274:(IIDFC) in 2000 as a non-banking financial institution (NBFI) under the Financial Institutions Act of 1993. As an NBFI, IIDFC cannot open savings or checking accounts, nor can it obtain letters of import. But it can accept term deposits, invest like a bank, and deal in foreign exchange. Since its inception, IIDFC has amassed 16.7 billion BDT (US$ 200 million) in assets as of 2015. Islam has continued to serve as chairman, and also retains a 3% stake in the company.
247:
Bank projects in need of consultants with UNIDO personnel specialized in those areas. In 1987, he transferred to Delhi, and worked as the UNIDO director for India and Bhutan. At no cost India and Bhutan, he would find projects in those countries where UNIDO could contribute expertise and match them with personnel and resources from abroad. He helped to bring
198:, while in return working to eliminate barriers to foreign investment to make Bangladesh a more attractive investment opportunity. As Alternate Executive Director, he was also charged with ensuring that development projects made it through the bureaucracy with all necessary approvals so that work could begin in earnest.
206:
as part of his campaign for one-party rule. He asked Islam to join, but Islam refused because he was a civil servant at heart, and thus had to remain apolitical. Mujib wanted Islam to return to Dhaka to help bolster what he knew was a tenuous position, but Islam refused on account of not wanting to
246:
Islam spent twelve years at UNIDO, six in Vienna and six in Delhi. During his time in Vienna, he served as a Senior
Industrial Development Field Advisor and liaison between UNIDO and the World Bank. The World Bank was reliant on consultant services provided by UNIDO, and Islam would match up World
296:
In 2010, Islam's company, IIDFC, was awarded the HSBC-The Daily Star
Climate Award for Climate Change Mitigation. His company financed Bangladesh's first green brick project, introducing a technology that uses 50% less energy to manufacture bricks. In 2011, Islam won The DHL-Daily Star Lifetime
588:
67:
for 8 and 11 years, respectively. He has started 4 companies, and is currently chairman of
Industrial and Infrastructure Development Finance Company (IIDFC), a Bangladeshi financial services firm. He served as the first finance secretary of Bangladesh.
170:, Islam served as the Alternate Executive Director for Bangladesh while S.R. Sen served as the Executive Director. When Sen died of a heart attack, Islam took over his duties, managing Bangladesh's contributions to the
189:
audit of the World Bank on the grounds that all members of the bank were equal. If the US were to be given the opportunity to audit, then every other country should get that same opportunity. He worked closely with
201:
During his time at the World Bank, Islam would return to Dhaka every six months to visit Sheikh Mujib. During the last of these visits, on 7 July 1975, Sheikh Mujib was trying to form his single political party
88:
responded to international pressure and released Sheikh Mujib. He arrived back in Dhaka on the 10th, and sent for Islam on the 12th. By 17 January, Islam was appointed the first
Finance Secretary of Bangladesh.
271:
270:, a non-banking development financial institution. Islam resigned from the boards of both of these companies in 2004 and 2003, respectively, so he could focus on his primary business venture. He started
126:, the Prime Minister. Talks eventually yielded an agreement for the Russians to build a power plant in Ghorashal, as well as to assist in clearing mines, sunken ships and wreckage from the war out of
207:
disrupt his daughters' education in the US. Mujib offered to sign indefinite orders to keep Islam in the US, but Islam said he would return in a year. Eight days later, Sheikh Mujib was
171:
263:
102:
As he worked on building the country's financial system, Islam also traveled with Sheikh Mujib and the other heads of government, traveling first to
Calcutta for talks with
341:
235:
222:
As
Secretary of Industry, Islam's job was to focus on the development of Bangladesh's private sector. His most notable achievement in this role was partnering with
385:
278:
185:
Islam served through July 1977, and campaigned vocally for equal treatment of even the poorest nations. For example, he campaigned against a proposed US
259:
After finally retiring from government/NGO service in 1993, Islam would go on to start three major companies, one of which he is still on the board of.
214:
Islam finished his tenure with the World Bank in July 1977, and subsequently returned to the
Government of Bangladesh as Secretary of Industry.
885:
208:
234:
in 1981, Islam began looking for work away from the instability of the central government. As fate would have it, the
Director-General of the
175:
880:
267:
297:
Achievement Award for his aggregate accomplishments over six decades of work in accounting, finance, and international development.
179:
186:
138:, and by September 1972 they had US$ 400 million in foreign currency reserves and the groundwork of a relationship with the
154:
Islam joined the World Bank in
October, 1973. As Bangladesh's representative, he spearheaded the country's entry into the
740:
238:, or UNIDO, was visiting Dhaka at the time. Islam hosted him for dinner, and was offered a job at UNIDO 6 months later.
505:
159:
139:
460:
392:
288:
In
January 2023, Islam published his second memoir, "Recollections of a Civil Servant-Turned Banker (2019-2022)".
248:
314:
436:
564:
367:
875:
163:
223:
285:, ICRA. He now serves as the vice chairman of CRAB, in addition to his ongoing work as IIDFC Chairman.
522:
870:
59:(born 24 January 1930) is a Bangladeshi diplomat and entrepreneur. He was Bangladesh's envoy to the
85:
418:
195:
659:
191:
131:
123:
84:
liberated Dhaka, securing the Pakistani Army's surrender on 16 December. By 8 January,
64:
864:
543:
342:"A recollection of dedication and integrity: Matiul Islam launches his second memoir"
106:
and the Indian Foreign minister in February. By March 1972 they were on their way to
103:
609:
282:
231:
115:
81:
846:
828:
633:
484:
807:
77:
722:
751:
155:
143:
127:
60:
589:"50th anniversary of the United Nations Industrial Development Organisation"
167:
768:
266:, his first non-bank Financial Services company. In 1998, he followed with
680:
119:
786:
251:, and led a matchmaking effort to pair investors with local companies.
227:
111:
506:"Report and Recommendation of the President to the Board of Directors"
194:, then President of the World Bank, to push for aid and assistance in
704:
203:
135:
107:
272:
Industrial and Infrastructure Development Finance Company Limited
130:
Harbor. Later in the year, Sheikh Mujib's delegation would visit
315:"Contacts with member countries: Bangladesh - Correspondence 01"
182:, the former two of which were both previously managed by Sen.
437:"Country Photographs - Bangladesh - Credit 676 - Photograph"
230:, on 31 December 1981. However, with the assassination of
773:
Industrial and Infrastructure Development Finance Company
748:
Industrial and Infrastructure Development Finance Company
727:
Industrial and Infrastructure Development Finance Company
709:
Industrial and Infrastructure Development Finance Company
118:. In Moscow, they were recognized by the Soviet Premier,
660:"Eastland Insurance Company Limited Company Profile"
264:
International Leasing and Financial Services Limited
46:
28:
21:
236:United Nations Industrial Development Organization
523:"Overall banking performance of ab bank limited"
268:National Housing Finance and Investments Limited
8:
461:"Contacts with member countries: Bangladesh"
386:"Soviet Naval Presence in the Indian Ocean"
634:"A night to recognise business luminaries"
18:
368:"Glimpses into Sheikh Mujib's ready wit"
336:
334:
306:
7:
166:. Working as a block with India and
366:Islam, Md. Matiul (17 March 2016).
279:Credit Ratings Agency of Bangladesh
277:In 2003, Islam helped to start the
226:to start Arab-Bangladesh Bank, now
829:"HSBC, Star honour climate heroes"
281:, or CRAB, by partnering with the
14:
417:Islam, Md. Matiul (3 July 2017).
187:Government Accountability Office
93:Government service in Bangladesh
610:"Brief Overview of the Company"
485:"Background of AB Bank Limited"
1:
886:Harvard Kennedy School alumni
419:"The man with a golden heart"
723:"Mr. Md. Matiul Islam, FCA"
283:Indian Credit Rating Agency
160:International Monetary Fund
902:
881:Bangladeshi businesspeople
847:"Business heroes honoured"
565:"ADMINISTRATIVE TRIBUNAL"
249:foreign direct investment
80:forces bolstered by the
16:Bangladeshi entrepreneur
544:"EBL News & Events"
262:In 1996, Islam started
292:Awards and recognition
164:Asian Development Bank
76:Finally, in December,
705:"Company at a Glance"
218:Secretary of Industry
57:Mohammed Matiul Islam
23:Mohammed Matiul Islam
741:"Annual Report 2015"
787:"Corporate Profile"
511:. 12 February 2019.
398:on January 23, 2017
224:Dubai Bank, Limited
86:Zulfikar Ali Bhutto
835:. 2 December 2010.
757:on 17 August 2018.
196:debt restructuring
98:Finance secretary
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750:. Archived from
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391:. Archived from
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255:Entrepreneurship
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853:. 26 June 2011.
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192:Robert McNamara
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132:Washington D.C.
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39:24 January 1930
34:
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17:
12:
11:
5:
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851:The Daily Star
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833:The Daily Star
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769:"Shareholders"
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672:
651:
640:. 26 June 2011
638:The Daily Star
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423:The Daily Star
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372:The Daily Star
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124:Alexei Kosygin
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65:United Nations
63:and later the
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876:Living people
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104:Indira Gandhi
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41:(age 94)
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823:
811:. Retrieved
808:"ABOUT CRAB"
802:
790:. Retrieved
781:
772:
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752:the original
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688:. Retrieved
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616:. Retrieved
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592:. Retrieved
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571:. Retrieved
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443:. Retrieved
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400:. Retrieved
393:the original
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350:. Retrieved
348:. 2023-01-29
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321:. Retrieved
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261:
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232:Ziaur Rahman
221:
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209:assassinated
200:
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116:Georgian SSR
101:
82:Mukti Bahini
75:
56:
55:
871:1930 births
813:12 February
792:12 February
665:12 February
644:12 February
618:12 February
594:12 February
573:12 February
549:12 February
528:12 February
490:12 February
469:12 February
445:12 February
402:12 February
323:12 February
78:Indian Army
50:Bangladeshi
47:Nationality
865:Categories
690:2024-09-14
352:2023-09-02
301:References
156:World Bank
150:World Bank
144:World Bank
128:Chittagong
110:by way of
61:World Bank
35:1930-01-24
685:iidfc.com
168:Sri Lanka
425:(Op-ed).
374:(Op-ed).
120:Brezhnev
681:"IIDFC"
228:AB Bank
112:Tbilisi
204:BAKSAL
178:, and
136:London
108:Moscow
72:Career
755:(PDF)
744:(PDF)
613:(PDF)
568:(PDF)
509:(PDF)
464:(PDF)
440:(PDF)
396:(PDF)
389:(PDF)
318:(PDF)
242:UNIDO
815:2019
794:2019
667:2019
646:2019
620:2019
596:2019
575:2019
551:2019
530:2019
492:2019
471:2019
447:2019
404:2019
325:2019
172:IBRD
162:and
142:and
134:and
122:and
29:Born
180:IFC
176:IDA
140:IMF
867::
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831:.
771:.
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725:.
707:.
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333:^
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