Md Shakhawat Hossain – M A Fazal & Co.

Key Achievements

Tk 5,500 Cr
Deposit portfolio managed — Agent Banking Division, Bank Asia

58,000+
Micro merchant network overseen across Bangladesh

Grameen Bank — Nobel Peace Prize Institution
Engaged as Financial Transformation & Advisory Consultant at Grameen Bank — founded by Nobel Peace Prize laureate Prof. Muhammad Yunus (2006). Driving financial reform, institutional restructuring, and governance modernisation.

10 Banks
Nepal — Extensive Asset Review Audit (Grant Thornton Bangladesh)

Since 2019
Faculty Member, Institute of Chartered Accountants of Bangladesh (ICAB)

Career History

March 2026 – Present Current

Partner

M A Fazal & Co., Chartered Accountants · Dhaka, Bangladesh

Public accounting practice overseeing audit, tax advisory, and financial consulting engagements for corporate and institutional clients.

December 2025 – Present Current

Consultant — Financial Specialist (Transformation & Financial Advisory)

Grameen Bank · Dhaka, Bangladesh

Engaged as a specialist consultant driving financial transformation and institutional reform at Grameen Bank — the globally renowned Nobel Peace Prize-winning microfinance institution founded by Professor Muhammad Yunus
Providing strategic financial advisory across financial reporting, regulatory compliance, and operational restructuring to modernise the bank's financial management framework
Supporting the bank's transformation agenda through improved financial controls, IFRS/BFRS alignment, and governance strengthening
Working at the intersection of development finance and institutional reform — bringing two decades of banking and CA expertise to one of the world's most impactful financial institutions

November 2024 – March 2026

Partner

Rahman Mostafa Alam & Co., Chartered Accountants

Led audit, tax, and financial advisory engagements at a leading chartered accountancy firm in Bangladesh.

October 2014 – October 2024 · 10 Years

Head of Finance & Accounts — Agent Banking Division

Bank Asia Limited · Dhaka, Bangladesh

Managed a deposit portfolio of Tk 5,500 crore and advances of Tk 270 crore
Oversaw 5,000+ agent outlets and a network of 58,000+ micro merchants
Led a team of 800+ employees ensuring financial growth and operational excellence
Responsible for GL management, budgeting, taxation (TDS/VDS/Excise), financial reporting, and internal controls
Finance Controller for 13+ donor-funded development projects (Bill & Melinda Gates Foundation, World Food Programme, UNCDF, and others)
Active member of the Procurement Committee for equipment and services procurement

Earlier Career

ICCD Division — National Bank Limited

Bangladesh

Banking and finance roles that formed the foundation of a distinguished career spanning taxation, audit, and financial management.

CA Articleship Training

Article Student — Chartered Accountancy Training

Howladar Yunus & Co., Chartered Accountants · Member Firm of Grant Thornton International · Dhaka, Bangladesh

Completed CA articleship training at one of Bangladesh's premier chartered accountancy firms — a member firm of the global Grant Thornton network. Gained hands-on expertise in statutory audit, tax, financial reporting, and assurance across diverse industries, forming the professional bedrock of a distinguished accounting career.

International Engagement

Audit — Key Expert

Extensive Asset Review of Top 10 Nepali Banks · Grant Thornton Bangladesh · Kathmandu, Nepal

Served as a key team member in a landmark cross-border audit mandated by Nepal Rastra Bank — assessing asset quality, provisioning accuracy, and compliance across Nepal's ten largest commercial banks.

Development Project Experience

As Finance Controller at Bank Asia's Agent Banking Division, Mr. Hossain oversaw financial management and compliance for the following internationally funded projects:

Business Model — Digital Financial Transactions (Merchant Supply Chain)

UNCDF-Shift, MicroSave & Unilever · Oct 2018 – Sep 2020

DFS Inclusion of Smallholder Farmers

ACDI / VOCA · Mar 2019 – Nov 2019

Feed The Future Bangladesh Aquaculture Activity (BANA)

Worldfish Project Bangladesh · Oct 2019 – Dec 2020

Sarathi 3 — Banking Services for RMG Factory Workers

Swisscontact & Metlife Foundation · Dec 2019 – Dec 2020

COVID-19 Impact Mitigation — Agricultural Inputs via Micro-Merchants

ACDI / VOCA – 2 (Covid Period) · Jun 2020 – Jan 2021

Value Chain & Micro Lending — Aquaculture Farmers

Worldfish Project (IDEA) · Jun 2020 – Dec 2022

Sarathi 4 — Banking Services for RMG Workers

Swisscontact & Metlife Foundation · Feb 2021 – Jul 2021

Strengthening Women Empowerment through Digital Financial Inclusion

Bill & Melinda Gates Foundation (BMGF) · Nov 2021 – Apr 2024

WorldFish Bangladesh Project Southern Phase-2

Worldfish Project (BAA) · Aug 2021 – Aug 2023

Sarathi-5 — Financial Health of RMG Workers

Improving financial health of RMG workers · Jul 2023 – Apr 2024

Amar Hisab-Kitab: Digital Financial Literacy for RMG Workers

UNCDF (DFL) · Nov 2023 – Sep 2024

Growing Together Project — Financial Literacy & Farmer Development

BFP-B, Nathan Association London, VSO & Syngenta · Jan 2016 – Dec 2019

* Certified by Alkona K. Choudhuri, SEVP & Chief Human Resource Officer, Bank Asia Limited (October 2024)

Key Achievements

Career History

Development Project Experience

Professional Affiliations & Consultancies