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New chief for Alliance Capital

kh-asadul-islam-riponKh Asadul Islam Ripon has recently been appointed as the managing director and chief executive of Alliance Capital Asset Management Ltd, the company said in a statement yesterday (11 June 2014).

Prior to the appointment, Ripon was the founding managing director and CEO of City Brokerage Ltd, a wholly owned subsidiary of the City Bank Ltd.

He also served the City Bank as executive vice president and head of brokerage since July 2009 and was the chief executive of IDLC Securities Ltd.

He began his career with Premium Securities Ltd and later moved to Peregrine Capital Ltd, followed by a shift to the Union Capital Ltd (UCL). He later became the director of SES Company Ltd, a wholly-owned subsidiary of UCL.

Source: Daily Star

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