Mr. Fakhruddin Ahmed, FCMA, FCA, a highly accomplished finance professional having over 30 years of experience in accounting, auditing, financial management and corporate leadership across diverse industries, has been appointed as an Independent Director in the Board of Directors of Union Capital Limited on 04 September 2025. He is also the Chairman of the Board Audit Committee and the Risk Management Committee of the Company.
Mr. Ahmed is a Fellow Member of both the Institute of Chartered Accountants of Bangladesh (ICAB) and the Institute of Cost and Management Accountants of Bangladesh (ICMAB). Earlier, he obtained B.Com (Hons.) and M.Com in Accounting from the University of Dhaka.
Presently, he is the Managing Director of several companies under the Newage Group, including Newage Textiles Ltd., Newage Accessories Ltd., Newage Plastics Ltd., and Jimay Newage Dyeing & Printing Company Ltd. These 100% export-oriented manufacturing firms have flourished under his leadership, becoming well-established names in the textile and garment accessories sector.
Mr. Ahmed also has substantial experience in corporate governance. He served as an Independent Director of Bangladesh National Insurance Company Ltd., and has been appointed by the Hon’ble High Court Division as Independent Director and Board Member in several companies, including Bangladesh Industrial Finance Company Ltd., Evaly.com Ltd., Reptiles Farm Ltd., Envoy Textiles Ltd., Destiny-2000 Ltd. Boishakhi Media Ltd.