A K M Delwer Hussain elected vice president of SAFA

Staff Correspondent

9th August, 2020 01:43:46 printer

A K M Delwer Hussain elected vice president of SAFA

A K M Delwer Hussain FCMA has been elected as the Vice President of South Asian Federation of Accountants (SAFA) for the year 2021 in the 63rd SAFA Board meeting of SAFA on August 8.

The South Asian Federation of Accountants (SAFA) is a forum of professional accounting bodies in the South Asian Association of Regional Cooperation (SAARC) region of eight nations.

It works in the public interest and towards broad economic development of the region in part through promoting harmonization of accounting standards and practices.

It was founded in 1984. The strategy of the organization is not to create new standards, but rather to promote harmonization by building common knowledge and adoption of International Accounting Standards (IAS, which accommodates regional/national variations).

Delwer Hussain did his graduation with honours and masters in Management from the University of Dhaka. He is a veteran professional Cost and Management Accountant of the country.

Delwer Hussain FCMA was the President of the Institute of Cost and Management Accountants of Bangladesh (ICMAB) for the years 2004 and 2013. He was first elected as a Council Member of ICMAB in 1999 and till to date he elected as Council Member of ICMAB in every terms of the Council. He was elected as a Board Member and also Member of the Strategic Committee of the Confederation of Asian and Pacific Accountants (CAPA) in 2004.

Delwer Hussain was the former Chairman of Bangladesh Sugar and Food Industries Corporation (BSFIC), largest State owned Corporation of Bangladesh. He was the Director of Rupali Bank Ltd., a state owned commercial bank of the country.

He was also a Member of the National Wages and Productivity Commission of Bangladesh in 2010. At present he is a Member of Finance Committee of BUET, WASO Credit Rating Company BD Ltd. and Secretary General of Consultative Committee of State Owned Enterprises (CONCOPE). In addition he was the Director of Dhaka Power Distribution Company Ltd., Khulna Shipyard & Narayangonj Dockyard Ltd., Bangladesh Diesel Plant Ltd., Bangladesh Institute of Capital Market and Dhaka Stock Exchange Limited.