UCB Asset Management is backed by one of the oldest and largest commercial banks of Bangladesh- United Commercial Bank. As a wholly-owned subsidiary of United Commercial Bank, we have the unique advantage to offer a wide range of investment solutions that are difficult for others to replicate. If you want to raise capital for your business or want us to take care of your money or need access to quality research, United Commercial Bank will be capable enough to provide such solutions through multiple capital market focused subsidiaries. UCB Stock Brokerage Limited has already established itself as one of the leading sell-side firms in Bangladesh, encouraging United Commercial Bank to put more focus on investment management and merchant banking.

UCB Asset Management has a strong team of investment professionals who have a long track record of managing mutual funds in Bangladesh. Our team, consisting of top graduates from leading business schools, has the right mix of youth and experience, enabling us to have a balanced approach while solving any problem. We believe that our well-defined investment process facilitates long-term value appreciation. Our Investment team strictly follows a conscientious investment process to generate a lucrative risk-adjusted return.

Board of Directors

Arif Quadri


Mr. Arif Quadri, an eminent banker, joined United Commercial Bank in October 2015 as Deputy Managing Director and later promoted as Additional Managing Director. Currently, he is playing the role of Managing Director & CEO of United Commercial bank. Prior to joining UCB, he was the Deputy Managing Director & Chief Operating Officer at Premier Bank.
Throughout the long career spanning over 36 years, Mr. Quadri has served AB Bank, Al Baraka Bank, ONE Bank and Meghna Bank. He was the Secretary-General of the Association of Bankers, Bangladesh (ABB) as well.

Aparup Chowdhury

Independent Director

Dr. Aparup Chowdhury, a retired Civil Service Professional, has been serving the Board of Directors of United Commercial Bank as an Independent Director. A veteran public servant for 32 years, Dr. Chowdhury played different roles assigned by the Government of the People’s Republic of Bangladesh before assuming the title of ‘Secretary, Ministry of Liberation War Affairs’ in 2017. Since joining public service in 1986, he has served a number of ministries in different capacities including the position of Chairman, Bangladesh Parjatan Corporation.

Nabil Mustafizur Rahman


Mr. Nabil Mustafizur Rahman has been serving as Additional Managing Director of United Commercial Bank since October 2021. As a seasoned leader in Credit Risk Management of corporate, retail and SME banking, project finance, and structured finance deals, currently, he is leading the Credit Risk Management Division of UCB. Having a banking career over 28 years in both foreign and local banks and financial institutions, Mr. Rahman has worked in BRAC Bank, AB Bank, IPDC Finance, HSBC, Credit Agricole Indosuez and Standard Chartered Bank.

Abul Alam Ferdous


Prominent Banker Mr. Abul Alam Ferdous has been serving as Additional Managing Director of United Commercial Bank since October 2021. Before assuming that role, he attended the same organization as a Deputy Managing Director. Mr. Ferdous, a veteran of UCB, who joined the services of the company as a Probationary Officer in 1984, has held different banking positions in the arena of General Banking, Foreign Exchange, Credit Administration and etc. including 22 years of managerial responsibilities.

Mohammed Khorshed Alam

Mohammed Khorshed Alam


Mr. Mohammed Khorshed Alam has been serving as Deputy Managing Director of United Commercial Bank. Previously, he was a Senior Executive Vice President and Head of Audit Division of UCB who joined forces with United Commercial Bank in August 2008. In UCB, he has worked as the Head of Cluster of several branches and also acted as the Manager of Mirpur Branch and New Eskaton Branch. Before Joining UCB, he was a First Assistant Vice President of Prime Bank. Prior to that, Mr. Alam joined Bangladesh Bank as an Assistant Director and served the apex banking body till 2007 where he was a member of the Credit Risk Grading Inspection team.

Our Team

Shekh Mohammad Rashedul Hasan

Managing Director & CEO

Mr. Hasan joined UCB Asset Management to establish and oversee the investment management business of UCB. He has more than 10 years of experience as an investment professional, primarily focusing on investing in Bangladesh public equities. Prior to joining UCB, Mr. Hasan has worked for leading investment management and top notch multinational FMCG companies in Bangladesh. He received his bachelor’s from BUET and MBA from IBA, DU.

He believes that patience, discipline and the ability to weather the ‘fear of missing out’ are the most important traits that separate an outstanding investment manager from an average one.

Kaushik Chakrabartty, FCCA

Manager, Operations and Compliance

Mr. Kaushik Chakrabartty has joined UCB Asset Management in March 2020. Having a professional career spanning over 7 years, he is responsible for managing company accounts, treasury, fund operation, and meeting all the compliance standards for funds as well as the company. Prior to his current role, he led the Financial Planning & Reporting team of edotco Bangladesh, a subsidiary of edotco Group, a leading regional integrated telecommunications infrastructure services company in Asia. Mr. Chakrabartty started his career with Asian Tiger Capital Partners, one of the first generation AMCs in Bangladesh. During his tenure of around 3 years at AT Capital, he successfully launched 2 mutual funds (both closed-end and open-end) worth approximately BDT 100 crore.

Mr. Chakrabartty is a fellow member of ACCA and a part-qualified CMA from the CIMA (UK).

S M Samiuzzaman, CFA

Portfolio Manager

Mr. S M Samiuzzaman has joined UCB Asset Management as the Portfolio Manager in May 2020. He has more than 5 years of experience working both as a sell-side and a buy-side analyst in the Bangladesh capital market. Mr. Samiuzzaman also has some diverse experience of working in the local startup ecosystem as he has worked as the Head of Financial Analysis in Deligram, an omnichannel retail platform. Mr. Samiuzzaman started his career in LR Global Bangladesh as a buy-side analyst and later, he joined BRAC EPL Stock Brokerage as a sell-side analyst where he covered different sectors.

Mr. Samiuzzaman received his CFA charter in February 2020. He completed his BBA (Finance) from the Institute of Business Administration – the University of Dhaka in 2016.