Board of Directors

Mr. Shameran Abed
Chairman
Mr. Shameran Abed Chairman

Shameran Abed is part of the senior management of BRAC\s Microfinance Programme in Bangladesh, which accounts for a major portion of Bangladesh\s over $3 billion and 22 million borrower microfinance industry. In addition to managing a part of field operations, he works on product development and delinquency management issues. Prior to joining BRAC, Shameran worked as an editorial writer at one of Bangladesh\s main English daily newspapers where he wrote primarily on politics. He has an undergraduate degree in Economics from Hamilton College in New York, and qualified as a lawyer and was called to the Bar of England and Wales from the Honourable Society of Lincoln\s Inn in 2006.

Ryan Gilbert
Director
Ryan Gilbert Director

Ryan Gilbert is co-founder and CEO of Better Finance, providing innovative financial solutions to small businesses through partnerships with retailers and financial institutions.

His 20 years of payments and start-up experience include executive and strategic development roles at VC firm Venrock, Real Estate Payments Company, PropertyBridge (acquired by MoneyGram), Wells Fargo Bank and Andersen Consulting.

He is a director of River City Bank, and an investor in payment companies including Eventbrite and Square.

Ryan is a member of the State Bar of California and YPO. Ryan holds a B.Com and LLB degrees from the University of the Witwatersrand, Johannesburg. 

Andi Dervishi
Director
Andi Dervishi Director

Andi Dervishi leads Fintech investments at International Finance Corporation (IFC).  An entrepreneur at heart, he loves helping management build companies that last.  He started investing in his native country Albania in real estate, financial services, retail, manufacturing and construction materials.  While with IFC he has been investing around the world in IT service companies in over 20 countries and for the past 6 years, he has focused exclusively on Fintech where he and his team have built for IFC the largest Fintech dedicated portfolio in emerging markets with assets in China, Vietnam, India, South Africa, Nigeria, Egypt, Mexico, Argentina, Colombia, US, UK and other markets.  Andi is an ardent student of money and takes long term views on the future of financial infrastructure, retail banking, lending and eventually money itself.  He has a BS Summa Cum Laude in English from University of Tirana and an MBA from Emory University in the USA. 

Mr. Nicholas Hughes
Director
Mr. Nicholas Hughes Director

Nicholas Hughes is the Managing Director of Signal Point Partners, established in 2009 to focus on mobile commerce opportunities in emerging markets. Hughes was previously Head of Mobile Payments at Vodafone, where he founded the payment service M-PESA. In Kenya, M-PESA has attracted more than 13 million subscribers since its launch in 2007.

In 2010 Hughes was a winner of The Economist\s innovation Award for Social & Economic Impact. He holds a PhD In Applied Science (1992) and an MBA with distinction from London Business School (2001).

Mr. Arun Gore
Director
Mr. Arun Gore Director

Arun Gore as the President and CEO of Gray Ghost Ventures is responsible for portfolio management and day-to-day operations of the management company Gray Ghost Management & Operations. He also serves as a board member of a number of the Portfolio Companies. Arun understands the markets, challenges and opportunities associated with investing in early-stage businesses and bring an informed perspective and practical experience to the bKash Management.

Arun has an extensive background in mobile telecommunications, international supply chain and financial consulting. His 35+ years of experience in the United States, Asia, Africa and the Middle East, includes serving as a member of the executive team at T-Mobile USA as the Chief Financial Officer of Cook Inlet T-Mobile and has been valuable in underwriting international investment opportunities and working with the entrepreneurs of portfolio companies. His role, as a part of the senior management team at T-Mobile, included market & sales operations, managing joint ventures, M&A and fund raising.  Arun also brings a wealth of entrepreneurial experience as the prior owner and manager of SAI, an international supply company for oilfield and energy supplies with operations in 13 countries and Atex Oil Company, a wholesale and retail oil refining and distribution business where he was responsible for the finance, inventory, asset protection and fleet management. His prior work also included international M&A, auditing and taxes.

Since 2006, Arun has been actively engaged in promoting and supporting impact investments for Gary Ghost. In 2008, he moved to Atlanta to take over the management of the impact investment funds and subsequently, the management of the entire Gray Ghost operations. He completed his undergraduate studies in India and holds dual degrees: a BSC in the Sciences and a BS in Accounting. He completed post-graduate studies in the United States and holds an MBA in Finance.

Mr. Iqbal Quadir
Director
Mr. Iqbal Quadir Director



Iqbal Z. Quadir is the founder and director of the Legatum Center for Development and Entrepreneurship at the Massachusetts Institute of Technology (MIT), which promotes bottom-up entrepreneurship in developing countries.

Quadir is often credited as having been the earliest observer of the potential for mobile phones to transform low-income countries. His work has been recognized by leaders and organizations worldwide as a new and successful approach to sustainable poverty alleviation.

Quadir spent most of the 1990s founding and building GrameenPhone Ltd., which has now become Bangladesh\s largest telephone company. In 1994, he formally launched this effort by convincing angel investors to establish a New York-based company, Gonofone Development Corp (meaning "phones for the masses") to help him organize what subsequently became known as GrameenPhone. The World Economic Forum, based in Geneva, Switzerland, selected him as a "Global Leader for Tomorrow."

Earlier in his career, Quadir served as a vice president of Atrium Capital Corp., an associate of Security Pacific Merchant Bank, both in New York, and a consultant to the World Bank in Washington DC. He received an MBA and an MA from the Wharton School, University of Pennsylvania, and a BS with honors from Swarthmore College.

Nihad Kabir
Director
Nihad Kabir Director

Nihad Kabir joined the Board of bKash Limited in 2013. She is the Senior Partner of Syed Ishtiaq Ahmad and Associates. She is a Director of Kedarpur Tea Company Limited, Sathgao Tea Estate and Shaistaganj CNG Company Ltd.

Nihad Kabir is an advocate of the Supreme Court of Bangladesh and the Treasurer of Ain O Salish Kendra. She is the Legal Adviser of Centre for Policy Dialogue (CPD) and Committee Member of the Metropolitan Chamber of Commerce and Industry, as well as Chair to its Commercial Legislation Sub-Committee. She is a member of the Asian Roundtable on Corporate Governance. She has been a member of the Company Law Reform Committee and the WTO working group on TRIPS and TBT, Government of Bangladesh. Nihad was the first legal counsel of the Securities and Exchange Commission and has worked as counsel at the Asian Development Bank, and is currently a member of the National Education Policy Committee. She has more than 18 years of work experience as a lawyer.

Nihad Kabir was called to the Bar from Grays Inn in England. She has a B.A. (Hons) degree in Law and an LLM from the University of Cambridge, England.

Mr. Kazi Mahmood Sattar
Director
Mr. Kazi Mahmood Sattar Director

Mr. Kazi Mahmood Sattar was appointed as an independent Director to the Board of BRAC Bank Limited in October 2015. 

Mr. Sattar has over 32 years of illustrious career in local and international banks. He has led The City Bank Limited and Eastern Bank Limited as the Managing Director & CEO in the last thirteen years. He is currently the Chairman of the Board of RSA Advisory Limited, an Asset Management Company and Partner of RSA Capital, a boutique Investment Bank. He started his career with ANZ Grindlays Bank as Management Trainee in 1981. He worked overseas with ANZ Grindlays Bank in Mumbai, India and Melbourne, Australia. 

Mr. Sattar graduated in 1981 from Dhaka University with a Bachelors in Business Management (Honors) having a major in Finance. He was the Chairman of Association of Banker’s Bangladesh, the SWIFT User group in Bangladesh, the Board of City Brokerage Limited and City Bank Capital Resource Limited. 

He was awarded The Best Leadership Award by Asian Banker in 2010.

Mr. Selim R. F. Hussain
Director
Mr. Selim R. F. Hussain Director

Mr. Selim R. F. Hussain joined BRAC Bank Limited as the Managing Director & CEO on November 8, 2015. Mr. Hussain is a career banker and an immediate past CEO & Managing Director of IDLC Finance Limited who is widely recognized and highly acclaimed across the financial sector for being the architect of IDLC Finance’s meteoric rise over the past six years. He was also the Chairman of the Board of Directors from 2010 to 2012 of IDLC Finance’s two subsidiaries – IDLC Investments Limited and IDLC Securities Limited. 

Mr. Hussain has an Honors degree in Accounting from Dhaka University and an MBA (Major in Finance) from the Institute of Business Administration, Dhaka University.

He worked in various roles with the two largest multi-national banks in Bangladesh, ANZ Grindlays Bank and Standard Chartered Bank, for twenty four years, before moving to the IDLC Group in 2010. He has resided and worked in India and Australia for a significant period of his career. Prior to taking over the helm at IDLC Finance Limited, he was the Head of Finance & Strategy for Standard Chartered Bank\s Consumer Banking Division in Mumbai, India. Mr. Hussain was also the CFO of Standard Chartered Bank, Bangladesh, from 2002 to 2007. Mr. Hussain was also a Director at the Credit Rating Agency of Bangladesh (CRAB) and the Vice Chairman of the Bangladesh Leasing & Finance Co Association (BLFCA) since 2012.