Kazi Farhan Zahir

Managing Director & CEO

Zahir has more than 16 years’ experience in Structured Finance, with an exemplary track record in successfully structuring and managing syndication deals for various infrastructure projects in energy, telecommunication, hospitality and emerging sectors. He has an exceptional understanding of various debt and equity products, and is adept in developing, maintaining, and reviewing spreadsheet-based financial models and preparation of Information Memorandum for syndications deals. Mr. Zahir obtained a Bachelor of Science in Electrical Engineering from Purdue University and a Master of Business Administration from North South University.

Selected Experience:

    • Northwest Power Generation Company Limited – BDT 10,000 M coupon Bearing Bond
    • Karnafuly Dry Dock Limited – USD 59.86 M under Investment Promotion and Financing Facility (IPFF)
    • City Economic Zone – BDT 3720 M
    • UCBL- BDT 7,000 M Subordinated debt
    • Warid Telecom International Limited BDT 3.00 billion term loan facility & BDT 1.68 billion working capital facility

Other Key Transactions

  • The City Bank Limited – BDT 3,000 M Subordinated debt
  • Standard bank – BDT 4,000 M Subordinated debt
  • Confidence Steel, Banglacat, ACI Limited – BDT 3500 Commercial Papers
  • Standard bank – BDT 4,000 M Subordinated debt
  • Kishorganj Economic Zone – BDT 1,100 M Islamic Financing
  • Sirajganj Economic Zone – BDT 3,300 M Term loan under IPFF



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Sajjad Hossain Chowdhury


Mr. Chowdhury is a passionate finance professional with 15 years in the financial service industry. He has worked in Banks, NBFIs and Digital Financial Services at various capacities. Though his experience he brings in the capacity of syndication arrangement, relationship management, digital financial portfolio management and Agency deals for the organization. Prior to joining NDB Capital, Mr. Chowdhury worked in the leading financial organizations of the country like IDLC Finance Limited, IPDC Finance Limited, HSBC Bangladesh, Sheba.xyz and The City Bank Limited under various roles. Under syndication arrangement, he has worked in deals related to Energy, Petrochemical, FMCG and other areas in collaboration with local and bilateral organizations. Currently he looks after the debt financing services of NDB Capital staring from arrangement, placement and agency functions. Academically he has completed his MBA from Accounting & Information System and BBA in Finance & Banking from University of Dhaka.

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Israt Jahan Anny

Senior Manager

Ms. Israt Jahan Anny has 11 years of experience in Financial Sector including various roles under Structured Finance Department and Credit Administration Department. She has experience in arrangement of large project finance, loan syndication and arrangement of Subordinated Bonds, Zero Coupon Bonds etc. in addition to this, she has in-depth knowledge in agency & trustee operations, documentation, disbursement, and post disbursement related operations.

Currently, Ms. Israt is working In NDB Capital Limited as Senior Manager since December 2021.

Prior to joining NDB Capital Limited, Israt worked in IDLC Finance Limited for almost 11 years in different fields of Structured Finance Department and Credit Administration Department.

She completed her MBA and BBA degrees, both with concentration in Finance, from the North South University.

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Fatima Begum

Senior Manager

Ms. Fatima had 12 years of working experience in different Banks and NBFI and now joined as head of sales for portfolio management and other businesses as well. Starting her career in investment banking division of IDLC, she moved to LankaBangla treasury department where she had the experience of portfolio management and investment. She also worked for LankaBangla Investment Limited (Merchant Bank subsidiary of LankaBangla). She joined Eastern Bank Limited in 2009, where she got the opportunity to go through all the process of starting a Merchant Bank as a subsidiary of a Bank and also looked after the investment portfolio of the Bank. While Eastern Bank successfully started their two subsidiary, EBL Investments Limited and EBL Securities Limited, then she worked for BracEPL Investment limited in 2012. In BracEPL she had the experience of best utilization of the fund of the company and the own portfolio investment of BracEPL. She additionally worked as the company secretary of Brac Impact Ventures Limited (one of the subsidiary of BracEPL investment Limited). Where she had the experience of company formation and Board Management of a company. Fatima had an intention to have the working experience both in backline and frontline of any financial institution. As she had the courage of taking challenges, after working almost 8 years in backline of different financial institutions she moved to Corporate Division of Prime Bank Limited, where got the opportunity of handling the largest portfolio of their corporate division.

Fatima completed her BBA, major in Finance and accounting.

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Ayesha Sabrina


A numbers and strategy enthusiast, Sabrina is currently engaged in the structured finance team of NDB. She closely works with banks, financial institutions and corporate houses to design and promote investment products suited to business cash cycle and to support balance sheet management. Her area of specialization is sourcing and executing long term bi-lateral or syndicated financing for corporate bodies in infrastructure space. Her portfolio has clientele footprint in telecommunication, automobiles, steel manufacturing, healthcare and financial services.

Prior to this, Sabrina has worked as a Corporate FX dealer promoting FX solutions to corporate bodies while actively looking for arbitrage opportunities in the interbank market with the dynamic Treasury Front Office team at BRAC Bank Limited. Joining the bank as a Management Trainee, Sabrina took part in several strategy initiatives of the bank and closely worked with Senior Management on board deck, digital strategy paper and operational efficiency initiatives among others.

Sabrina has completed her Masters and Undergraduate in Business Administration from IBA, University of Dhaka securing scholarships with her excellent academic results all the way. She also has multiple published papers including representation in international conferences.

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Asadullah Armaan

Assistant Manager

An Investment Professional with five years’ experience in the Buy Side, Armaan is currently working as the Head of Portfolio Management at NDB Capital Limited. Prior to Joining NDB Capital, he worked extensively in Equity Research and Investment Management at couple of leading asset management companies in the country, namely- Universal Financial Solutions Limited and Impress Capital Limited. As an Equity Research Analyst, Armaan has covered diverse sectors including- Pharmaceuticals, Telecommunications, Financials, Engineering and Construction Materials. Subsequently, he was assigned with Investment Management activities at UFS.

Armaan has passed CFA Level 1 and completed his Undergraduate in Business Administration with Dual Major in Accounting, Finance & Economics from North South University with full merit scholarship.

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Ishmamur Rahman Khan

Management Associate

Ishmam completed his undergraduate from The College of Wooster in May 2019 where he majored in Business Economics with a focus on Mathematics. During his time at Wooster, Ish was a trustee and treasurer of the Jenny Investment Club, a student managed stock & bond portfolio where he co-managed a $10.1mm portfolio.

Ishmam joined NDB Capital in September 2021. Prior to joining NDB Capital, he worked as a consultant for FalconPE, a management consultancy firm based out of Cleveland, Ohio focusing primarily on private equity transactions. During his time there he advised on deals worth USD210mm and authored white papers focusing on the effects of leveraged-buyouts on employment opportunities. Additionally, Ish interned under Dr. Muhammad Yunus at Yunus Centre and at Centre For Policy Dialogue (CPD), where he was credited with the publication of the 2018 Global Competitiveness Report for Bangladesh.

In his spare time, Ish loves to play tennis and travel. Additionally, Ish does pro-bono consulting for gross-roots initiatives and seed stage startups.

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Shabab Newaz Khan

Management Associate

Shabab completed his undergraduate in Business Administration in Finance from North South University (NSU) in January 2021. He was also awarded Magna cum Laude for his academic performance during his time at NSU. He has strong passion and interest in equity research, financial analysis, corporate finance and investment management.

Shabab joined NDB Capital on 6th September 2021. Prior to joining NDB Capital, he has worked as an intern at Southeast Bank Limited for 12 weeks. Currently, he assists the deal team in preparing documents and information memorandum.

He worked as an intern in the General Bank Department of the bank in the Dhanmondi Branch. Furthermore, he has also worked as a Freelance Content Writer at One Little Web from June 2021 to August 2021.

As part of his extra-curricular activities, Shabab participated in a  social project competition where 25 teams with 10 people in each have to compete to bring positive change to our community. Involved in critical activities such as setting project themes and objectives, fundraising, recruiting volunteers. He also conducted sessions and donated computers to various schools in Dhaka to promote and communicate the significance of being technologically adept. His team won the Best Project Award in the competition for their contribution to the society.

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