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Board of Directors
 

IPDC's Board of Directors has eleven members, of which two are nominated by the Government of Bangladesh including the Chairman. The Secretary of the Ministry of Industries is the current Chairman of the Board. Seven are nominated by AKFED, one is Independent Director and the other one is the Managing Director & CEO.

 
Chairman
Mr. Dewan Zakir Hussain
Nominated Director, GOB

Mr. Dewan Zakir Hussain is a seasoned civil servant. Now serving as the Secretary of the Ministry of Industries, Mr. Hussain started his celebrated career in 1977 by joining Bangladesh Civil Service. In his versatile career, Mr. Hussain had served as the UNO of different upazillas and as the District Commissioner of Bagerhat. Later, he worked as a Deputy Secretary in the Ministry of Finance and Ministry of Social Welfare. He was also a Director in the Board of Investment. Mr. Hussain served as a Joint Secretary in the Parliament Secretariat and also as the Chairman of the Land Appeal Board. Before taking the present assignment, he was working as the Secretary of the Ministry of Social Welfare. Mr. Hussain is a Master of Science and studied in the University of Dhaka.
 
Directors
 
Syed Monjurul Islam
Nominated Director, GOB
Mr. Syed Monjurul Islam is a career civil servant. He passed B.Com. (Hons.) from University of Dhaka majoring in Finance and also did his MBA (Finance) from IBA of the same university. Later he pursued a PGD in ‘Development Planning Techniques’ from the ‘Institute of Social Studies’ of The Netherlands.
Mr. Islam has been working for the Government of Bangladesh for the last 27 years as a member of Bangladesh Civil Service (Administration) cadre. He worked in different Ministry/Division and organizations of the Government in progressively higher position. However, he mostly worked in the area of Public Finance and Commerce.
Mr. Islam is now working as Additional Secretary at Finance Division, Ministry of Finance, Government of Bangladesh.
Mr. Altaf Hussain 
Nominated Director, AKFED
Mr. Altaf Hussain is a Master of Commerce from Hailey College of Commerce (secured 1st class 2nd position in Punjab University). He is a Gold Medalist from the same college as he topped in Punjab University and set a new record in his B.Com. (Hons.) Degree. He is a veteran banker and served Habib Bank Limited, a leading international bank of Pakistan for about 39 years in various positions. He has extensively worked on overseas assignments which include his posting as Regional General Manager-Gulf, General Manager-Bahrain and Managing Director of a Finance Company in Kuwait. Prior to his retirement, he was the Senior Executive Vice President of Habib Bank Limited. He is a Director on the Board of IPDC since May 2005
Mr. Mansoor Ali Halari
Nominated Director, AKFED
Mr. Mansoor Ali Halari is working at Habib Bank Limited (HBL) as Senior Manager - Special Projects. He is an experienced banker and has worked at The Royal Bank of Scotland, ABN AMRO Bank, NIB Bank and PICIC Commercial Bank. He started his career as Programmer Analyst at Information Systems Department, Aga Khan University Hospital (Karachi, Pakistan).
Mr. Halari is a certified Financial Risk Manager (FRM) from the Global Association of Risk Professionals (USA). He is Master in Business Administration (majoring in MIS and Finance) from the Institute of Business Administration (Karachi, Pakistan) and Bachelor in Computer Science from FAST-ICS (Karachi, Pakistan).
Mr. Halari has attended training programmes encompassing credit analysis, risk management, corporate risk assessment, microfinance, international trade, etc.
Mr. Sulaiman Ajanee
Nominated Director, AKFED

Mr. Sulaiman Ajanee is an Associate in Industrial Engineering. Mr. Ajanee is the Vice Chairman, National Committee, Aga Khan Foundation and the Chairman, Aga Khan Education Service, Bangladesh. He is a member on the Board of Directors of IPDC since January 2004.
Mr. Alauddin A. Majid
Independent Director
Mr. Alauddin A. Majid, a celebrated banker, has an outstanding track of professional and academic record. He completed his B.S. & M.S. from American University of Beirut, Lebanon. Later on, he completed another Masters in Agricultural Economics from University of Sydney, Australia. Mr. Majid started his glorious career-journey as Senior Analytical Chemist of Parsons Basil in Saudi Arabia. Then he worked as Staff Agronomist and Chemist in Esso Pakistan Fertilizer Co. Ltd. in Pakistan. He served as Senior Agronomist in Prakaushali Sangsad Ltd. Later on, he worked in various banks, namely, Bangladesh Krishi Bank, Rajshahi Krishi Unnayan Bank, Agrani Bank and BASIC Bank Limited. From 1996 to 2001, Mr. Majid was the Managing Director of BASIC Bank Limited. He also worked in Fareast Finance & Investment Limited as its Managing Director. A man of versatile profile, Mr. Majid is the Chairman of Data Edge Ltd. and a Member in the Board of Grameen Foundation.
Mr. Altaf Ramzi
Nominated Director, AKFED.

Mr. Altaf Ramzi, a successful professional, has an illustrious track of record. After graduating in Commerce from University of Karachi, Pakistan, he joined the Bank of Credit and Commerce International (SA) Limited [BCCI] in 1981 as an officer in International Cadre. He then served in BCCI in various capacities and was posted in Egypt, Pakistan and London. He was a Consultant in Deloitte Touche Tohmatsu – a London-based Chartered Accountants firm. He also held the position of Marketing Manager of Signet Enterprises Limited, UK. Coming to Bangladesh in 1996, he has been serving as the General Manager of Signet Enterprises Ltd. and Scotia Services Ltd. He also serves as a Director of Meem Dresses (PVT.) Ltd.
Mr. Shahid Mahmood Loan
Nominated Director, AKFED
Mr. Shahid Mahmood Loan has a banking experience with Habib Bank Limited (HBL) spreading over a period of 40 years in all segments of banking. He has extensively worked in the overseas on various coveted assignments i.e. Head of Offshore Banking in Bahrain and CEO of Himalayan Bank Ltd., Nepal (Joint Venture of HBL). He also held very senior executive positions in domestic banking sector and worked as Senior Executive Vice President & Head of the Audit & Inspection and also as Global Treasurer. Presently he is serving as the Chairman of Board of Directors of Kirghistan Investment & Credit Bank and also holding directorship of New Jubilee Insurance Company of Pakistan. He is on the board of IPDC as a Director since May 2007.
Amin H. Manekia
Nominated Director, AKFED
Mr. Amin H. Manekia was born in 1961. Mr. Manekia was educated in India and USA. He graduated from Sydenham College obtaining 1st Class in B.Com. He completed his MBA (majoring in Finance & Marketing) from Babson College, Wellesley, USA. Mr. Manekia has vast and diversified expertise in the field of Corporate & Business operations. He pioneered the concept of automatic beverage dispensing machines in India. He also geared the import and marketing of the automatic beverage machines. He was closely involved with distribution, import and marketing of various food products. He also has his expertise in institutional catering. Mr. Manekia was a Member of the Aga Khan Economic Planning Board for India from 1990 to 1996. He also chaired the organization from 1996 to 2002. He served as a Member of the National Council for India. He also served as a Director of Development Credit Bank Limited of India.
Ms. Ashraf Ali
Nominated Director, AKFED
Ms. Ashraf Ali is a Masters in Political Science from the University of Dhaka. She worked for British Airways as Sales Manager for 22 years and took early retirement in 2000. During her tenure with British Airways she won many awards for outstanding performances. She is involved with community work and served as the President of the Aga Khan National Council for Bangladesh from 1993-1999 and a member of the National committee, Aga Khan Foundation Bangladesh during this period. She is a Director on the Board of IPDC since October 2006.
Ms. Humaira Azam 
Managing Director & CEO
Ms. Humaira Azam assumed the position of Managing Director & CEO of IPDC of Bangladesh Limited since April 01, 2009. Ms. Humaira Azam is a Master in International Relations from Dhaka University.
Prior to her joining in IPDC she gathered an experience of around 19 years with a career in diverse fields like Corporate Banking, Debt Restructuring, Special Asset Management, Institutional Banking and Risk with three of the world’s famous financial institutions i.e. Standard Chartered Bank, HSBC and ANZ Grindlays. She started her career as a Management Trainee in ANZ Grindlays Bank. In her roles in the various functions during her career she was able to overcome strong challenges over time, which required strong commitment not only to formulate strategies but to see things through to ensure turn around from negative positions. Ms. Azam possesses excellent relationship building and selling skills. She maintains strict discipline in compliance and credit. Over the tenure of her work life, she has undergone several trainings in areas like account management, credit, team building, international trade, managerial skills, leadership etc. in renowned institutions like Oxford and Insead.
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