Chowdhury Nafeez Sarafat
Chowdhury Nafeez Sarafat is a Bangladeshi businessman connected to the Awami League government.[1][2] Sarafat is the founder chairman of the board of trustees of Canadian University of Bangladesh.[3][4] He is the chairman of Padma Bank Limited.[5]
Early life
Sarafat is from Gopalganj District.[1]
Career
Sarafat is the founding chairman of Canadian University of Bangladesh.[6] The university awards Sarafat Chowdhury Merit Scholarship.[7]
Sarafat received his Doctorate in Business Administration from Commonwealth University-London on 15 December 2016.[8] The online university is not credited and the degree not recognized.[9][10] In January 2018, Sarafat was appointed chairman of Farmers Bank Limited, later renamed to Padma Bank, after its chairman Muhiuddin Khan Alamgir resigned over allegations of embezzling from the bank.[11]
In 2021, Sarafat and Muhiuddin Khan Alamgir accused each other of being corrupt.[12] Alamgir, who is a shareholder of Padma Bank,[13] asked Bangladesh Bank to investigate a loan of a billion taka to Strategic Equity Management allegedly owned by Sarafat.[12] In October 2021, Benoit Prefontaine, Canadian High Commissioner to Bangladesh, laid the foundation stone for the permanent campus of Canadian University of Bangladesh in Purbachal in a ceremony presided by Sarafat.[14] The plot, initially earmarked for a school, for the university had been allocated in violation of government rules by RAJUK.[15] Mohammad A. Arafat is chief adviser to the board of trustees.[15][16]
In 2022, Sarafat became a director of the National Tea Company Limited.[17] He is a member of the executive committee of Bangladesh Association of Banks.[18] He is a major shareholder of RACE Asset Management.[1] He is the Managing Director of Unique Meghnaghat Power Limited, a subsidiary of Unique group.[19][20] Ahmed Kabir Kishore was arrested under Digital Security Act for drawing cartoons critical of the government including one where he portrayed Sarafat as a bank embezzler.[21] He is the Head of Consumer Banking of ICB Islamic Bank Limited.[22]
Sarafat owns RACE Portfolio and Issue Management which was one of the issue manager in the aborted attempt to list Best Holdings Limited whose permission was denied by Bangladesh Bank.[23] Another issue manager, the government owned ICB Capital Management, denied any involvement with the company.[24] He is a director of Unique Hotel and Resorts Limited, which owns Westin Dhaka.[25] He and his wife are directors of Race Financial Management Inc. and Can-Ban Chambers House, based in Canada.[26][27]
Personal life
Sarafat is married to Anjuman Ara Shahid.[28] She served as the chairman of Strategic Finance and Investment Limited and later director of Southeast Bank.[28][29] She is the Vice-Chairman of Canadian University of Bangladesh.[28] She owns shares of Padma Bank.[28] Their request to make their son, Chowdhury Rahib Sarafat, a director of Southeast Bank was denied by Bangladesh Bank as he was under 20.[28]
References
- "A deal undone". Netra News — নেত্র নিউজ. 2020-02-20. Retrieved 2022-10-05.
- Bashar, Reazul. "Best Holdings episode gets murkier as ICB says it's not part of the game". bdnews24.com. Retrieved 2022-10-05.
- "Nafeez Sarafat graced the IBA- EMBA Orientation as the Chief Guest". Barta24. Retrieved 2022-10-05.
- "Dr Chowdhury Nafeez Sarafat hands over a crest to Corinne Petrisor | Daily Sun |". daily sun. Retrieved 2022-10-05.
- "Padma Bank's board meeting held". The Business Standard. 2019-12-15. Retrieved 2022-10-05.
- "Canadian University of Bangladesh congratulates 'Diana Award' winner Anusha Chowdhury". www.dhakatribune.com. 2022-07-03. Retrieved 2022-10-05.
- ""Sarafat Chowdhury Merit Scholarship" Awarding Ceremony at Canadian University of Bangladesh – Today's World News 24". Retrieved 2022-10-05.
- "Chowdhury Nafeez Sarafat conferred Doctoral Degree". The New Nation. Retrieved 2022-10-05.
- "Columbia Commonwealth University | Higher Education Degree Datacheck". hedd.ac.uk. Retrieved 2022-10-05.
- "Columbia Commonwealth University-London | University Directory". www.university-directory.eu. Retrieved 2022-10-05.
- "Sarafat selected as Farmers Bank chairman". The Daily Star. 2018-01-15. Retrieved 2022-10-05.
- "MK Alamgir-Nafeez Sarafat raise allegations of graft against each other". Dhaka Tribune. 2021-03-09. Retrieved 2022-10-05.
- Uddin, AKM Zamir (2018-12-24). "Farmers Bank to take new name amid image crisis". The Daily Star. Retrieved 2022-10-05.
- "Canadian Ambassador lays foundation stone of CUB's permanent campus". The Business Standard. 2021-10-25. Retrieved 2022-10-05.
- Masum, Obaidur. "Canadian University gets Rajuk's Purbachal plot 'in breach of rules'". bdnews24.com. Retrieved 2022-10-05.
- "Canadian University of Bangladesh protests report, bdnews24.com responds". bdnews24.com. Retrieved 2022-10-05.
- "Padma Bank chair Nafeez enters into NTC board". New Age | The Most Popular Outspoken English Daily in Bangladesh. Retrieved 2022-10-05.
- "Executive Committee". www.bab-bd.com. Retrieved 2022-10-05.
- "Board of Directors – UMPL". Retrieved 2022-10-05.
- "Unique group to install 584 MW pp in Meghnaghat". Energy Bangla. 2019-07-24. Retrieved 2022-10-05.
- Feinstein, Anthony (2021-10-05). "Despite detention and torture, Bangladeshi cartoonist Kishore continues to use his art to speak truth to power". The Globe and Mail. Retrieved 2022-10-05.
- "Icb Islamic Bank Limited || Bangladesh". www.icbislamic-bd.com. Retrieved 2022-10-05.
- "Bangladesh orders four state banks to explain investments in Best Holdings". bdnews24.com. Retrieved 2022-10-05.
- Bashar, Reazul. "Market analysts question Best Holdings asset value". bdnews24.com. Retrieved 2022-10-05.
- "Westin Dhaka owners, officials' links to Papia will be investigated, RAB says". bdnews24.com. Retrieved 2022-10-05.
- "Race Financial Management Inc. · 777 Warden Avenue # 209, Toronto, ON M1L 4C3". opengovca.com. Retrieved 2023-01-22.
- "Anjuman Ara Shahid · 259 Sylvan Avenue, Toronto, ON M1E 1A7". opengovca.com. Retrieved 2023-01-22.
- "Chowdhury Nafeez Sarafat's wife becomes director of Southeast Bank". Business Insider Bangladesh. Retrieved 2022-10-04.
- Uddin, AKM Zamir (2020-01-14). "BB's baffling move". The Daily Star. Retrieved 2022-10-05.