BD Venture Ltd has appointed Mamun Rashid as its new Chairman, bringing on board one of the country's most respected financial minds to guide the company's next phase of growth, says a statement.
Mr Rashid is a seasoned finance professional, policy advocate, and corporate leader with almost four decades of experience in banking, consulting, and institution building.
Mamun Rashid
He is widely recognised for his role in shaping financial sector reforms in Bangladesh and advising both government and private sector institutions on economic and strategic issues.
His corporate career includes leadership roles at global financial institutions such as ANZ, Standard Chartered, and Citibank, N.A., where he played pivotal roles in expanding banking services and promoting financial inclusion. In addition to his current role as President of ShopUp, Bangladesh's largest B2B commerce platform, he also serves as Chairman of Financial Excellence Limited, National Tea Company, and Marie Stopes Clinic Society Bangladesh.
The appointment is seen as a strategic move for BD Venture, which is positioning itself as a leading player in Bangladesh's venture capital landscape. The firm is backed by eight major institutions -- Mutual Trust Bank (MTB), National Bank, EBL Securities, LankaBangla Finance, Green Delta Insurance, MIDAS Financing, Asia Pacific General Insurance and dataedge Ltd -- with additional ownership held by prominent bankers, accountants, and capital market professionals.
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