Dhaka, Bangladesh (BBN)- Ziaul Hasan Siddiqui, former Deputy Governor of Bangladesh Bank, has recently been nominated as an Independent Director of the Board of Directors of Summit Power Limited and its subsidiary Summit Purbanchol Power Company Limited.
He has years of specialization in monetary policy, foreign exchange policy and reserve management. He also served as the Head of Financial Intelligence Unit (FIU) of Bangladesh to upgrade Anti Money Laundering (AML) and Combating Financing of Terrorism (CFT). He did his Masters in Public Administration (MPA) from Harvard University (USA) with outstanding skills of communication, management and leadership.
Mr. Siddiqui coordinated the entire arrangements for country’s sovereign rating (Bangladesh achieved very good rating which is only next to India in South Asia and as good as Vietnam and Venezuela) by Moody’s and S & P. He was involved in the negotiation of Industrial Sector Adjustment Credit and Railway Recovery Program with representatives of IMF, World Bank and Asian Development Bank. He contributed in drafting the current Guidelines for Foreign Exchange Transactions; initiated DIBOR, SWAP, Forward Contract, Hedging Product etc. He acted as the Managing Director of the Security Printing Corporation (Bangladesh) Ltd. and was a Member of the Board of directors of Karmashangthan Bank, Bangladesh Overseas Employment and Services Ltd. and Security Printing Corporation (Bangladesh) Ltd. Mr. Siddiqui also worked as a committee member of the “Third General Assembly” of APRACA in 1980.
BBN/SSR/AD-28Mar13-9:58 am (BST)
