May 29, 2018 - Tuesday
With the aim of accelerating the Mutual Fund industry and Capital Market of Bangladesh, Trustee Investment Corporation of Bangladesh (ICB) and Investor Padma Islami Life Insurance Limited Employee Provident Fund has signed the trust deed of ‘CAPITEC PADMA P.F. SHARIAH UNIT FUND’ on 24 May, 2018 at the head office of ICB located in Motijheel. Capitec Asset Management Limited will act as the Asset Manager of this fund.
ICB Managing Director Mr. Kazi Sanaul Hoq, Accounts & Finance Department General Manager Mr. Md. Kamal Hossain Gazi, Admin Department General Manager Ms. Dipika Bhattacharjee and Deputy General Manager, Mr. Md. Taleb Hossain, Padma Islami Life Insurance Limited Employees Provident Fund Chairman Dr. Chowdhury Mohammad Wasiuddin, Prominent Businessman Mr. Hasan Rahman, Capitec Asset Management Limited Advisor Mr. Ishtiaque Ahmed Chowdhury, Managing Director Mr. M. Mahfuzur Rahman and others were present in this signing ceremony.
At the end of the ceremony, everyone prayed for the success of this open end fund. The Managing Director of Capitec Asset Management Limited said that, though the company is newly formed, the potential it holds is unmatched.