+(880) 1324243200
9:00AM - 5PM (Sunday - Thursday)
info@ucbstock.com.bd
+(880) 1324243200
9:00AM - 5PM (Sunday - Thursday)
info@ucbstock.com.bd
UCB Stock Brokerage Limited is one of the largest stock brokers in Bangladesh. It is a wholly-owned subsidiary of United Commercial Bank PLC, a market-leading first-generation bank in Bangladesh. UCB Stock Brokerage Limited started its journey in June 2013.
The company achieved exceptional growth over the years. In its first year of operation, UCB Stock Brokerage Limited ranked #102 among 250 stock brokers on Dhaka Stock Exchange (DSE). After only eight and a half years of operation, in December 2021, the company ranked #1 among all the brokers in DSE. To date, the company maintains the #1 ranking among all the brokers, solidifying its position as the leading broker in Bangladesh. The company’s success can be attributed to the following three factors –
Over the years, the company has earned a reputation as one of the most trusted service providers by exceeding investor’s expectations.
UCB Stock Brokerage Limited has a five-member Research team including three CFA charter holders. The team serves US-based investors under a chaperone agreement with one of the largest stock brokers in the USA. The team is also serving Europe-based investors as per MiFID II.
The company has a forward looking approach in information technology arena. The company is on the process of implementing Order Management System (OMS) and complete operational automation through ERP. The company is also implementing cloud-based data management system.
The company is working relentlessly to acquire and develop skilled human resources to overcome the skilled human resource shortage in the capital market. The company launched a successful MTO program in 2021. The company also launched the capital market’s first-ever flagship internship program ‘U-Succeed’. The company also spends a considerable portion of its profit on employee training, coaching, and mentoring.
With its strong compliance and top-notch research, corporate access and execution services, UCB Stock Brokerage Limited is playing a key role in bringing large foreign portfolio investment in Bangladesh from the United States, Europe, and Asia.
UCB Stock Brokerage is cataloged as TREC Holder with both the stock exchanges in Bangladesh- Dhaka Stock Exchange Limited (TREC No.: 181) and Chittagong Stock Exchange Limited (TREC No.:015). It is also a Depository Participant of Central Depository of Bangladesh Limited and provides allied services under the Rules & Regulations of Bangladesh Securities and Exchange Commission. The registered office of the company is located at Bulus Center, Level-17, Plot CWS (A) 1, Road-34 Gulshan, Dhaka-1212. The company was incorporated in Bangladesh as a private limited company under the Companies Act 1994. As of March 2022, UCB Stock Brokerage Limited has 12 branches and extension offices. The company has 7 digital booths in across the country which is the highest among all the brokers.
Core Values
Mission
Vision
“To be the preferred Brand for Stock Broking in Bangladesh Capital Market.”
Meet the team
Board of Directors
Management Team
MD & CEO
COO
FVP | Head, Premium Brokerage
FVP | Head, Platinum Brokerage
VP | Head, Priority Brokerage
VP | Head, Non-Discretionary PMD
VP | Manager, Nikunja Branch
VP | Head, Retail Sales
VP | Manager, Chattogram Branch
VP | Head, Imperial Brokerage
VP | Head, Institutional Sales
VP | Head, PMD – Discretionary & Research
FAVP | Institutional Sales
FAVP | Head, Corporate Sales & HNI
FAVP | Head, IT & Innovation Lab
FAVP | Head, Settlement & Support Service
AVP | Head, Internal Control and Compliance
Bulus Center,
Plot-CWS-(A)-1, Road No 34,
Gulshan Avenue 1212
Dhaka, Bangladesh
+(880) 1324243200
info@ucbstock.com.bd
UCB Stock is devoted to perform relentless duties for the development of capital market of Bangladesh.
Copyright © 2021 . All rights reserved. Developed by Alchemy Digital Lab.
Mr. Arif Quadri
Chairman
Mr. Arif Quadri, a prominent and professional Banker with years of rewarding multi-dimensional experience in banking and other fields of Management is the Managing Director & CEO of United Commercial Bank PLC (UCB). Before that, he was serving the Bank as Additional Managing Director. Prior to joining UCB, he was the Deputy Managing Director & Chief Operating Officer of Premier Bank Limited.
Mr. Quadri has started his banking career with the then Arab Bangladesh Bank Limited as Probationary Officer in July 1984 after completing his graduation and worked there in different leadership roles till February 2003 while he was holding the rank & status of Senior Vice President.
His major professional area comprises of Head of Human Resources Management Division in AB Bank Limited, Al Baraka Bank Limited, ONE Bank Limited, and Meghna Bank Limited. During his long banking career with five different banks, Mr. Quadri played supervisory roles as CAMLCO, Chief Risk Officer, Head of Internal Control & Compliance Division, Head of Branch, etc. He served as a director on the board of IIDFC (Non-Banking Financial Institution) in Bangladesh. He held the charges of the Office of the Managing Director on several instances in ONE Bank Limited. He was also the Secretary-General of the Association of Bankers, Bangladesh Limited (ABB). Along with the role of Managing Director of UCB, Mr. Arif Quadri is also contributing as Chairman of UCB Stock Brokerage Limited. He attended different training programs and seminars at home and abroad.
Mr. Arif Quadri has an excellent academic track record. He completed his both graduation and post-graduation degree in Economics from Jahangirnagar University.
Mr. Syed Faridul Islam
Director
Mr. Syed Faridul Islam has recently joined United Commercial Bank Limited as the Additional Managing Director. Prior to joining UCB, he was the Deputy Managing Director & Chief Risk Officer of Prime Bank looking after on Credit, Information Security, Credit administration and Risk Management division of the Bank.
He played a very pivotal role in restructuring Business model for both SME Banking, Consumer Banking, Branch Network including Trade Services and Cash Management under Central Operations in Prime Bank. He also set up Prime Bank’s Retail and SME collection and Special Asset Management model. He firmly contributed in implementation and upgradation of Core Banking, Card Management system and Tier 3 data Center of the Bank.
He was also Head of SME Banking, BRAC Bank and reorganizing small segment and centralization of CRM. He worked for Standard Chartered Bank and successfully launched SME business products there.
He was Head of Medium Business, Standard Chartered Bank, Bangladesh. Mr. Islam has 35 years of Banking experience, covering in Branch Management, Business process reengineering, and IT integration. In his secondment with ANZ Bank, Melbourne, Australia, he played key role in product and parameter analysis. He was member of core implementation team of system integration for ANZ Grindlays Bank, Bangladesh and India. He started his career at Grindlays Bank in 1984.
Mr. Islam has a Bachelor of Commerce degree and he is also certified ‘Credit Professional’ from OMEGA in UK organized by Standard Chartered Group, London. He has completed his MBA from University of Liberal Arts, Bangladesh. He attended numerous training courses, seminars, workshops and conferences locally and overseas.
Mr. ATM Tahmiduzzaman FCS
Director
Mr. ATM Tahmiduzzaman FCS, a qualified Chartered Secretary, is the Company Secretary of United Commercial Bank Ltd. He has started his Career with British flagship concern REA Consortium locally known as Deundi Tea & Shaw Wallace Tea.
In the process of career progression, he capitalized the opportunities to work in launching team of Warid Telecom and played active role in the process of establishment of AIRTEL Bangladesh.
Mr. Tahmid, a faculty member of Institute of Chartered Secretaries of Bangladesh (ICSB), obtained his Master’s Degree from University of Dhaka. Later on, he obtained MBA under the umbrella of Common Wealth of Learning, the education wing of Common Wealth. In addition, he is a Law Graduate. He has attended many training program and workshops.
Mr. Tahmid is actively playing a vital role to create governance excellence in corporate sector of the Country being the youngest Council Member of ICSB. He is also involved with different socio-cultural organizations.
Mr. Faruk Ahammad FCA
Director
Mr. Faruk Ahammad FCA, a qualified Chartered Accountant and a Fellow member of the Institute of Chartered Accountants of Bangladesh, serving as the Chief Financial Officer of United Commercial Bank Limited. Earlier he had served as the Chief Auditor of Prime Bank Limited.
He played pivotal roles in various renowned financial organization i.e. Group Chief Financial Officer of Saad Musa Group of Industries; Director, Finance of Edotco Bangladesh Limited; Managing Director and CEO of Apex Investments Limited; Chief Financial Officer of The City Bank Limited, BRAC Bank Limited etc.
His wide range of expertise covered core banking financial strategy, planning, controlling, AML & treasury mgt. financial accounting and control, budgetary planning & control, risk management, regulatory & legal compliance etc. He attended numerous training courses, seminars, workshops and conferences locally and overseas.
Mr. Mohammed Rahmat Pasha
MD & CEO
Mohammed Rahmat Pasha is a highly experienced professional with an impressive career spanning over 35 years. With 23 years expertise in the banking industry, he brings a wealth of knowledge and insights to his role. Since joining UCB Stock Brokerage Limited as the Chief Executive Officer (CEO) in March 2016, he has been instrumental in leading the organization to new heights of success. Prior to his tenure at UCB Stock, Mr. Pasha served as the CEO of BRAC EPL Stock Brokerage Ltd for five years.
With a strong foundation in banking, Mr. Pasha’s career began at The City Bank Ltd, where he spent eight years gaining valuable experience and knowledge. He then joined BRAC Bank Limited as the Head of Treasury and Financial Institutions, a position he held for a decade. During this time, Mr. Pasha displayed his expertise in treasury and financial institutions, playing a pivotal role in shaping the bank’s strategies and driving its success.
Mr. Pasha’s commitment to professional growth and development is evident through his participation in numerous training programs and workshops, both domestically and internationally. By actively staying informed about industry trends and best practices, he remains at the forefront of the rapidly evolving financial landscape. Mr. Pasha holds a Post-Graduation degree in Management from the University of Dhaka and an MBA from NIBM, Chennai, India. This strong educational foundation, combined with his extensive practical experience, has equipped him with a comprehensive skill set and a deep understanding of the complexities of the financial sector.