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BMBA gets new president

Tuesday, 4 May 2010


FE Report
Arif Khan, deputy managing director of IDLC Finance Limited, was elected president of Bangladesh Merchant Bankers Association (BMBA) for one year.
Its 11-memebr executive committee Monday voted Khan as president following resignation of Fazlur Rahman, deputy managing director of AB Bank Ltd, on his personal ground. His term was scheduled to end on December this year.
Mostafa Kamal of Mercantile Securities has been inducted in the executive committee, replacing Arif Khan. Other office bearers will remain unchanged.
Sheikh Mortuza Ahmed, head of the merchant banking division of Prime Bank, is the vice-president of BMBA
M Abdur Rouf, chief executive officer of ICB Capital Management Limited, is the secretary of BMBA, while Abdul Awal, managing director of Bangladesh Multi Securities and Services Limited, is the treasurer.
Akter Hossain Sannamat of Prime Finance and Investment, Mohammad Ahsanullah of Trust Bank, A Malek Shamsher of Lankabangla Finance, Golam Sarwar Bhuiyan of GSP Finance Company, Tapan Krishna Poddar of Alliance Financial Services and Mohammad A Hafiz of AAA Consultants and Financial Advisers are the other members of the executive committee.
The merchant bankers reformed their association in November 21 last year when Rahman took the leadership of the association through their first-ever election since 1997, when BMBA was launched.