Chief Executive Officer
Kanti Kumar Saha has recently been appointed as the new Chief Executive Officer (CEO) of Lankan Alliance Finance effective 12/08/2020 taking over from Romesh Elapata on completion of his successful tenure.
Chairman of Lankan Alliance Finance Jowher Rizvi welcomed the new CEO stating, “Lankan Alliance is set now to deliver customized financial solutions and new products under the leadership of new CEO who is bringing in his valuable experience in corporate and investment banking and the best practices from global financial institutions.”
Before joining Lankan Alliance Finance Limited, in his 29 years of the distinguished career, he represented the Board as a Director in the capacity of Managing Director and CEO of NDB Capital Limited, an investment banking arm of National Development Bank PLC of Sri Lanka. Mr. Kumar was the Director and Head of Global Corporate Banking at Citibank N. A. Bangladesh, Senior Relationship Manager in Corporate Banking of Standard Chartered Bank and also served as Deputy Managing Director and Chief Business Officer (CBO) of Prime Bank Limited.
Mr. Kumar holds both Bachelor’s and Master’s degree in Economics from the University of Dhaka. He also holds a Postgraduate Management Degree from Nottingham Trent University, U.K.
Chief Financial Officer
He is a Fellow member of The Chartered Institute of Management Accountants (UK). He holds a BSc (Economics and Management) degree from University of London (London School of Economics).
He also holds a Post Graduate Diploma in business and finance management from The Institute of Chartered Accountants (Sri Lanka) with a merit award and MBA from Harriot Watt University (Edinburgh Business School) in Scotland.
He has also completed Diploma in Taxation from Sri Lanka Institute of Taxation, Diploma in Treasury and Risk Management from Sri Lanka Institute of Bankers. Recently, he also obtained the Fellow membership from the Sri Lanka Institute of Credit Management (SLICM), only government authorized body in credit management in Sri Lanka.
He counts over 18 years of experience in finance and business management in diversified fields ranging from mass communication, manufacturing, BPO to banking and finance.
Head of Business
Shahanur Rashid, having about 16 years of experience in local banks, NBFI, Investment Bank and multinational telecommunication company, joined Lankan Alliance Finance on February 01, 2021 as Head of Business. Prior to joining Lankan Alliance, Shahanur was the Chief Operating Officer at NDB Capital Ltd, a leading joint venture investment bank and worked in executing some landmark financing transactions in power and energy, infrastructure, economic zone – securing finance from World Bank, telecom, steels, automobile, and Bonds for Commercial Banks. Shahanur is well experienced in arranging preference shares, commercial papers, corporate bonds, and hybrid debt products etc. His area of expertise includes corporate banking, project financing, structured finance, investment banking and risk management.
Shahanur has an illustrious career across multiple financial organizations including Head of Corporate Division at Industrial and Infrastructure Development Finance Company (IIDFC) and Vice President of Structured Finance in the same organization. He has also worked in The City Bank, BRAC Bank, ICB Islamic Bank and Ericsson Bangladesh in different managerial capacities. He was a member of core banking software implementation team for BRAC Bank, member of support system integration implementation for Ericsson Bangladesh and member of core banking software migration team for ICB Islamic Bank.
A Certified Management Accountant, Shahanur also has an MBA from American International University Bangladesh. He is a Certified Expert in Risk Management under a joint program offered by Frankfurt School of Finance & Management GmBH, Germany and BIBM, Bangladesh. As part of a continuous management development process, Shahanur pursued Advance Certificate in Business Administration, jointly offered by IBA, University of Dhaka and AMDISA and certification in equity research from Pearl Institute of Financial Markets. Shahanur studied Chartered Accountancy as well and did his articleship with Hoda Vasi Chowdhury & Co. He is also a member of Institute of Public Accountants, Australia.
He attended various training courses and participated in seminars and workshops on different aspects of Banking, Leadership and Strategy home and abroad.
Head of Credit Risk Management
Mostofa Meer Khaled Omar joined Lankan Alliance Finance Limited as Head of Credit Risk Management in December 2021. He is also acting as CAMLCO of the organization. He brings with him more than 20 years of experience of working in some of the leading Banks and Financial Institutions of the country. Experiences include business Development, Relationship Management, Credit Underwriting and Asset operations of Corporate, SME and Retail segments of different Banks.
Prior to joining LAFL he was EVP and Head of business of Uttara Finance & Investments Limited for a brief stint and for long nine years he served as Head of SME, Agri. Credit and Sustainable Finance department of Southeast Bank Limited. He started his career in year 2001 as a probationary officer of Dutch Bangla Bank Limited.
Mr. Omar did his MBA from IBA, MBM from BIBM and undergraduate studies from Aligarh Muslim University, India majoring Economics. He is a Certified Documentary Credit Specialist (CDCS) from IFS University College (presently The London Institute of banking & Finance), UK. He received extensive training from Switzerland, Singapore, Thailand and Bangladesh on Credit Risk Management, SME, Sustainable Finance and various banking topics.
Head of IT
Mr. Shahidul Islam Mazumder has recently joined Lankan Alliance Finance Limited as the Head of IT. Prior to this role, he worked at United Finance Limited as Chief Service Officer, responsible for IT and IT enabled services. He is a person with more than 20 years of experience in developing and implementing long-term technology solutions for business and industry having successfully managed many projects.
Started his career with multinationals like Standard Chartered Bank and CitiBank N.A., he has practiced technological innovations and developments in various aspects at different levels. He has valuable experience of rolling out of core banking solution in the capacity of Head of IT in a NBFI and successfully launched the service delivery platform safeguarding company assets maintaining the standard safety and security. He was an active member of Y2K implementation project across Middle East and South Asia region in Standard Chartered Bank. He has participated when Standard Chartered Bank launched first ATM in the country. He also worked as a core member of the Grindlays Bank acquisition project by Standard Chartered Bank during the year 2000.
He has visited UAE, Jordan, Lebanon, Nepal and India for different integration project carried out by Standard Chartered Bank.
Shahid has graduated from Staffordshire University UK in Computer Studies. He also obtained an EMBA from NIBM, Chennai, India. He is an associate member of Australian Computer Society (ACS).
Head of ICC
Mr. Iqbal Ahmed joined Lankan Alliance Finance Limited as Head of Internal Control and Compliance (ICC) in January 2021. Prior to joining LAFL, he worked in various capacities at Citibank, N.A. and BRAC Bank. He started his finance and banking career with Citibank, N.A. and worked in Financial Control, Credit Administration, Cash & Trade Operations and Branch Operations for about 15 years and with BRAC Bank in Risk Management for 3 years. He worked more than 10 years in Citibank, N.A. in internal control functions.
Iqbal did his post-graduation from Jahangirnagar University and Executive MBA from American International University, Bangladesh. He also completed Post Graduate Diploma (PGD) in Capital Market from BICM and received several professional trainings, especially on Core Banking, Internal Control and Compliance, Anti-Money Laundering, Customer Services at home and abroad.
He has a strong interest in Fintech activities that include digitization of the financial sector and is actively associated with the Internet Governance Forum under UN supervision. He is a fellow of Bangladesh School of Internet Governance (BDSIG) and Asia Pacific School of Internet Governance.