Md. Abul Basher FCA – Managing Partner | M A Fazal & Co.
Md. Abul Basher FCA
Managing Partner — M A Fazal & Company, Chartered Accountants

Md. Abul Basher

FCA FAIA IFA ICAEW

Senior Finance & Audit Executive  ·  Chartered Accountant  ·  Telecom & ERP Specialist
25+ Years of International Experience · Bangladesh & United Kingdom

25+
Years International Experience
BDT 30B
Irregularities Uncovered (Telecom Audit)
BDT 100B
Syndicated Loan Arranged
Professional Profile

Md. Abul Basher is a highly accomplished Chartered Accountant and Finance Executive with more than 25 years of international experience spanning finance, audit, taxation, ERP implementation, corporate governance, telecom, infrastructure, manufacturing, consultancy, and public sector engagements. A Fellow of the Institute of Chartered Accountants of Bangladesh (FCA, 2008), a Fellow of the Association of International Accountants (FAIA), and a Member of the Institute of Financial Accountants (IFA), he also holds the ICAEW Professional Level from the Institute of Chartered Accountants in England and Wales.

🏆  Appointed by the Government of Bangladesh to lead the country's first-ever telecom system audit of Grameenphone Ltd. — identifying major financial irregularities resulting in restitution claims of approximately BDT 30 billion.

He has a proven track record in leading complex audits, financial restructuring, due diligence, syndicated financing, ERP transformation, risk management, and regulatory compliance. He is recognised for delivering high-value consultancy for government bodies, multinational corporations, telecom operators, donor-funded projects, and large industrial organisations across Bangladesh and the United Kingdom. A respected team leader, he is known for delivering practical business solutions, improving operational efficiency, and managing multidisciplinary teams across large-scale and technically demanding assignments.

Professional Experience
Managing Partner Current
M A Fazal & Company, Chartered Accountants
February 2009 – Present  |  Dhaka, Bangladesh

Leads all audit, advisory, taxation, consultancy, and financial management assignments for corporate, telecom, manufacturing, infrastructure, and public sector clients. Oversees the firm's full portfolio of statutory engagements, regulatory advisory mandates, and international consultancy assignments.

  • Directed statutory audits, internal audits, due diligence, and consultancy engagements in compliance with IFRS, IAS, ISA, and local regulations.
  • Appointed by the Government of Bangladesh to lead the first-ever telecom system audit of Grameenphone Ltd., identifying financial irregularities of ~BDT 30 billion.
  • Led due diligence for Bangladesh Submarine Cable Company Limited and Bangladesh Telephone Shilpa Sangstha.
  • Served as Financial Consultant for Dhaka Water Supply and Sewerage Authority (WASA) under World Bank-financed projects.
  • Advised clients on taxation, VAT, investment planning, financial restructuring, and business expansion.
  • Implemented accounting automation and ERP-based financial systems across multiple organisations.
  • Prepared tender submissions and consultancy proposals for government and corporate assignments.
  • Provided strategic international financial consultancy for clients in the United Kingdom, Saudi Arabia, France, and Jordan.
Deputy General Manager — Finance & Accounts
Rangs Telecom Ltd.
June 2004 – January 2009  |  Dhaka, Bangladesh

Led finance, treasury, budgeting, ERP implementation, and credit control functions for one of Bangladesh's leading telecom organisations. Played a pivotal role in transforming financial operations and introducing enterprise-grade systems.

  • Introduced and implemented SAP ERP (FICO) solutions organisation-wide, transforming financial reporting capabilities.
  • Led syndicated loan arrangements worth approximately BDT 100 billion.
  • Developed financial models and investment analyses for strategic projects.
  • Established a dedicated Credit Control Department to improve receivables recovery and cash flow management.
  • Implemented robust internal control and operational risk management systems.
  • Directed budgeting, forecasting, treasury, taxation, VAT, and MIS reporting functions.
  • Supervised finance, internal audit, taxation, and credit control teams.
  • Supported Board-level decision-making through financial analytics and performance reporting.
Financial Controller
M.I. Cement Factory Ltd.
June 2003 – June 2004
  • Managed financial reporting, treasury operations, budgeting, and debt servicing.
  • Ensured IFRS and IAS compliance across all finance operations.
  • Led VAT and taxation matters independently.
  • Conducted product costing reviews and financial performance analysis.
  • Supervised operational finance and procurement approval processes.
Accounts Consultant
PA Government Services Inc. — USAID Energy Sector Project, Bangladesh
March 2002 – June 2003
  • Managed project accounts in compliance with USAID regulations and international accounting standards.
  • Prepared monthly imprest and financial reports; conducted financial risk assessments and budget analysis.
  • Managed banking operations and project financial documentation.
Audit Administrator
M A Fazal & Company, Chartered Accountants
September 1995 – March 2002
  • Coordinated audit and consultancy assignments across multiple client engagements.
  • Finalised audit reports in compliance with IFRS, IAS, and ISA standards.
  • Conducted training on internal audit, operational procedures, and risk assessment.
  • Supervised audit teams across diverse industry sectors.
Selected Audit & Consultancy Assignments
Special Telecom System Audit — Grameenphone Ltd. (GoB Appointment)
Due Diligence — Bangladesh Submarine Cable Company Ltd.
Due Diligence — Bangladesh Telephone Shilpa Sangstha
Financial Consultancy — Huawei Technologies (BD) Ltd.
Audit — ZTE Corporation Bangladesh Operations
Consultancy — Bangladesh Power Development Board
Financial Consultancy — Dhaka WASA (World Bank Project)
Audit — Bangladesh Textile Mills Corporation
Audit — Bangladesh Jute Mills Corporation
Audit — Bangladesh Agricultural Development Corporation
Audit — Agrani Bank PLC
Audit — Janata Bank PLC
Audit — Rupali Bank PLC
International Advisory — Ruwa Group Services Ltd. (UK/Saudi Arabia)
International Consulting Experience
🇬🇧🇸🇦
Ruwa Group Services Limited
International Finance & Business Consultant
Strategic financial and business consultancy to a Saudi-linked construction and development group operating in the United Kingdom. Responsibilities include financial planning, compliance advisory, budgeting, investment analysis, business structuring, and operational finance support for development projects.
🇫🇷🇬🇧
OGD Limited
International Financial Consultant
Advising a France and UK-based consulting organisation on financial management, accounting systems, international compliance, and strategic growth initiatives; supporting cross-border financial decision-making.
🇬🇧🇯🇴
Lagree Fitness Ltd
Financial & Business Consultant
Consultancy on financial operations, business planning, management reporting, budgeting, taxation, and corporate structuring for fitness and wellness sector operations across the United Kingdom and Jordan.
🇸🇦
Modo's Cuisine
Business & Financial Consultant
Supporting financial management, business expansion strategy, internal controls, and commercial planning for a multinational food chain originating from Saudi Arabia.
🇬🇧
Hecate Technologist Ltd
Business Consultant
Advisory services on financial systems, business operations, compliance, strategic planning, and commercial development for a UK-trading Iranian software company.
Education
2008
Fellow Chartered Accountant (FCA)
Institute of Chartered Accountants of Bangladesh (ICAB)
2011
ICAEW Professional Level
Institute of Chartered Accountants in England and Wales
2012
Fellow Member (FAIA)
Association of International Accountants
2022
Member (IFA)
Institute of Financial Accountants
1998
Master of Commerce — Accounting
National University, Bangladesh
1990
Bachelor of Commerce
Dhaka City College
M A Fazal & Co.
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