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

Head of Business

Shahanur Rashid joined Alliance Finance PLC, a joint venture financial institution, as Head of Business in 2021 and has been at the forefront of excellent portfolio growth and completion of a few numbers of fund arrangement deals including securing fund from World Bank and raising fund through preference shares.

Prior to joining Alliance Finance, he served at NDB Capital, a subsidiary of NDB Investment Bank and NDB Bank, Sri Lanka, as Chief Operating Officer mainly to source and execute the transactions as well as supervising administrative and support functions of the company.

Shahanur also managed NDB Capital as Acting CEO during a transition phase and he further ensured the operation of NDB Capital ran smoothly without much delay in transaction execution during the covid 19 Pandemic. He was instrumental in the execution of some landmark financing transactions of BDT 20 billion for power and energy, economic zone, telecom, steels, automobile, textiles, and bonds for few commercial banks at NDB Capital.

Shahanur has over 15+ years of working experience in various capacities both operation and business in the renowned institutions such as City Bank, Brac Bank, ICB Islamic Bank, Ericsson Bangladesh and IIDFC. His area of expertise includes corporate banking, investment banking, stress assets management, risk management, internal audit, and financial administration. He also worked as an assistant company secretary at Brac Bank for a while to support the CFO and Company Secretary in managing the board affairs.

Shahanur gathered specialization in sourcing long term financing for infrastructure projects, balance sheet restructuring, syndication, fund raising through bonds, preference shares, commercial papers, and equity investments while working in structured finance and investment banking wing and successfully raised so far around BDT 50 billion for different clienteles.

Shahanur was involved in the core banking software migration & implementation at Brac Bank and ICB Islamic Bank. He was also involved in the support system integration implementation at Ericsson Bangladesh.

A Certified Expert in Risk Management (CERM) from Frankfurt School of Finance and Management GmbH, Germany, Shahanur did his Post Graduation in Business Administration from American International University Bangladesh and Advanced Certification in Business Administration, jointly offered by IBA, University of Dhaka and AMDISA. Shahanur also studied Chartered Accountancy at ICAB. He is a member of Institute of Public Accountants, Australia too.

MD. Shahidul Islam Mazumder

Head of IT

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.