Youngest Chairman in Banking Industry Mr. Mohammad Lutfar Rahman has been leading IFIC Bank successfully for the last three years. On his own initiatives, the activities of branches of IFIC in Nepal and Pakistan expedited, which was joint-ventured with local financial institutes beside opening new branches in abroad which is under process. He diversified business of bank for adding additional revenue earning through providing financial and logistic support to the investors at share markets in Bangladesh. He has been taken lots of initiative to increase income of the bank through providing qualitative customer service. Real-time Online Banking and decentralized management system were among his key initiatives.
IFIC, a first generation semi-government bank, earned reputation of quality service among the customers which is unparalleled during the period of implementing Corporate Governance for practicing disciplined and controlled banking activities under direct supervision of Bangladesh Central Bank. Modern banking system is being implemented in all branches which is up to the mark and comparable with multinational banks in Bangladesh.
Honorable Shareholders and shareholders' representative Board of Directors keep confidence on Mr. Mohammad Lutfar Rahman for expediting further development of the bank and bringing the bank at the top position in the banking industry and elected him for the next tenure as the Chairman of Board of Directors of IFIC Bank on the 527th Emergency Meeting of Board of Directors held on 28th October 2009.
Mr. Mohammad Lutfar Rahman has been maintaining disciplined life from his childhood. He was awarded President Scout. He entered in business world as a successor of his family business after completion of graduation from Dhaka University. He is a renowned business personal and successful investor at the corporate business society in Bangladesh. Mr. Mohammad Lutfar Rahman invested in the fields of banking, capital market, insurance, health, industry, agriculture, tourism and mass publication in Bangladesh. He is also involved in the social activities. He is the
Managing Director of Dhaka Shanghai Ceramics Ltd. a joint-ventured industry with Chinese investment. Also he is one of the founder directors of NTV (International Television Ltd.) and RTV (National Television Ltd.). As an investor and industrialist, he played pro-active role for economic development and employment for the highly populated Bangladesh. He earned KANCHI AWARD as a successful young businessman and investor in South Asia. Also various local social bodies and association awarded him for his extraordinary business activities and social responsibilities.
Mr. Mohammad Lutfar Rahman is the managing director of Latif Securities Limited, a corporate member of DSEC and CSEC. He is an executive member of Bangladesh Association of Banks, general member of FBCCI and formal member of Dhaka Chamber and Commerce.
Beside the business world, Mr. Mohammad Lutfar Rahman is actively involved in sports as an organizer. He is a vice-president of National Shooting Federation and honorable member of executive committee and president of club cricket committee in Dhaka Mohamedan Sporting Club. Under his leadership, Dhaka Mohamedan Sporting Club is performing better result in national tournaments.