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March 18, 2018
Price Sensitive Information

February 14, 2018
NHFIL inks deal with BB for JICA-funded FDIPP

February 25, 2018
Software agreement between NHFIL and Era-InfoTech

February 14, 2018
NHFIL inks deal with BB for JICA-funded FDIPP

February 11, 2018
Annual Business Conference 2018

January 02, 2018
Mr. Md. Khalilur Rahman elected Chairman of BLFCA

October 03, 2017
NHFIL turns over a new page

Board of Directors

Mr. Latifur Rahman

Representing Bangladesh Lamps Ltd.


Mr. Latifur Rahman is the Chairman and CEO of Transcom Group, with annual turnover of around Taka 39 billion, employing over 13000 people. The business originated with tea plantations in 1885.

Group companies dealing with beverages, electronics, pharmaceuticals, fast food, snacks and breakfast cereals, distributions, print media and tea include, Transcom Beverages, Transcom Electronics, Eskayef Bangladesh, Transcom Foods, Transcom Distribution Company, Transcom Consumer Products, Mediastar, Mediaworld and Tea Holdings.

Transcom is a major stakeholder of Reliance Insurance Limited, National Housing Finance and Investments Limited, IDLC Finance Limited and Pubali Bank Limited.

He is Chairman of Nestlé Bangladesh and Holcim Cement (Bangladesh) Limited. He is a member of the Governing Body of BRAC, world’s largest NGO.

Mr. Latifur Rahman is currently the Vice President of ICC – Bangladesh. Mr. Rahman has also been elected as a Member of the Executive Board of International Chamber of Commerce, Paris for a 3-year term w.e.f 1st July 2014.

He is a former President of Metropolitan Chamber of Commerce, the position he held for seven terms and also a former President of Bangladesh Employers’ Federation (two terms).

Mr Rahman was Chairman, Tradebody Reforms Committee, Member – Bangladesh Better Business Forum, Advisory Committee on WTO. He was Member of the Executive Board of Bangladesh Bank (Central Bank).

Mr. Rahman is an Honouree of “Oslo Business for Peace Award 2012” and was awarded Business Executive of the Year 2001 by American Chamber in Bangladesh.




United Commercial Bank Ltd.




Mr. Muminul Haque Chowdhury

Representing Borak Travels (Pvt.) Ltd.


Mr. Muminul Haque Chowdhury holds an M.S. in Economics from University of Darmstadt of New York. He also holds a Post Graduate Diploma in Energy Management from the State University of New York.

His area of specialization includes Business Administration, Negotiation, Financial and Economic Analysis, Monitoring and overall Management. Mr. Chowdhury is also an Advisor of Unique Group of Companies Limited. He has actively participated in many professional seminars at home and abroad.  


Mr. Akhtar Ahmed

Representing Reliance Insurance Limited


After completing B.A. (Honors) and M.A. from Dhaka University in 1970, Mr. Akhtar Ahmed joined Eastern Federal Union Insurance Company, the largest insurance company in the then Pakistan, as an Executive Officer. Following the nationalization of insurance industry in Bangladesh in 1972, his services were absorbed in Sadharan Bima Corporation.

In 1981 he joined Asian Reinsurance Corporation and served there in various Managerial position till 1989. In 1989 he joined Arab Insurance Group, the largest insurance organization of the Middle East and served for 14 years in various positions as Chief Manager, Regional General Manager and Chief Executive of its Far East operations, based in Hong Kong and Kuala Lumpur.

Mr. Ahmed returned back home in 2003 and served as Managing Director of Sadharan Bima Corporation till February 2004. In 2005 he completed an assignment as Consultant to KPMG, Abu Dhabi, on a project for setting up a large reinsurance company in the Middle East. Mr. Ahmed is Advisor of Reliance Insurance Ltd. Mr. Ahmed is an Associate of Chartered Insurance Institute, UK.  


Mr. Azmal Hossain

Representing Eastern Insurance Co. Ltd.


Mr. Azmal Hossain, Director of National Housing Finance and Investments Limited and Vice Chairman of Eastern Insurance Co. Ltd. He is also Managing Director of Hashem Paper Mills Ltd. He has been involved in manufacturing of electric goods, paper, housing beside insurance.


Mr. Syed M. Altaf Hussain

Representing Pragati Insurance Ltd.


Syed M. Altaf Hussain is the present Chairman of Pragati Insurance Ltd., He has had a long and distinguished career in the fields of food grains, crop nutrition, business development, high-rise building development, technology, business operations and financial institutions with over 36 years of experience. He is a sponsor director and notably the founding chairman of Pragati Life Insurance Ltd. As Chairman and CEO of WW Grains Corp. representing Cargill Inc., USA, he pioneered large-scale trading of food grains and fertilizer commodities. Through his work, he has spent considerable time traveling internationally and had the opportunity to attain an Engineering degree from the University of Texas, Arlington as well as successfully completed Grain Marketing & Agronomical courses from North Dakota State University and Harvard Business School. Additionally, he holds the Chairman title in the following businesses: Sonic Allied Industries Ltd., WW Properties Ltd. and the editorial board of 'The Daily Janata'. He is also Co-Chairman of Jamuna Resort Ltd. and was former chief Advisor of ATDP-II projects funded by the USAID. Several social, governmental and educational institutions at home and abroad have acknowledged his agro-based expertise.


Mr. Mahbubur Rahman

Representing Eastland Insurance Co. Ltd.


Mr. Mahbubur Rahman, President, International Chamber of Commerce (ICC) – Bangladesh, The world business organization entered into business in early sixties.

He is the founder of ETBL Holdings Ltd., Eastern Trading (Bangladesh) Ltd., ETBL Development Construction Ltd., ETBL Securities & Exchanges Ltd., Progressive Investments Ltd. (successors to the National Rubber Industries), Century Cold Storage Ltd., Mr. Rahman is also a leading Sponsor of the Eastland Insurance Co. Ltd., International Publications Ltd. (Publisher of the Daily Financial Express), National Bank Ltd and National Housing Finance and Investments Ltd.

He has been very active in various business forums & social organization. He represented Government of Sri Lanka in Bangladesh during 1972-79. Mr. Mahbubur Rahman is also a Member of ICC World Council, Paris, Business Advisory Council (BAC) of UN-ESCAP (United Nations Economic and Social Commission for Asia and the Pacific), Chairman, Bangladesh International Arbitration Centre (BIAC), Member, Board of Governors, Institute of Business Administration (IBA), University of Dhaka, Founder Member, Independent University Bangladesh, Bangladesh Foreign Trade Institute (BFTI).

Mr. Rahman served FBCCI (Federation of Bangladesh Chambers of Commerce & Industry) as President during 1992-94, President of the Dhaka Chamber of Commerce & Industry (DCCI) 1985-86 & 1991-92, Member, Global Executive Board of ICC Paris (1997-99), Founder Vice President, SAARC Chamber of Commerce, Vice President (West Asia), Islamic Chamber of Commerce, Industry and Commodity Exchange (1993-95).


Mr. M Nurul Alam

Representing Shaw Wallace Bangladesh Ltd.


Mr. M Nurul Alam is the Managing Director of Shaw Wallace Bangladesh Ltd. He obtained a Masters Degree in Economics from Chittagong University and an MBA Degree from the Institute of Business Administration, Dhaka University. He has previously served companies such as James Finlay PLC, P&O Nedlloyd and Maersk Line before joining Shaw Wallace Group in February 2008. He is SWBL's second nominee on the Board of International Leasing & Financial Services Limited and Honorary Advisor of the Bangladesh Container Shipping Association.


Mr. Md. Kabir Reza

Representing Square Pharmaceuticals Ltd.


Md. Kabir Reza is the group Finance Director of Square Pharmaceuticals Ltd and Managing Director of United Financial Trading Company Limited. He is a Fellow member of Institute of Cost and Management Accountant. He obtained B.Com (Hons.) M. Com. from Rajshahi University. A man of strong personality and unbendable principle, his long business and private service career are decorated with unmatchable success.

Mr. Reza started his career with Rafkhat Group of companies as an Assistant Manager (Accounts) from 1991 to 1993. Then he took the responsibility of chief accountant of Bangladesh Engineering & Technological Services limited during the period from 1993 to 1995. At the height of his professional career, he became the director of Accounts and Finance of Square Pharmaceuticals Limited on the year 2000. In addition to that he is a Director of Strategic Equity Management Limited (Asset Mgt. Company), Eastern Logistic Services Limited.


Mr. Syed Ali Jowher Rizvi


Mr. Jowher Rizvi, Director and Chairman Executive Committee of NHFIL completed his MBA degree in International Finance and Accounting from Indiana University, USA. He also earned MA in Economics with Honors from Dhaka University.

Mr. Rizvi started his professional career with Bank of Credit and Commerce International (BCCI) in 1977 and at the same time was engaged with Institute of Business Administration (IBA) as a part time (Honorary) Lecturer. From 1991 to 1997, he served Union Bank Zambia Ltd., Zambia as its founder Managing Director. Returning to Bangladesh he established Alliance Holdings Limited (AHL) and started his journey as an entrepreneur. In 1997, along with his friend Mr. Muhammed Aziz Khan of Summit Group, he entered the Off-Dock business where Mr. Rizvi has since served as the Managing Director of Ocean Containers Limited (later on merged with Summit Alliance Port Limited). Subsequently in 2003, the two sponsors jointly made another valuable addition to the expanding Off-Dock industry of the Country by establishing Summit Alliance Port Limited (SAPL). SAPL is listed with the two major bourses of the country.

Mr. Rizvi, through AHL has substantial investments in Off-Docks, Beverage Manufacturing, Textile, Prefabricated Steel Building Manufacturing, Real Estate Development, Financial Institutions, Lubricant Blending, Telecommunications and Pharmaceutical etc. In spite of his busy schedule, he still finds time to pursue his favorite passion and teaches on part time (Honorary) basis at different educational institutions of the country.


Professor Imran Rahman
Independent Director


Professor Imran Rahman is the Vice Chancellor of the University of Liberal Arts Bangladesh (ULAB). He has twenty-nine years of teaching experience, including twenty-two years at the Institute of Business Administration (IBA) as a teacher of investments, capital markets and corporate finance, in the MBA and BBA Programs.

He ran a merchant bank for six years in the 1990s, and has twenty five years of corporate consulting experience at home and in the UK. Professor Rahman was a doctoral researcher in finance at the Manchester Business School in the mid eighties. He has a MBA from IBA and a B.Sc. in Economics from the London School of Economics and Political Science.


Mr. Syed Tanveer Hussain
Independent Director


Syed Tanveer Hussain is a retired senior bureaucrat with more than 35 years experience in Government. After retiring, he now heads “Climate Change Company”, a climate and environmental services company.

Mr. Hussain has held the post of Secretary in several key ministries such as Housing and Public Works Ministry, Textile, Planning, the last being as Secretary, Ministry of Environment and Forests.

In 2001, Mr. Hussain was the National Censes Commissioner and conducted the national census for that year. Prior to his being Secretary Mr. Hussain was the Chief Controller of Insurance.


Mr. Imtiaz Mahmood
Independent Director


Mr. Imtiaz Mahmood is a reputed Lawyer of Bangladesh Supreme Court. He has expertise in Company Law matters. He obtained his LL.B (Hon’s) from University of London UK in 1993.

He started his legal career as an Associate of House of Law, Barrister, Solicitors, Advocate and Tax consultant. Later he worked as an Associate, in Dr. Kamal Hossain & Associates from September 1996 to May 2000. At present he is a partner of Mahmood Jabbar Khan, Barrister & Advocates, Dhaka.

Mr. Mahmood has experience in handling Legal matters of Direct Foreign Investment, Petroleum, Mineral Resources, Power, Telecommunication and in Commercial Arbitration both Foreign and Local including ICC.


Mr. Md. Khalilur Rahman
Managing Director


Mr. Md. Khalilur Rahman joined as Managing Director of National Housing Finance And Investments Ltd. (NHFIL) in February 2015. Prior to join as Managing Director he was Additional Managing Director of NHFIL from October 2013. He also chairman of Bangladesh Leasing and Finance Companies Association (BLFCA).

Mr. Rahman has more than 37 years experience in various Banks & NBFIs at home and abroad. He stated his career with Bangladesh Shilpa Bank as Senior Officer (Financial Analyst) in the year 1979. He also worked with IFIC Bank as Senior AVP, Southeast Bank as VP, IIDFC as AMD and BIFC as MD. He has been successfully discharging his assignments while posted at various capacities of his career at home and abroad.

Mr. Rahman completed his MBA from IBA, University of Dhaka.