ICAB elects Mahmudul Hasan Khusru as new President

Mahmudul Hasan Khusru FCA has been elected the new President of The Institute of Chartered Accountants of Bangladesh (ICAB) while Sidhartha Barua FCA, Md. Abdul Kader Joaddar FCA and Maria Howlader FCA have been elected Vice Presidents of the Institute for the year -2021. 

Presided over by the current ICAB President Muhammad Farooq FCA, the new office bearers of ICAB were elected by the members of the Council on Tuesday. 

The new president will take over the charge of President of ICAB on 1 January 2021.

Mahmudul Hasan Khusru FCA is a Director and Chief Executive Officer (CEO) of Expo Group and DataFort Limited.

He acquired degree on Innovation and Strategy from the Harvard University, USA. Presently, he is pursuing PhD on 'Information Technologies for public sector reporting in Bangladesh'. 

He is also involved in advocacy role on various laws and policy formation process of Government including preparing of various research papers, study materials.

Sidhartha Barua FCA, became an Associate Member of ICAB in 1995 and a Fellow Member in 2000 of the Institute. He obtained M.Com degree in Accounting from Chittagong University. He served the Meghna Petroleum Ltd. from 1987 to 2001 in different capacities.

Currently, he is the partner of M. A. Mallik & Co., Chartered Accountants, Chittagong, and Council Member of ICAB for the term 2019-2021. He is the Vice President (Education and Examinations) of ICAB for the year 2020. He is also the Chairman of Committee for Small and Medium Practitioners, and the Co-chairman of Board of Studies of the Council –ICAB for the year 2020. He has also been rendering services to the ICAB as member of different standing and non-standing committees.

Barua was the Chairman ICAB- CRC in the year 2004 and the Executive Member of ICAB-CRC during 2004-2006.

He is a permanent Member & Convener of Finance Committee- Chittagong Club Limited, President and Trustee- Bangladesh Buddhist Foundation & Trustee Prantic Welfare Trust, Life Member of Diabetic Association of Bangladesh. He is also Council Member & ex- finance secretary of Bangladesh Bouddah Kristi Prochar Sangha, Dhaka.

Md. Abdul Kader Joaddar, FCA became an Associate Member of the Institute of Chartered Accountants of Bangladesh (ICAB) in 2001 and a Fellow Member in 2019. He obtained Bachelor of Commerce (Honours) and Master of Commerce degrees in Accounting from the University of Dhaka.

Joaddar is working as the Managing Director and Chief Financial Officer of Standard Chartered Bank, Bangladesh (SCB) since October 2018.

In his career spanning over 19 years, Joaddar acquired vast experience within Banking and Life Insurance industry in the areas of Finance, Performance Management, Financial Controls, Budgeting, Forecasting.

Liquidity, Balance Sheet & Capital Management, Corporate Tax Management, Payments. Prior to joining Standard Chartered, he was working as the Deputy Managing Director and CFO of BRAC Bank Limited in Bangladesh and has also served as the CFO of MetLife Bangladesh.

Joaddar had served SCB for 12 years (2003 to 2015) performing with distinction as Financial Controller of SCB UAE operation from 2006 to 2012. He had also performed the role of acting CFO for UAE and was engaged in Finance Transformation Program as the Global Process Manager for General Ledger and Accounting as well as Head of Client Analytics, Group Corporate and Institutional Clients Finance of SCB, based in Singapore. Prior to joining SCB in 2003, Mr. Joaddar has worked as the Manager, Assurance & Advisory Services, Rahman Rahman Huq, a member firm of KPMG in Bangladesh.

Joaddar is also a Council Member of ICAB for 2019-2021. He also chairs the Committee on Professional Accountants in Business, Co-chairs the Taxation & Corporate Laws Committee, and Committee on ICAB Management Reforms Project Development & Capacity Building 2019. He has also been serving the Institute as member of various standing and non-standing Committees.

Maria Howlader FCA, is the founder of Howlader Maria & Co., (HmAC) Chartered Accountants (Member Firm of TGS Global).

She has been serving Bangladesh Audit, Accounting and Advisory Practice since 2008. Before founding her own professional practice and consultancy work, she was the partner in A. Qasem & Co., Chartered Accountants and practiced there for many years. Earlier she worked for Hoda Vasi Chowdhury & Co., Chartered Accountants. She became an Associate Member of ICAB in 2008 and Fellow Member in 2013.

Maria is currently serving as a Council Member of ICAB for the term 2019-2021. She is the Chairman of Women Members Empowerment & Leadership Development Committee (WME & LDC) and  Chairman of the project 'Development of Audit Practice Software for CA Firms in Bangladesh' under Committee for Project Development and Capacity Building of ICAB. She is also the Vice Chairperson of Women Leadership Committee in South Asian Federation of Accountants (SAFA).  She has been working for different Standing and Non-Standing Committees of ICAB for many years. She had been one of the faculties of ICAB since 2009 to 2018.