Kazi Mahmood Sattar
Kazi Mahmood Sattar

Mr. Sattar is a renowned banking professional. Mr. K Mahmood Sattar is the Chairman of the Board of Directors of IPDC Finance Limited. Over almost 40 years of his prolific career, Mahmood Sattar has successfully worked in leading positions of multiple prominent banks and financial institutions in Bangladesh and even abroad. With visionary leadership, he has demonstrated brilliant organizational transformation during his stint with different firms. 

Mr. Mahmood started his career with ANZ Grindlays Bank in 1981. Later he got the opportunity to work for the bank overseas, with postings in Mumbai and Melbourne. After returning from Australia, he successfully established country’s first ever Investment Banking Arm/Corporate Finance Unit and started working for the Corporate Banking Division of ANZ Grindlays Bank. In 1995, he rose to the position of Head of Corporate and Investment Banking.

His tenures as the Managing Director and CEO of two of the leading private commercial banks of the country- Eastern Bank Limited and The City Bank Limited brought him huge appreciation from the banking fraternity. With his leadership, farsightedness, knowledge and experience, Mr. Mahmood Sattar revolutionized the organizational culture, developed technological capability, and ensured business growth of both the banks to enable them to compete with the international banks in country.     

Until recently he was an Independent Director and Chairman of the Board Executive Committee of BRAC Bank Limited. Alongside his new responsibility as the Chairman of IPDC, he is currently the Chairman of RSA Advisory Limited a boutique Investment Bank and Blue Wealth Assets Limited an asset management company. He is a member of the Board of Directors of bKash Limited as well.

Mr. Mahmood Sattar other than IPDC is also involved with other entities in the following manner:


  1. RSA Advisory Limited
  2. Blue Wealth Assets Limited
  3. Brac Saajan Exchange Limited (UK)


  1. bKash Limited
  2. RSA Solution Limited
  3. RSA Aviation Limited

Independent Director:

  1. Unique Meghnaghat Power Limited