BLFCA elects new executive committee

The Bangladesh Leasing and Finance Companies Association (BLFCA) has announced its new Executive Committee for a two-year term (2025-26), says a statement.

M Jamal Uddin, CEO and Managing Director of IDLC Finance PLC, has been elected as the chairman of the association while Md Kyser Hamid, CEO and Managing Director of Bangladesh Finance Limited, and Kanti Kumar Saha, CEO of Alliance Finance PLC, will serve as vice chairmen.

Members of the Executive Committee are Md Golam Sarwar Bhuiyan (IIDFC PLC), Nasimul Baten (DBH Finance PLC), Mohammed Mosharaf Hossain (Islamic Finance and Investment Ltd.), Mohammad Shamsul Islam (National Housing Finance PLC), Quazi Nizam Ahmed (Meridian Finance and Investment Limited), Irteza Ahmed Khan (National Finance Ltd.), Rizwan Dawood Shams (IPDC Finance PLC), and Asit Kumar Chakravorty (SFIL Finance PLC).

The newly elected committee has pledged to enhance the capacity of the sector and reaffirmed its commitment to contributing to the socioeconomic development of Bangladesh.