Kanti Kumar Saha

Chief Executive Officer

Kanti Kumar Saha was appointed as the Chief Executive Officer (CEO) of Alliance Finance PLC (former Lankan Alliance Finance Ltd) in August 2020.

A distinguished banking professional with a Bachelor’s and Master’s in Economics from University of Dhaka, Bangladesh and Master’s in Management from Nottingham Trent University, UK, Kanti worked over 32 years in the banking industry in different capacities. His career started as a Probationary Officer at AB Bank in 1991, followed by different roles at Standard Chartered Bank and Citibank N. A. where he excelled in institutional and corporate banking. As a recognition, he won the Chairman’s award at Standard Chartered Bank for significant revenue contribution for the network offices worldwide. He was instrumental in launching and expanding offshore banking business in Citibank and completed a few numbers of remarkable transactions including micro credit receivables securitization, advisory for initial public offering and acquisition, fund raising through Bonds, syndication, etc in the capacity of Director and Head of Global Corporate Banking. He supervised the asset migration process while Standard Chartered Bank acquired Grindlays Bank. After joining as Deputy Managing Director and Chief Business Officer at Prime Bank, he drove exceptional profit growth in the local and offshore business and streamlined the operations of the bank. Prior to joining Alliance Finance PLC, he was the Managing Director of NDB Capital, an investment banking arm of NDB Bank of Sri Lanka, and earned laurels for few innovative transactions and won the Best Investment Bank award for three years by Euromoney and Finance Asia for few bond and preference shares transactions for innovative structuring.

Now as the CEO of Alliance Finance PLC, Kanti’s visionary strategies emphasize digital transformation and customer-centric solutions, making a significant impact in the financial sector as well as sustainable, green and infrastructure financing.

Kanti is currently Vice Chairman of Bangladesh Leasing and Finance Companies Association (BLFCA) representing the CEOs of the non-bank finance companies.  

Shahanur Rashid

Chief Business Officer

Shahanur Rashid leads the Business division of Alliance Finance PLC - overseeing Corporate, SME, Retail and Structured Finance solutions. He brings sharp strategic insight into the role, built on more than 22 years of experience across Corporate, Structured Finance, Recovery, Financial controlling, Internal Audit and Merchant Banking, where he strengthened enterprise-wide risk governance and improved capital efficiency.

He began his career at BRAC Bank and has since held managerial positions at BRAC Bank, City Bank, Ericsson Bangladesh, IIDFC and NDB Capital. Before joining Alliance Finance, he served as Acting CEO and COO of NDB Capital, a subsidiary of NDB Bank, Sri Lanka.

Shahanur has been instrumental in executing landmark financing transactions, acting as arranger for a total of BDT 55 billion across power and energy, economic zones, telecom, steel, automobile and textiles, as well as bond issuances for several commercial banks while working in Structured Finance. His specializations include arrangement of long-term financing, balance sheet restructuring, syndication, and fund raising through bonds, preference shares, commercial papers and equity investments.

At Alliance Finance, he has spearheaded several strategic initiatives, including advancing the company's Sustainable and Green Finance agenda.

Shahanur is a Certified Management Accountant (CMA) from the Institute of Certified Management Accountants, ANZ, and a Certified Expert in Risk Management (CERM) from the Frankfurt School of Finance and Management, Germany. He also holds a Diploma in ESG and Sustainability Reporting & Assurance from the ESG Institute Bangladesh, accredited by the Central Board of Education, Canada. Shahanur is an Associate Member of CPA Australia. He earned his MBA in Marketing from American International University-Bangladesh and he also studied CA, completed his articleship with Hoda Vasi Chowdhury & Co, where he gained extensive experience in public accounting and auditing.

MD. Shahidul Islam Mazumder

Chief Technology Officer

Mr. Shahidul Islam Mazumder joined Alliance PLC (Former Lankan Alliance Finance Limited) as the Head of IT in January 2021. Before 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 solutions in the capacity of Head of IT in a NBFI and successfully launched the service delivery platform safeguarding company assets maintaining standard safety and security. He was an active member of Y2K implementation project across the Middle East and South Asia region in Standard Chartered Bank. He has participated when Standard Chartered Bank launched the 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 projects 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 the Australian Computer Society (ACS).

Iqbal Ahmed

Head of ICC

Md Mushfiqur Rahman

Head of CRM

Md Mushfiqur Rahman joined Alliance Finance PLC (AFPLC) as Head of Credit Risk Management (CRM) on September 07, 2023. Prior joining AFPLC he served at Industrial and Infrastructure Development Finance Company Limited (IIDFC) as Head of CRM and also worked for National Finance Limited, ICB Islamic Bank Limited. He has more than 13 years of professional exposure in Financial Sector and experience in Relationship Management, Credit Risk Management, Credit Administration and Collection & Monitoring.

He has obtained B.A (Hons) in Business Management with Financial Services from University of Westminster, London, United Kingdom. He has also completed Certificate level of Chartered Institute of Management Accountant (CIMA) and attended numerous trainings/workshops/seminars on Credit Risk Management, Risk Management, Loan structuring, Corporate Finance, SME Finance, Islamic Banking, Product Development, etc.

Md. Sayful Islam

Head of SME

Mr. Sayful Islam is a prominent banker with both banking and non-banking financial institution’s experience of 20 years in diversified roles. He started his career with BRAC Bank in 2003. During his long 9 years with BRAC Bank, he worked in various capacities from operation to business. Prior to joining Union Capital Ltd, he worked as a Territory Manager & Asst. Vice President in the SME Division at BRAC Bank. Later, he joined Union Capital Ltd and worked for 5 years. Mr Islam joined Alliance Finance PLC in 2019 as Head of SME. He did his MBA from the University of Rajshahi. Mr. Islam received several professional trainings mostly on Leadership, Managerial skills, Credit Management, Loan Documentations, Consumer Credit, Operational Risk Management, Software Migration, Service for Sales Excellence etc at home and abroad.

Arif Abdut Towab

Company Secretary

Arif Abdut Towab, Fcs is the Company Secretary of Alliance Finance Plc. since 23^rd June 2024 who has more than 17-year of work experiences out of which he worked 13-year in Board and Secretarial department of bank, finance company, Investment Bank as well as stock brokerage company. Before working with Alliance Finance Plc., he worked for Aviva Finance Limited (former Reliance Finance Ltd.) and Aviva Equity Management Ltd. as Company Secretary from 2017 to 2024. He is a Fellow member of Institute of chartered Secretaries of Bangladesh (ICSB).

Mr. Arif started his career with LindeBd Ltd. (formally known as BOC Bangladesh Ltd.) in 2006 as an HR Intern. In 2007, he joined the largest commercial bank in Pakistan named HBL (Habib Bank Ltd.) as Management Trainee Officer (MTO). He also worked for The City Bank Limited as Branch Operations Manager, First Security Islami Capital & Investment Ltd., a subsidiary, and merchant bank of First Security Islami Bank Ltd., as Company Secretary & Head of Human Resources from 2011 to 2017.

He completed his BBA major in Management with Dean’s Merit List Award from University of Dhaka and did his MBA major in Finance from Brac University. He is an ITP as well as VAT Consultant from NBR and Customs Authority, also completed 1400 from ICMAB (Institute of Cost and Management Accountant in Bangladesh) and he is pursuing to become a Qualified Chartered Accountant from ICAB (Institute of Chartered Accountant in Bangladesh).