Sandhani gets Asset Manager licence

Sandhani Asset Management Limited (SAML) has been awarded with the licence of Asset Manager from Bangladesh Securities and Exchange Commission under SEC (Mutual Fund) Rules, 2001.

Sandhani Asset Management Limited is a subsidiary of Sandhani Life Insurance Company Limited. Sandhani Life Insurance Company Limited is a reputed listed company of Dhaka Stock Exchange and Chittagong Stock Exchange, said a press release.

Other two capital market related companies of Sandhani group are Sandhani Life Finance Limited (Merchant Bank) and Mona Financial Consultancy & Securities Limited (Brokerage House). Through awarding of the asset management license, Sandhani Group has got the opportunity to further expand its business in the area of capital market.

The company has already employed highly qualified and experienced professionals to run its operation. Mir Ariful Islam has joined Sandhani Asset Management Limited as the Managing Director (MD) and Chief Executive Officer (CEO). Prior to that, he was the Head of Research and Fund Management of Prime Finance Asset Management Limited. Mir Ariful Islam has more than 13 years’ of experience in the capital market. He has hands-on experience in brokerage operation, portfolio management, research and analysis, and operations of asset management company.

He participated in many trainings and workshops at home and abroad to enhance his professional skills. He possesses a Bachelor’s degree in Finance and a Master’s degree in Accounting and Information Systems from Dhaka University. He is an Associate Member of the Institute of Chartered Secretaries of Bangladesh.

Sandhani Asset Management Limited is poised to take off with its unwavering commitment towards investing people and the capital market as a whole.