Ajith Fernando | FCMA, MA
Director/Chairman, CAL Securities Ltd.
With over 30 years of experience in the financial market, Ajith has worked with most premier banks and financial institutions in Sri Lanka; consequently, putting an arsenal of industrial skills, and professional networks at his disposal. Ajith holds an MA in Financial Economics from the University of Colombo and a Bachelor’s degree from the University of Moratuwa, Faculty of Engineering. Ajith is also a long standing Fellow of the Chartered Institute of Management Accountants.
Raihan Shamsi
Director, CAL Securities Ltd.
Raihan Shamsi is the Chairman & CEO of DevoTech Technology Park Ltd. He was the former CEO of Accenture Bangladesh also worked as Managing Director of Communication- Media-Technology in ASEAN Region of Accenture till 2018. Having worked at multiple global companies over 22 years, Raihan chose to venture into ICT Entrepreneurship, Impact Investment and Strategic Advisory in pursuit of some meaningful impact in Bangladesh. Raihan earlier Co-Founded Maslin Capital, a VC firm and Asset Management Company licensed by SEC to propel the funding of Start-up eco-system in the country.
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He is an Independent Director of BracNet – an internet company- joint venture amongst BRAC, Bangladesh (the largest NGO of the world) , KDDI (one of the top telecom operators of Japan) and Defta Partners (a Silicon Valley based Impact VC firm). Raihan is also Chairman / Director to Board of Sheba Platform Ltd – one of the largest digital platforms for services and SMEs, HealthCare Information Systems Ltd, a Digital Healthcare platform and ciTech Innovations Ltd, a digital education platform. A Chartered Accountant by profession, Raihan earlier was the Deputy CEO & CFO of Grameenphone when he led the largest IPO of the country in 2009 and steered USD 350 million in international funding in 2011. Prior to his work in ICT industry, Raihan worked for Unilever, Shell and KPMG.
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Salahuddin Ahmed
Director, CAL Securities Ltd. & Vice Chairman, CAL Investments Ltd.
Mr. Ahmed is the Chairman of M&J Group, a local associate company, has an excellent business background and is highly reputed for his hard work and dynamism. He has started his entrepreneur journey in 1989 with Columbia Garments Limited with a vision to be the leading supplier in global fashion business by offering best expertise and knowledge in producing Readymade Garments with sustainable growth.
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In less than two decades, he guided the organization to emerge as a business conglomerate in Bangladesh with three big garments industries and two industrial laundries known for these state-of-the-art production facilities and some of them are LEED Platinum Certified by U.S. Green Building Council, USA. He did his graduation under the University of Dhaka. Upon completion of graduation he joined his father’s business a very old company Northern Flour Mills Limited established in 1965 by Late Mofizuddin Talukder, ex-Industrialist and ex-Member of Parliament. Mr. Ahmed also co-founded Betaone Investments Limited, a full-fledged merchant bank licensed by BSEC and is a director therein.
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Munir Ahmed
Director, CAL Securities Ltd.
Munir Ahmed, Director of M&J Group, a local associate company, has an excellent business background and is highly reputed for his hard work and dynamism. He has started his entrepreneur journey in 1996 with Genesis Fashions Limited with a vision to be the leading supplier in global fashion business by offering best expertise and knowledge in producing Readymade Garments with sustainable growth. He is now leading three big garments house and two washing plants known for these state-of-the-art production facilities and some of them are LEED Platinum Certified by U.S. Green Building Council, USA. With this establishment he plays a significant role to minimize unemployment problem of the country and in contributing to the national GDP.
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He completed his graduation from the State University of New York, Buffalo, USA, in 1995. Upon completion of degree he joined in M&J Group and then he set up a modern ecofriendly washing plant in 2006.
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Deshan Pushparajah | CFA, FCCA, FCMA
Director, CAL Securities Ltd.
Deshan is an expert at public and private capital markets, possessing over 15 years of experience in both buy-side and sell-side M&A and enjoys the trust of an established network of clients in the local and international capital markets. He has been with the group since 2007 and has overseen the team through the changing post-conflict economic realities and has been instrumental in CAL emerging as a market leader in Equity capital markets and a considerable force in Debt capital markets.
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Deshan is a CFA charterholder (USA) and also holds a bachelor’s degree in Applied Accounting from Oxford Brookes University (UK). He is also a Fellow Member of the Association of Chartered Certified Accountants, UK and a Fellow of the Chartered Institute of Management, UK.
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Mr. Zulfiquar Rahman
Chairman, CAL Investments Ltd.
Mr. Zulfiquar Rahman is the incumbent chairman of the Board of Directors of CAL Investments Limited. He joined CAL Investments Limited Board on 8th June 2011 and started to act as the Chairman in 24th November 2015. Mr. Rahman is also the chairman of F-Z Technologies Ltd, SM Communication, and Securex Pvt Ltd. In addition, he is currently acting as the Managing Director of Greenland Garments Ltd., Inspection Services Ltd., Inspection & Superintendence Co. Ltd., and Technical Superintendence Co. Ltd. He is also the proprietor of Five-R Associates.
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Mr. Rahman completed his graduation and masters from the University of Dhaka. He joined Dhaka University as a lecturer of Economics in 1974 and continued in this profession till 1976. Thereafter, in 1976, he started exploring business in Trading, Services, and Manufacturing. Previously, Mr. Rahman served as a consultant for Bilateral and Multilateral Donor funded consultancy projects as a specialist in Economics.
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Mr. Mohammad Mohsiul Islam
Director, CAL Investments Ltd.
Mr. Mohammad Mohsiul Islam joined CAL Investments Limited as a director on 2nd September 2013. Mr. Islam has long experience in different industries. In 2008, he started his career as an entrepreneur by establishing Pramanya Communications Solutions Ltd. He is also involved in businesses related to design, technology and the printing industry.
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Mr. Islam is the Managing Director of Pramanya Communications Solutions Ltd. and a Stakeholder of Chhapaghar Printing Press Limited and MAPS Design Limited. He completed BSc. Engineering (Civil) from Bangladesh University of Engineering and Technology (BUET).
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