Board of Directors

The Millennium Board comprises of highly experienced individuals who have been directly involved in the Banking and Infomation Technology sectors for decades. With their expertise, especially in Islamic Shariah principles, Ababil has achieved the distinction of being amongest the top 10 Islamic Banking solutions in the world. Read on below to know more about our directors, the team behind Millennium`s successful journey.

Mr. Niaz Ahmed Chairman

Mr. Niaz Ahmed was born in 1963. He completed his MCom in accounting and also earned the Bachelor degree in Law. He joined AIBL in 2010 and worked with different committees of the Board.

He is actively associated with Golden Oil Mills Limited, Savoy Ice Cream Factory Ltd., AIBL Capital Market Services Limited, Islami Commercial Insurance Co. Limited, South East University, Bangla Tel Limited, BD Link Communication Limited, Jibondhara Solution Limited, Golden Trading Corporation and Khaja Corporation in different capacities.

Mr. Badiur Rahman Director

Mr. Rahman was born on 10th March of 1953. After graduation in 1971 he has completed Chartered Accountancy courses. He started his career with a reputed shipping agency and served till 1983 in different capacities. After that he started his own business in 1983 as shipping agents in Bangladesh ports. He is a successful shipping personnel doing Chartering, Shipbroking etc.

In 1995 he along with other respectable business personalities established Al-Arafah Islami Bank Limited (AIBL). Since inception he served AIBL in multiple capacities and elected the Chairman of the Board of Directors in the year 2008. During his tenure as Chairman he established & acquired all the subsidiaries of AIBL like AIBL Capital Market Services Limited, AIBL Capital Management Limited, Millennium Information Solution Limited.

Mr. Mahmud Hossain Managing Director

Mr. Mahmud is one of the pioneering members of the Millennium founding team. As the Managing Director, Mahmud provides creative direction and oversees the implementation of Millennium's client-driven solutions. He leads the development and implementation of Millennium's corporate marketing initiatives as well as corporate strategy and business plan. With applied knowledge in IT disciplines for more than 27 years, Mahmud addresses the business domain as well as the technical aspects of customers' problems. Previously, he had worked as the Technical Manager for medium to large national and international projects. He also served as a consultant to many Multinational Corporations as well as numerous projects of reputed International companies.

Mr. Mahmud earned a B.S. in Electrical Engineering from the University of New Mexico, Albuquerque, USA. He also earned an MBA through Commonwealth of Learning, Vancouver, Canada and BOU with concentration in Corporate Finance.

Mr. Fokhruz Zaman Director

Mr. Zaman is also a member of the Millennium founding team. Mr. Fokhruz Zaman provides strategic technology directions and creative inputs to Millennium's software development projects. His forward-thinking vision has resulted in strategic, best-of-the-breed solutions for local and global companies.

In total, he has more than 16 years of experience in Software R&D, Production and Management in the global software industry. Mr. Zaman was the Software Manager for Bell Atlantic R&D Asia Lab. He holds a B.S. in Electrical Engineering from BUET and an MBA from Dhaka University with a concentration in finance.

Mr. Abdus Samad Director

Mr. Abdus Samad was born in 1967 and completed his bachelor degree in Business Administration. He joined AI Arafah Islamic Bank Ltd. (AIBL) in 2003 and currently serving as the Chairman, Board of Directors.

As an entrepreneur, Mr. Samad is actively associated with S Alam Group, AIBL Capital Market Services Limited and Samad Trading Agency. Mr. Abdus Samad is a successful businessman and entrepreneur in Bangladesh. Mr. Samad has also been elected as the Vice Chairman of the Ekushey Television Limited. Beside these, Mr. AbdusSamad is associated with many social and welfare organizations.

Md. Habibur Rahman Director

Md. Habibur Rahman was born in 1954 and joined AIBL as Managing Director & Ex-Officio Director of the Board in 2013. Mr. Rahman started his banking career through joining Sonali Bank in 1978 as Probationary Officer. He served the largest state owned bank in the rank of senior officer at its different branches & Industrial Credit Division of Head Office with much efficiency and reputation.

Dedicated in pursuit of welfare banking, Md. Habibur Rahman joined Islami Bank Bangladesh Limited (IBBL) in 1983 as Senior Officer. He served the bank – his workplace for long three decades – in multiple capacities as the faculty of Training Academy, Manager of five major branches including Local Office and Head of Operations, International Banking and Investment Wings of Head Office for long time.

Mir Mahfuz ur Rahman Director

Mr. Mahfuz ur Rahman is an experienced corporate finance advisor in Bangladesh having experience in advising international companies, including Lafarge Cement (France), Brightstar (USA), Marico Industries (India), Dabur Group (India), Emami Limited (India), Aditya Birla Group Ultratech Cement (India), ROHTO (Japan), Oji Paper (Japan), in M&A and IPO strategy and execution in Bangladesh.

He was previously the Head of Merchant Banking for Equity Partners Limited, a Bangladesh based merchant bank, where he executed 10 IPOs over 5 years in this country. Prior to that, he was an Analyst in Corporate Finance at Lehman Brothers in New York and an Associate with Peregrine Capital in Dhaka.

He was also a founder of a leading software integration company and of a data communication service provider in the country. He has a B. A. degree (magna cum laude, Phi Beta Kappa) in economics and international relations from Dickinson College, Carlisle, Pennsylvania, USA, and a M. A. (Distinction) in International Relations and Economics from SAIS, Johns Hopkins University, USA.

Md. Iftear Zahid Director

Mr. Md. Iftear Zahid earned B.Sc. (Computer Science and Engineering) from Bangladesh University of Engineering and Technology, Dhaka. He has 15 years of experience in the field of Software Development, Analysis and Software Management

Mr. Zahid possesses expertise in transforming concepts into usable software products while contributing in every stage of this transformation process, software architecture, Java/JavaEE based technologies. He is also capable of leading software product development team and managing onshore and offshore teams across the globe. Apart from these he is a passionate IT entrepreneur and founded a number of successful IT companies in USA and Bangladesh

Mr. Zahid presently serving numerous organizations in the different roles including at Jenzabar as Consultant, OnAir Technologies Ltd and Innovation Search LLC as Co-founder, SocialBetworks LLC as CTO, Millennium Information Solution Ltd as Software Architect etc

He joined MISL as a fulltime software engineer and became a member of board in 2001. He is involved in strategic decision making process and reviewing performance of the company periodically.

Mr. Zahid possesses expertise in software design and development, business strategy, web services, agile methodologies, java etc