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Brief profile of the Directors

Mr. Md. Shamsul Islam Varosha is the Chairman of the Company. Mr. Varosha is a Master in Management, joined his father’s renowned tobacco business in the year 1987 and continued up to 8 years. Subsequently, he joined his father’s match factory in the year 1996 as Managing Director and with his skill, proficiency and courage he made a turnaround of the company from a losing concern to a profit generating company. Besides, from the very beginning of his business career, he was engaged in trading business of chemicals and vehicles. Later on Mr. Varosha diversified his interest in the financial sector and joined in Fareast Finance & Investment Limited as Sponsor Director in the year 2001.

Mr. Md. Ershad Ullah completed his graduation in Management from Southeast Asian Union American College, Singapore in the year 1995. He is hailing from a family engaged in transport business and has given commendable support to his father in running a renowned transport organization “Diganta Paribahan” from the same year. After joining of Mr. Md. Ershad Ullah the business flourished and made impressive gains. Subsequently, in the year 1996 he started a new transport business line in the name of Ershad Enterprise. In the year 2001 he diversified his operational area from transport to financial institution sector and became a Sponsor Director of Fareast Finance & Investment Limited. In the year 2003 he again diversified his operational area in the cargo business in domestic line. Currently, he is the Vice Chairman of Fareast Finance & Investment Limited.

Dr. Khadiza Waheeda Jahan is a Director of Fareast Finance & Investment Limited. She is a PhD from Canada and completed her post-graduate and undergraduate studies from the University of Dhaka. Ms. Jahan is currently residing in Canada. She is the elder daughter of Mr. M. A. Wahhab and Ms. Muslima Shirin. Mr. Wahhab is the former chairman of Fareast Finance & Investment Limited.

Mr. Md. Ashaduzzaman is a Director of Fareast Finance & Investment Limited. He is representing Rimsha BD Limited in the Board of Directors of Fareast Finance & Investment Limited. He has completed postgraduate degree in Master in Commerce. Currently, he is playing the role of Executive Director in Rimsha BD Limited. He is also working in various prestigious positions in Ramisha Group.

Md. Shamsul Islam VaroshaChairman

Md. Ershad UllahVice Chairman

Dr. Khadiza Waheeda Jahan Director

Mr. Md. AshaduzzamanDirector

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Ashraf Abdullah YussufIndependent Director

Mr. Ashraf Abdullah Yussuf is an Independent Director of Fareast Finance & Investment Limited. He did his post-graduation in International Studies from King’s College, University of London and in Political Science from National University of Bangladesh. He was the Executive Chairman of Bangladesh Export Processing Zone Authority (BEPZA) and served many important roles during his glorious professional career.

Mr. Md. Rafiqul Islam is an Independent Director of Fareast Finance & Investment Limited. He completed his graduation and post graduation from University of Rajshahi and University of Dhaka respectively. Mr. Islam was Managing Director of South Bangladesh Agriculture & Commerce Bank Limited. He also discharged many important roles in several banks including Al-Arafah Islami Bank Limited, Jamuna Bank Limited, Prime Bank Limited, National Bank Limited and Pubali Bank Limited. He attended various trainings and seminars on banking in home and abroad.

Mr. Khandoker Motaher Uddin Ahmed is an Independent Director of Fareast Finance & Investment Limited. He completed his graduation from University of Dhaka and attained his professional degree from Institute of Bankers, Bangladesh. In his professional career he started with Agrani Bank Limited and discharged there a variety of significant roles and after that he joined Mutual Trust Bank Limited. Mr. Ahmed attended many training programs in home and abroad.

Md. Rafiqul IslamIndependent Director

Khandoker Motaher Uddin AhmedIndependent Director

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Mr. Muhammad Muhibbullahil Baqi is an Independent Director of Fareast Finance & Investment Limited. He is son of Prof. Dr. Muhammad Abdul Bari and Mrs. Lutfunnesa Khanam. His father was former Vice Chancellor of Rajshahi University and former Founder & Vice Chancellor of National University as well as former Chairman of Bangladesh University Grants Commission. Mr. Baqi completed his graduation and post graduation from University of Rajshahi and University of Dhaka respectively. He was a banker and served in different vital positions in United Commercial Bank Limited, Prime Bank Limited and Dutch Bangla Bank Limited from 1985 to 2017. He has a strong sense of leadership, responsibility, efficiency, strategic and organizational capabilities that help to achieve the organizational goals and capitalize on emerging business opportunities.

Mr. Santanu Saha is a fellow member of The Institute of Chartered Accountants of Bangladesh, The Institute of Cost and Management Accountants of Bangladesh, The Institute of Chartered Secretaries of Bangladesh and The Association of Accounting Technicians. Besides, he is also the member of the Institute of Certified Financial Consultants of Canada. At the beginning of his career, Mr. Saha joined IDLC Finance Limited the pioneer leasing company in Bangladesh in the year 1993. Then he joined Delta Life Insurance Company Limited in February 1995 and worked only for six months. In September 1995, he joined Uttara Finance and Investments Limited as Vice President and Company Secretary. There he worked as second man of the company and left in January 2002. Thereafter he joined Fareast Finance & Investment Limited as Executive Vice President and Company Secretary in January 2002. In September 2004, he was promoted to the post of Deputy Managing Director. Lastly, he joined in the position of Managing Director of the company on June 1, 2011. Besides, he attended various training on different subjects mainly on financial management provided by ICAB, ICMAB, ICSB and Small Enterprise Development Facilities etc.

Santanu SahaManaging Director

Muhammad Muhibbullahil BaqiIndependent Director