ICAB new body formed for 2014

The Council of the Institute of Chartered Accountants of Bangladesh (ICAB) has elected Showkat Hossain FCA as its President and Kamrul Abedin FCA, Nasim Anwar FCA and Dewan Nurul Islam FCA as the Vice Presidents of the Institute for the year 2014.

ICABThe new office bearers have been elected by the ICAB Council Members shortly before holding its 41st annual general meeting held at the ICAB auditorium in the city on Saturday. ICAB outgoing President Md. Abdus Salam FCA chaired the council meeting and the annual general meeting 2013.

President & VP for 2014Short profile of ICAB President

Showkat Hossain FCA has been elected as the 42nd President of the Institute of Chartered Accountants of Bangladesh (ICAB) for 2014 in a council meeting held on Saturday.

Hossain was born in 1949. He became an Associate Member in 1977 and Fellow Member in 1986 of ICAB. He has been in the ICAB Council since 2004. He also served the ICAB as Vice President in the years 2004, 2006, 2007, 2012 & 2013.

Hossain is a Partner of Hoda Vasi Chowdhury & Co. since 1998. Earlier he was Finance Director of  Sunman Group of Companies, Qualified Assistant of Ahmed Ahmed & Co., Chartered Accountants, he served in various executive & supervisory position in Azzawiy Oil Refinery Company, Libya and Ras Lanuf Oil & Gas Processing Company Libya. Prior to his departure for Oversees employment in Libya in 1979 & he worked as Management & Financial Accountant in Eastern Refinery Ltd. He also worked in Glaxo Laboratories (Bangladesh) Ltd as Internal Auditor prior to qualifying as Chartered Accountant. He was audit supervisor as well as Articled Student of A. F. Ferguson & Co. Chittagong.

At present, he is a Director in the Board of Union Bank Ltd. He represents ICAB in the Board of CWASA. He is a Member of SAFA Committee on Harmonization of Fiscal and Tariff Regimes. He is a Rotarian & Past President of Rotary Club of Islamabad, Chittagong. Chairman of a Charitable Organization named the Chirayata Shanti Society, Life Member of Chittagong Kidney Foundation & Maa Shisu O’General Hospital, Shahiq- a disabled organisation, Vice Chairman of Concern Services for Disabled

(CSD), Chairman of the Governing body of DoulatpurPrimary School and Member of the Governing Body of Gultaz Memorial High School & College, Fatickchari Chittagong.

He is a Member of Chittagong Club Ltd and a Member of Clubs Finance Sub-Committee. He is also a Member of the Advisory Committee in respect of Financial & Accounts, Banking & Taxation of Chittagong Chamber of Commerce & Industries Ltd.

As Chairman of the Election Commission he successfully conducted the E.C. & Chairman Election of Bangladeshiyo Cha Sangsad (4 times) & Bangladesh Tea Traders Association (Two times).

Short profile of ICAB Vice-Presidents

Kamrul Abedin FCA

Kamrul Abedin FCA was born in 1956. He did his Masters in Accounting from University of  Dhaka. He became an Associate Member in 1986 and Fellow in 1992 of the ICAB. He is a Partner of M J Abedin & Co. Chartered Accountants. Earlier he served Dhaka Regional Committee (DRC) of ICAB for consecutive 2 terms from 1995-1997 and 1998-2000 and he was Honarary Chairman of DRC – ICAB in 1998 and Honorary Secretary in 1995.

Dewan Nurul Islam FCA

 Dewan Nurul Islam FCA was born in 1964. He obtained his MBA degree in Finance from the University of Technology Sydney (UTS), Australia. He became an Associate Member in 1990 and a Fellow Member of ICAB in 1995. Dewan is the Managing Director of Grant Thornton Consulting Bangladesh Ltd, a leading global professional services firm in the world. He is Director and Vice Chairman of National Assets Management Ltd., Board Director & Audit Committee Chairman of Bangladesh Development Bank Ltd. (BDBL). He also has been serving the ICAB as a Council Member since 2013. He regularly participates on TV programs as capital markets and business analyst and writes in leading national dailies on business and economy issues.

Nasim Anwar FCA

Nasim Anwar FCA was born in 1966. He became an Associate Member in 1993 and Fellow Member in 1998 of the ICAB. He is a Partner of Syful Shamsul Alam & Co. Chartered Accountants. Before starting Public Practice, Anwar served the T.K. Group of Companies as a Finance Director.

Anwar has been in the Council since 2007. He was the Vice President of ICAB in the years 2008, 2010 and 2011. He has been serving the ICAB for its different standing and non-standing Committees for many years. He is also a Director of Telephone Shilpa Sangstha Ltd.