Mr. Rizwan Dawood Shams, currently appointed as the Managing Director, has been the first ever Additional Managing Director (AMD) at IPDC Finance Limited.

He has 20+ years of experience in the financial sector. Being result driven, he has exemplary skills in risk management, recovery management, team development, and operational excellence with impeccable understanding of the regulatory environment. He joined IPDC on November 1, 2007 as Senior Manager under Corporate Investment and played a pivotal role in transforming the organization over the years with increasing responsibilities. The departments under his supervision include Corporate Business, SME, Supply Chain Finance, Treasury, and Special Asset Management.

Under his visionary leadership, both Lending & Investment Portfolio and Customer Deposits grew by more than 10 times between 2015 and 2022, whilst Operating Profit rose by almost 4 times in the same period. The SME department was reshaped while focus point shifted to nationwide CMSMEs. Supply Chain Financing (SCF) was introduced at IPDC through him in 2012 and now IPDC holds more than 50% of Bangladesh’s total SCF market share. Concentrating on digitization and changing business world, major strategic initiatives were introduced, such as the first ever blockchain based supply chain finance platform in Southeast Asia - ORJON and AI-based retailer financing platform-DANA have been developed under his prudent governance. His expertise and direction on treasury operations ensured the exponential portfolio growth. Through his judicious expeditiousness, IPDC’s NPL is also one of the lowest in the market through efficient recovery and collection mechanism.

Before joining IPDC, Mr. Shams worked at GSP Finance, Habib Bank, and Standard Chartered Bank in numerous critical positions. He holds a Master of Business Administration (MBA) degree from Victoria University, Melbourne, Australia, and a Bachelor of Business Administration (BBA) from North South University. His professional career is decorated with numerous awards and notable professional accreditation from home and abroad.