houses and foreign correspondents in and outside the country. National Bank Limited has been licensed by the Government of Bangladesh as a scheduled commercial Bank in the private sector, in pursuance of the policy of liberalization of banking and financial services in Bangladesh. In view of the above, the bank has within a period of 33 years of its operation, achieved remarkable success and met the capital adequacy requirement of Bangladesh Bank.NBL is a customer oriented financial institution. It remains dedicated to meet ever growing expectations of the customers because at National Bank, customer is always at the center. (http://www.nblbd.com/)
Green Delta Insurance Company Ltd. (GDIC) started its journey on 1st January, 1986, as a public limited company with a paid up capital of BDT 30.00 million. After 3 decades, GDIC has established itself as a leading non-life Insurance Company with a dedicated and experienced management team, 600+ committed staffs, numerous valued clients and thousands of esteemed shareholders. The paid-up capital is currently BDT 807 million. With the credit rating of AAA and ST1, GDIC has achieved an excellent market reputation in the general insurance business by introducing a number of innovative products and formed a network of 39 branches in seven different zones across the country. Green Delta Insurance introduced the concept ‘Insurance for Everyone’ by setting up the Retail & SME Insurance department. This is the first insurance company in Bangladesh to have equity partnership with international Finance Corporation of World Bank group. Green Delta Securities Ltd., Green Delta Capital Ltd., Professional Advancement Bangladesh Limited and GD Assist Limited are four of the direct subsidiaries of Green Delta Insurance. (http://green-delta.com/)
Bangladesh General Insurance Company Ltd. or “BGIC Ltd.” is the first general insurance company in Bangladesh. BGIC was incorporated as a Public Limited Company and started business on July 29, 1985. The company has an Authorized Capital of BDT 1,000 million and shareholder’s equity of BDT 1060 million as on 31st December 2014, and is listed on both the Dhaka Stock Exchange and Chittagong Stock Exchange. BGIC has more than a decade of continuous growth and success as a leading insurer in Bangladesh, with adequate reserves against unforeseen losses and solid reinsurance security and agreements with reinsurers. BGIC is the first insurance company to go public and declare the highest rate of dividend with a continuous upward trend. The business portfolio risks are evenly balanced in marine hull, marine cargo, fire, motor, engineering and miscellaneous category, such as personal accident, burglary, overseas medical insurance and others. BGIC is also a pioneer among the insurance industry in the private sector to underwrite public issues of shares and work as a Trustee for Mutual Funds, Subordinated and Zero Coupon Bonds. It has been actively engaged in the Capital market for many years. (http://www.bgicinsure.com/)
LankaBangla Finance Limited (LBFL) is a joint venture financial institution established with multinational collaboration, and is in operation since 1997 being duly licensed by Bangladesh Bank under the Financial Institutions Act, 1993. With the technical support from Sampath Bank Limited, Sri Lanka, LBFL has emerged as one of the most innovative financial institution in the country having the largest umbrella of financial products and services. Now LankaBangla is country’s leading provider of integrated financial services including corporate financial services, retail financial services, SME financial services, stock broking, corporate advisory and wealth management services. LankaBangla is the market leader in the capital market services and providing full-fledged investment management services with its three subsidiaries namely, LankaBangla Securities Limited (LBSL), LankaBangla Investments Limited (LBIL) and LankaBangla Asset Management Company Limited (LBAMCL). The other subsidiary LankaBangla Information System (LBIS) is a leading information technology service provider in the country.
The institutional shareholding structure, seasoned professional and motivated human resources, friendly working environment and dynamic corporate culture have enabled LBFL to be one of the respected financial services providers of the country (http://lankabangla.com/)
data edge limited was established in 2002 as an ICT system integrator having years of technology and operation domain expertise in BFIs, Manufacturing, FMCG, and Telecommunication verticals among the sponsors. Within it’s short span of operation, dataedge has become the name for complex mission critical solution provider for both public and private sector enterprises. dataedge provides technology-based business solutions offering predictable ROI and efficiencies across a broad range of business functions. dataedge’s major projects include Core Banking, Payment Card including EMV solutions. BACH, MICR bank cheque truncation. EFT system was developed and deployed by dataedge for Bangladesh Bank as turn-key project. dataedge has also been credited for MRP and MRV project of Government of Bangladesh for in-country and all Bangladeshi Missions around the world. dataedge is also operating as the Certifying Authority (CA) for digital signature under the brand dataedge ID. The platform of dataedge ID is equipped to provide highest reliability, safety and security for digital identity for emerging online exchange of information between B2B and B2C transactions. data edge is working towards Enabling Information Technology to Transform the Nation and Enhance Lives. (http://www.data-edge.com/)
ASIA PACIFIC GENERAL INSURANCE COMPANY LIMITED was incorporated as a Public Limited Company on November 17, I999 and started its operation in the middle of 2000. It is one of the leading General Insurance Companies of the country. The Company has been set up by a group of well-reputed and leading Industrialists of the country. The sponsors of the company include reputed Chartered Accountants, electronics equipment producer, network services and products producers, vehicle importers, garment exporters and importers etc. The paid-up capital of the company is BDT 423.50 Million and Reserves & Surplus are BDT 224.49 Million. The total assets as of December 31, 2013 stood at over BDT 1084.6 Million. The company has already occupied an appreciable position in the insurance industry and economy of the country. (http://www.apgicl.com/)
MIDAS Financing Limited (MFL) is a Public Company Limited by share, incorporated on May 16, 1995 under the Companies Act 1994 and authorized to commence its business operation in Bangladesh as per certificate of commencement of business. The Company obtained license from Bangladesh Bank on October 11, 1999 to operate as a Non-Bank Financial Institution under the Financial Institution Act 1993. The Company is a listed Company with Dhaka Stock Exchange Ltd. since October 26, 2002, with Chittagong Stock Exchanges Ltd. since July 27, 2004 and its shares have been quoted and transacted in stock exchange in dematerialized form through Central Depository Bangladesh Limited (CDBL) from March 23, 2005. On June 24, 2012 the registered office of the Company has been shifted from Nahar Green Summit (2nd Floor) House No. 43, Road No. 16 (New)/ Old 27, Dhanmondi, Dhaka-1209. MIDAS Investment Limited, a subsidiary Company of MIDAS Financing Limited holding 99.99% shares was incorporated on 9th April, 2012 under the Companies Act XVIII of 1994 bearing registration number C-100772/12 with a view to operating Merchant Banking Business. The Merchant Banker Registration Certificate is yet to be received from Bangladesh Securities and Exchange Commission. (http://www.mfl.com.bd/)
IPE Capital is a boutique private equity firm based in Central London. It has established its fore-fronting mid-market firm with smart investments across sectors of business of various stages .Its management team has been carefully selected to deliver excellence in its line of business. Over the years, its ethos has led to the organic growth of IPE capital, and has attracted industry experts to join them and together generated exceptional returns. (http://ipe-capital.com/)
EBL Securities Limited (EBLSL) is fully owned subsidiary of Eastern Bank Limited. It provides brokerage services through Dhaka Stock Exchange Limited (Corporate Member 26) and Chittagong Stock Exchange Limited (Corporate Member 21). EBLSL’S service is entirely automated for merchant banks, asset management companies and mutual funds. EBL Securities Ltd is committed to being a preferred brokerage house providing comprehensive services to help achieve client’s financial goals through the guidance of highly qualified and experienced authorized persons. It handles prestigious and renowned corporate clients, individual investors and financial institutions by providing them with a wide range of services. (http://www.eblsecurities.com/)
Managing Director of Norban Fashion Limited
Chairman of Max Group.
No description available.
By virtue of his exposure as Leader in global business community, he is also known as serial entrepreneur, investor, tech enthusiast, chemist and a philanthropist. In early days, he has worked in different countries including Bangladesh and UK and held Senior Management position for the last 40 years. Starting his career in water development sector, he became the Head of Chemical Operation of water testing laboratory of Camp, Dressor and Mckee (American Engineering Consultant to Bangladesh Government for Public Health and WASA). He also held the position of Senior Scientist with Research & development Centre, John Laing Construction andbConsultant Company in U.K. and has wealth of experience in solving problem in cracking, disintegration, dampness and sand and cement ratios. He has performed as senior scientist and Head of Production and Quality Control of Novartis (UK & Bangladesh) Ltd for 19 years and was involved in setting up of Formulation Plant at Chittagong with some Swiss expertise. He also led Archway Associates as Managing Director. After retirement in 1999, he returned to London in 2000 and joined Martindale Pharmaceuticals and worked there till 2005. Later, he has established the construction and real estate company “AWR Developments (BD) Ltd” and taking up the position as Chairman. He is also successful entrepreneur and Chairman of IPE Group and invested in different sectors including Real Estate, Finance and Investment, ITES, Energy, LPG etc.
Doctorola.com is a dream that turned into a tech based startup, a business with a great purpose to create positive impacts in people's lives. It is the first online doctor appointment service platform in Bangladesh, providing real time doctor information and appointments through a fully integrated system. Doctorola is missioned to bring convenience in the healthcare service delivery for the general people in Bangladesh.
The business was founded with a strong will to solve a real problem that impacts many in the country. The thought was kindled by the observation that people living in places beyond the major cities face tremendous troubles in finding a right doctor at the right time and subsequently suffer in securing treatment when they need it. Bangladesh is making significant progresses in many areas. Information technology, without any doubt has been instrumental in the transformation of people's way of doing things. We have seen bus, train or launch tickets being bought online. Online freelancing bringing new skills, confidence and earnings to thousands of youths.Noticeable boost in the e-commerce. Use of mobile money making lives better. Ironically, despite being one of the most essential services, healthcare has not been focused with similar initiatives yet. There are still roadblocks disrupting smooth healthcare delivery even today. And, information technology has rarely been called up to effectively contribute in the sector.
The idea of Doctorola evolved into a service platform in early 2014. It was not what it is today in the initial days. It started as a doctor’s directory along with a feature for appointment requests. After realizing that only accomplishing appointment bookings will not help much, the whole vision was revisited. We needed to offer more. We needed to build and maintain relationships with the patients and doctors to ensure smoother connection for the service. We needed to add new features and extend the whole platform to accommodate many things that people will never see working as the back office. Doctorola understands the individuality of each patient and their problem. The platform is capable of maintaining records of queries, appointments, visits and visit outcomes. With the aid of a huge knowledge base built and maintained within the platform, Doctorola can follow up and take extended care of their users for their unique problems. Further, for ensuring real time availability of the doctors at their chambers, a dedicated team constantly engages with the hospitals, clinics and chambers’ management.
Moreover, Doctorola aims to drive two very important behavioral changes that can make approaching treatment faster and better. In general, a common person in our country is quite unwilling to see a proper physician for his or her illness, until it gets too bad. People try out different suggestions of people around them or conduct a self treatment based on other's experiences. This is mainly due to serious lack of awareness about the signs, symptoms, consequences of diseases and lack of proper guidance. Secondly, when people want to approach treatment, they commonly get into the trouble of finding a right doctor. In most cases, they head to Dhaka or other big cities and ask their relatives or friends for help. Unfortunately, those relatives or friends typically know only a few doctor names. Those are generally the most busy doctors who are well known at the national level. Certainly, taking an appointment of those doctors are quite a hassle. One may need to wait even two-three months to consult the doctor. This is again mainly because, there is not enough awareness about the availability of many qualified doctors across the country who could give attention and treat the patient earlier than the time he/she will wait for. These result in unnecessary delays aggravating the condition of the disease. Doctorola through its social network platform and many other means is continuously engaging to build the awareness among people to help these improve.
Also, if we are to truly improve this with the right impact, we must focus on the people at the rural or in small cities. Providing and extending this service to the rural people of Bangladesh requires a lot of resources and activities. And, it isn’t easy with the limited resources.
Doctorola at one stage thought of approaching venture capital firms for funding the extended activities to reach out to the whole country. Fortunately, BD Venture Limited believed in our dreams and recognised that it has the potential to perform both as a business and social change agent. After a series of rigorous due diligence, assessment, valuation and finally designing the execution framework they provided us the fund at a very crucial stage. The funding enabled us to expand our services immediately and made the path more vivid. We got energised and started focusing on scaling up further with our vision.
BD Venture Limited is a Bangladeshi private equity venture capital organization, which helps enterpreneurs and startups like Doctorola.com to fuel up their innovation and ideas into scalable businesses. This certainly is a pivotal contribution in the arena of moving forward with technology based initiatives.
At Doctorola, we are confident to make a difference in how people of Bangladesh approach healthcare services. We have plans to integrate many other related services with the doctors' appointment in the platform in coming days. The investment from BD Venture has given the initiative more speed. Now, it's all about execution of the dreams to bring goodness out for everyone in the country.