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  Company Overview
 
IPDC was established by a distinguished multilateral team of shareholders in 1981 as the first private sector financial institution (Bank or non-Bank) in Bangladesh. The founding shareholders were:
 
The Government of the Peoples Republic of Bangladesh  (GOB)
 The Aga Khan Fund for Economic Development (AKFED),Switzerland
International Finance Corporation (IFC) an affiliate of the  World Bank
German Investment and Development Company (DEG), Germany
Commonwealth Development Corporation (CDC) United Kingdom
 

In early 2004, AKFED, as part of its strategy to strengthen its presence in the financial sector of this region, acquired 70% stake in IPDC by purchasing the shares from IFC, CDC and DEG. 

In 2006, the shareholding structure was again changed by issuance of public shares. However, AKFED maintains the management control of the company holding 51% of the shares .

IPDC Board of Directors has eleven members, GOB 2, AKFED 7, Independent 1, Managing Director (Ex-officio) 1. The Secretary, Ministry of Industries, GOB is present Chairman of IPDC.

 
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