Director Profile December 24

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Md.

Shamsul Islam Varosha


Chairman

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. Lately Mr. Varosha diversified his interest in the financial sector and joined in
Fareast Finance & Investment Limited as Sponsor Director in the year 2001.

Md. Ershad Ullah


Vice Chairman

Mr. Md. ErshadUllah completed his graduatgraduation


ion in Management from Southeast Asian Union
American College, Singapore in the year 1995. He is hailing from a family engaged in transport and
has given commendable support to his father in running a renowned transport organization
“DigantaParibahan” from the same year. After joining of Mr. Md. ErshadUllah the business flourished
and made impressive gains. Subsequently, in the year 1996 he started a new transport business line in
the name of ErshadEnterprise.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.

Rubaiyat Khaled
Director

Mr. Rubaiyat Khaled, Director of Fareast Finance & Investment Limited has an excellent academic
record. He has obtained his BBA Degree from North South University. He is a young entrepreneur.
Mr. Rubaiyat is also a Director of MAKSONS (Bangladesh) Limited, MAKSONS Associates Asso
Limited, Prime Financial Securities Ltd., Prime Finance Capi
Capital Management Limited, Fareast Stocks
and Bonds Limited. He is one of the sponsor sharehol
shareholders of PFI Securities Limited. Besides, he is a
member of the Board of Directors of Primeasia Fou
Foundation.

Dr. Khadiza Waheeda Jahan


Director

Dr. Khadiza Waheeda Jahan is a Director of Fareast Finance & Investment Limited. She is a PhD and
completed her post-graduate
graduate and undergraduate studies from the University of Dhaka.

Mr. Md. Ashaduzzaman


Director

Mr. Md. Ashaduzzaman is a Director of Fareast Finance & Investm


Investment
ent Limited. He is representing
Rimsha BD Limited in Board of Directors of Fareast FinanFinance
ce & Investment Limited. He has
completed postgraduate degreee in Master in Commerce. Currently, he is playing the role of Executive
Director in Rimsha BD Limited. He is also working in vvarious prestigious positions in Ramisha
Group.
A K M Rahmat Ullah
Independent Director

Mr. A K M Rahmat Ullah, FCA, CPFA, is an Independent Director of Fareast Finance & Investment
Limited. He qualified as Chartered Accountant in 28th December 1997 and a Fellow member (FCA)
of ICAB. He is also a member of The Chartered Institute of Public Finance & Accountancy (CIPFA),
UK. He has completed his Master degree from Dhaka University. He has more than 30 years of
experience to work in the field of financial management, accounts and audit, administration and office
management, internal control and compliance, safeguard assessment et etcc in different organizations,
particularly Bangladesh Bank.

Kazi Md. Mortuza Ali


Independent Director

Mr. Kazi Md. Mortuza Ali is an Independent Director of Fareast Finance & Investment Limited. Mr.
Ali, B.Com (Hons), M.Com, L.L.B. is an Associate of Ch
Chartered
artered Insurance Institute (ACII), London.
He is also a graduate from Norwegian Shipping Academy, Oslo. He is presently serving as Chief
Consultant of the Prime Islami Life Insurance Limited (PILIL), Dhaka since 4th October, 2015 and
Director General (DG) of Bangladesh Institute for Professional Development (BIPD) since January,
2016. He served as CEO of PILIL during 1st October 2002 to 3rd October 2015. He was Director
(CEO) of Bangladesh Insurance Academy during 1995
1995-2002. Before joining the Insurance Academy
ademy
he served Bangladesh Shipping Corporation during 1974 to 1995 in different positions, including GM
(Operation), DGM (Marketing & Research) & AGM (Insurance & Claims).

He served as specialist member of the “Committee” formed by the Government of the Peoples
Republic of Bangladesh for reforming Insurance law and enacting new laws. He served also as
Member of the “Committee” formed by the Honorable President’s Secretariat of the Government of
the Peoples Republic of Bangladesh to investigate in to an aalleged
lleged “Insurance Claim & Maritime
Fraud”.

Dr. Parimal Chandra Datta


Independent Director

Dr. Parimal Chandra Datta is an Independent Director of Fareast Finance & Investment Limited. He
pursued his doctoral studies in finance and accounting from Preston University, the USA and
completed his post-graduate
graduate and undergraduate studies in accounting from the University of Dhaka.

With a prolong 46-year


year of experience of pedagogy and teaching have been his ever enduring passion
and he has been in teachingg since 1974 by mentoring and lecturing for post post-graduate
graduate and
undergraduate business students of government colleges and private universities; authored about
twenty (20) books for finance and accounting students of post post-graduate
graduate and undergraduate levels
along
ong with seven research articles. A significant portion of his time has been committed in education
administration along with teaching, publishing of books and articles; currently he is heading the
department of business administration of Notre Dame Univer
University
sity of Bangladesh, Dhaka and earlier he
held the positions of Dean, Faculty of Business Administration of Royal University of Bangladesh and
Registrar of IBAIS University in the recent past. Besides, his own domain of academia, he has been
engaging himselff in the corporate world as well.

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