2024-10-03 21:37:16
Mominul Islam has been elected as the new chairman of Dhaka Stock Exchange (DSE) PLC. He was the Managing Director (MD) and Chief Executive Officer (CEO) of IPDC Finance Limited, a non-banking financial institution (NBFI).
He was elected as chairman in the 1076th board meeting of DSE on Thursday (October 3). Deputy General Manager (Public Relations and Publication) of DSE. This information was informed in the press release signed by Shafiqur Rahman.
According to the press release, Mominul Islam has 25 years of working experience in strategic, technical, capital market business, products, processes and regulations in various reputed banks and financial institutions at home and abroad. He also has expertise in working on policy frameworks and cooperation at national and international levels He has Six Sigma Black Belts in Business Transformation, Business Process Management, Lean Management, Operational Risk Management and Service Quality Orientation. He has outstanding achievements in education as well.
Mominul Islam is the founder of Seelink Advisory. The firm operates in strategic financial advisory firms, investments, asset management and strategic transformation.
The circular also mentions that Mominul Islam joined a non-banking financial institution in Bangladesh in January 2012 as the youngest (35-year-old) managing director. He served as Managing Director and CEO of IPDC Finance Limited till January 2024 Prior to that he served as Deputy Managing Director from August 2008 to January 2012 and Head of Operations and Technology from April 2006 to July 2008.
Mominul Islam served as Head of Operational Risk, Project & BCP and Head of Reengineering & Service Quality (Additional Charge) at Standard Chartered Bank from October 2005 to March 2006. Worked at American Express Bank from May 2001 to October 2005, Reengineering and Projects, from January 2000 to May 2001 as an officer in the remittance department of the same institution. Mominul Islam started his career as an officer in American Express Bank in Chittagong in 1999.
Mominul Islam has leadership, customer centricity, strategic competence, communication skills, integrity and good citizenship. He has outstanding expertise in regulatory and legal frameworks, team development, risk management, operational excellence and stakeholder management relevant to the financial sector.
Mominul Islam also has a unique role in leadership in various organizations. He served as Chairman of Association of Development Finance Institutes-Asia Pacific in 2023, Chairman of Bangladesh Leasing and Finance Companies Association from 2020 to 2022, Member of Executive Committee of Bangladesh Association of Publicly Listed Companies (BAPLC) from 2020 to 2023. Currently he is the Vice Chairman of ‘Adamya Foundation’, a charity for employment and skill development for the physically challenged.
It may be noted that BSEC has approved seven persons as independent directors of DSE. They are – Professor of Bangladesh University of Professionals (BUP) and Director General of Savar Army Institute of Business Administration Professor Major General (Retd.) Mohammad Kamruzzaman, Additional Secretary of Financial Institutions Department of the Ministry of Finance Nahid Hossain, Commander of 46 Independent Infantry Brigade of Dhaka Cantonment Brigadier General Md. Mofizul Islam Rashed, Syed Hammadul Karim, former General Manager of MetLife Bangladesh, Managing Director and Chief Executive Officer of Bangladesh Data Center and Disaster Recovery Site Limited, a state-owned joint venture company, and Mohammad Ishaq Mia, Chief Information Security Officer (LIEN) of Bangladesh Bank’s Cyber Security Unit; Mominul Islam, founder of strategic financial advisory firm Sealink Advisory and Shahnaz Sultana, CEO and Chief Consultant of FINS Alliance Risk Advisory and Consultancy.