M. R. Islam, FCA

Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.

M. R. Islam, FCA

Born in a respectable Muslim family in the late 1955, Mr. Islam after having B.Com. (Hons) and Masters of Commerce degree in accounting from University of Dhaka, qualified as a Chartered Accountant from The Institute of Chartered Accountants of Bangladesh (ICAB) in 1983.

For his outstanding academic qualifications, he was awarded scholarship from Bangladesh Chemical Industries Corporation (BCIC) during his continuation of Chartered Accountancy course under ICAB as an articled student in one of the most renowned Chartered Accountancy Firm – M/S Howladar Yunus & Co. He has gained a wide ranging and multifarious post qualification practical experience to his credit in accounting, auditing, taxation, financial & management consultancy services through practical assignments.

Amongst many, his auditing, taxation and valuation experiences includes all the government sector Banks, Bangladesh Bank, State Bank of India (Dhaka Branch), Bank Indosuez, Bangladesh Biman, Shadharan Bima Corporation, Bangladesh Shilpa Rin Shangstha, Bangladesh Power Development Board, National Tea Company, etc. Besides, as local associate of the internationally reputed Manila based Financial & Management Consultants firm – M/S SGV & Co., Mr. Islam has demonstrated outstanding performances in developing and updating the Bangladesh Government’s accounting system, designing systems and developing manuals separately for each of accounting, auditing and fixed assets of Bangladesh Oil, Gas & Mineral Corporation.

He has independently designed the reconciliation procedure of Bangladesh Krishi Bank Limited for reconciling its long 10 years unadjusted inter-branch transactions involving thousand Crores of Taka through its 900 branches.

Being appointed by the Government through its Superior Selection Board (SSB), Mr. Islam has also worked as Director of the country’s largest government organisation – Bangladesh Chemical Industries Corporation (BCIC) for quite a long period in its different directorates such as Panning & Development, Finance & Commercial.

He has vast experience in Public Procurement Act 2006, Public Procurement Rules 2008 and World Bank Procurement Guidelines.

Prior to assuming the office of Director of the Corporation, he had worked in many different senior positions such as Sr. General Manager, Chief Finance Officer, and Controller of Accounts & Secretary of the same Corporation. When he was secretary of the corporation he served as head of Tender Committee for the procurement of different goods and services from national and international entities. His role in the Corporations overall financial and operational management throughout 27 (twenty seven) years of service periods are all along recognised by the Corporation where he provided Policy Guidelines regarding Financial, Commercial and Operational Management of the Corporation along with its individual manufacturing entities.

Mr. Islam also worked as nominated delegates of Bangladesh Government in various foreign countries to represent international conferences, seminars and business & development meetings.

Mr. Islam has been serving as a Partner of Syful Shamsul Alam & Co. (SSAC) since 2015, and now leading M. R. Islam – Syful Shamsul Alam & Co. (MRISSACA) as a Principal.