Kazi Sanaul Hoq
Kazi Sanaul Hoq | |
|---|---|
| Born | January 4, 1961 Nilphamari District, East Pakistan |
| Occupation | Banker |
| Years active | 1984–present |
| Known for | Chairman of Rupali Bank Limited, Managing Director of Dhaka Stock Exchange, Managing Director of Investment Corporation of Bangladesh |
Kazi Sanaul Hoq is a prominent banker from Bangladesh who formerly held the position of Chairman at Rupali Bank Limited. His previous roles include serving as managing director of both the Investment Corporation of Bangladesh and the Dhaka Stock Exchange. His selection as managing director of the Dhaka Stock Exchange was met with controversy, amid accusations of preferential treatment linked to influence from "higher authorities."
Early life
Born on 4 January 1961 in Nilphamari District, East Pakistan, Sanaul Hoq is the son of Kazi Ekramul Hoq, who worked as a judicial officer within the East Pakistan Civil Service. He completed his undergraduate and postgraduate studies in accounting at the University of Dhaka.
Career
Sanaul Hoq commenced his professional journey at the Investment Corporation of Bangladesh in 1984. He later advanced to become General Manager at Bangladesh Development Bank Limited. His career also includes leadership as managing director of Rajshahi Krishi Unnayan Bank and an appointment as Deputy Managing Director at Agrani Bank in January 2015. Between 2017 and 2019, he headed the Investment Corporation of Bangladesh, a period during which the organization experienced its lowest profit margin in 12 years.
On 23 August 2019, Hoq assumed the role of managing director at Karmasangsthan Bank, following his tenure as managing director at Agrani Bank. Subsequently, he was appointed managing director of the Dhaka Stock Exchange in February 2020 but resigned in January 2021. His departure came amid disputes over alleged misconduct during his time at the Investment Corporation of Bangladesh and difficulties in revitalizing the stock market. Although his term was scheduled for three years, he left after ten months citing "personal reasons."
On 13 June 2021, Sanaul Hoq was named Chairman of Rupali Bank Limited.