Managing Director
Additional Managing Director
Deputy Managing Director
Managing Director
Mr. Syed Waseque Md Ali has been appointed as the Managing Director of First Security Islami Bank PLC. in March 2015 and performing his prestigious role. Prior to this, he was contributing as Managing Director (Current Charge) of the Bank. Mr. Ali, a seasoned banker with more than 37 years of extensive and versatile banking experiences on diversified, welfare and next generation banking business, began his banking career as an Officer with IFIC Bank Ltd. and performed there till 1996. Afterwards, he served Dutch-Bangla Bank Ltd. for about a decade till 2008. In the same year he joined First Security Islami Bank PLC. as Senior Executive Vice President and was promoted to Deputy Managing Director in October 2011. Mr. Ali has obtained his Bachelor Degree in commerce and accomplished the MBA.
During his rich and eventful Banking Career, Mr. Ali has attended numerous local and international banking workshops concentrates on product marketing, deposit mobilization, credit portfolio management, leadership, foreign trade, rules and guidelines of foreign trade organized by Bangladesh Institute of Bank Management (BIBM), various trade chambers, international banks, regulatory bodies etc. of which below are highly regarded.
Additional Managing Director
Mr. Abdul Aziz has been promoted Additional Managing Director of First Security Islami Bank PLC. Prior to the promotion, he was Deputy Managing Director of the Bank. Mr. Aziz obtained B.Sc (Honors) and M.Sc degree from University of Dhaka.
Mr. Abdul Aziz joined First Security Islami Bank PLC. as Senior Assistant Vice President (SAVP) in 1999. He started his Banking Career at National Bank Ltd. in 1983. He has a long track of nearly 35 years banking experience. Mr. Abdul Aziz served the bank at various capacities including as Head of Human Resources Division, Head Office & Manager at different braches like Dilkusha Branch, Dhanmondi Branch of First Security Islami Bank PLC. in his wide banking career. He attended at many workshops, trainings and seminars at home and abroad extensively.
Additional Managing Director
Mr. Md. Mustafa Khair has been promoted Additional Managing Director of First Security Islami Bank PLC. Prior to the promotion, he was Deputy Managing Director of the Bank. Mr. Md. Mustafa Khair having a B.Com (Honours) in Finance and M.Com in Banking from University of Dhaka joined First Security Islami Bank PLC. as Senior Vice President (SVP) in 2006. He started his Banking Career at Bangladesh Shilpa Rin Sangstha (Presently Bangladesh Development Bank Limited) in March 1989. He also worked International Finance Investment and Commerce Bank Limited (IFIC Bank) in November 1989. Then he joined Dutch Bangla Bank Limited in March 1998 as Assistant Vice President. He has got nearly 26 years of banking experience and developed a wide range of expertise in banking. Mr. Md. Mustafa Khair served as Manager of Dhanmondi Branch, Banani Branch, Gulshan Branch and as the Head of Marketing & Development Division, Head Office of First Security Islami Bank PLC. in his wide banking Career.
During his elongated Banking Career, he has undergone various training and participated in seminars, workshops & symposiums on Banking and Finance both at home and abroad.
Deputy Managing Director
| SL No. | Name of Directors | Position in Committee |
|---|---|---|
1 |
Mr. Md. Abdul Quddus |
Chairman |
2 |
Mr. Mohammad Abdul Mannan |
Member |
3 |
Mr. Md. Azizur Rahman |
Member |
| SL No. | Name of Directors | Position in Committee |
|---|---|---|
1 |
Mr. Md. Raghib Ahsan FCA |
Chairman |
2 |
Mr. Md. Saiful Alam, PhD, FCMA |
Member |
| SL No. | Name of Directors | Position in Committee |
|---|---|---|
1 |
Mr. Md. Saiful Alam, PhD, FCMA |
Chairman |
2 |
Mr. Md. Abdul Quddus |
Member |
3 |
Mr. Md. Azizur Rahman |
Member |
FSIB is functioning with a highly professional management team headed by the Managing Director Mr. Syed Waseque Md. Ali. Among other senior executives, 02 AMDs, 02 DMDs, 01 Principal at Training Institute, 12 EVPs, 11 SVPs, 42 VPs, 40 SAVPs, 113 AVPs and 188 FAVPs are discharging their services for achieving organizational goals. Top management of the Bank is supported by highly qualified and dedicated human resources numbering around 4287 officials (as on 01-March, 2022) in different grades.
For the smooth functioning of the Bank, the following committees have been formed:
FSIB being a third generation progressive Islamic Shariah Based private commercial bank, it always emphasizes on the development of its manpower to provide quality services to its clients. It believes that the factors which help the banks to survive and differentiate it from other banks are closely interlinked with the quality of services and satisfaction of clients and these depend on the qualification of employees, efficiency & effectiveness of work. As our human resources give the organization a significant competitive edge, we continue our policy of recruiting the best professionals and implement programs to develop and retain high quality employees for facing challenges of 21st Century. The bank is making equal opportunity for new talents in its process of recruitment and selection. It is continuing its efforts towards the development of its manpower by providing required trainings, workshops, seminar etc. in home and abroad to make them well equipped to provide quality services to its customers. It arranges training and workshop in home and abroad for its top management to formulate and implement appropriate policies for the betterment of the Bank. It also arranges priority-based trainings and workshops to make its employees compliant to its regulatory body and helps its employees for career development.
Corporate governance is about how corporation is running its operations to achieve its corporate objectives. Bangladesh Bank (BB) gives emphasis on implementing corporate governance among the financial institutions and to do so, BB emphasizes implementation of the guidelines issued by them for improving corporate governance in banking sector. Good Corporate Governance practices enhance an entity’s corporate image and market credibility, which attracts capital and increases its borrowing power. These can be reflected in the quality of financial reporting and disclosures; strength of internal control system and internal audit function induction of professionally competent, independent non-executive Directors on corporate Board; formation of Audit Committee; delegation of authority to executives and staff; protection of corporate governance for strengthening organizational strength. With a view to ensure effective participation and deep interest in the affairs of the company and as per Bangladesh Bank BRPD Circular No: 11, dated 27.10.2013 the bank has set up the following 3 committees:
| Name | Position | Address |
|---|---|---|
| Mufti Sayeed Ahmad | Chairman |
Markaz-e- Eshaete Islam 2/2, Darus Salam Mirpur, Dhaka |
| Mohammad Muhibbullahil Baqee | Vice Chairman |
Khatib (current in charge) Baitul Mukarram National Mosque Dhaka |
| Moulana M. Shamaun Ali | Member Secretary |
10/F/A/1, Mirbag, Bara Moghbazar Dhaka-1217 |
| Professor Dr. Mohammad Gias Uddin Talukder | Member |
Department of Arabic University of Chittagong Chattogram |
| Moulana Abdus Shaheed Naseem | Member |
2/C Green Valley Apartment 493, Wireless Railgate Bara Moghbazar Dhaka-1217 |
| Mohammad Azharul Islam | Member |
Associate Professor Department of Law Manarat International University, Dhaka. |
| Dr. Md. Ruhul Amin Rabbani | Member |
Assistant Professor Department of lslamic Studies Manarat International University Dhaka |
| Professor Dr. Zubair Mohammad Ehsanul Hoque | Member |
Chairman Arabic Department, Dhaka University |
