First Security Islami Bank Ltd.
Mohammed Saiful Alam was born in Chittagong in the year 1960. He comes from a very prominent and highly respectable family of Bangladesh. He is a man with distinctive vision, dynamism, commitment and innovative ideas. As a chairman of First Security Islami Bank Limited he has brought along with him a vast wealth of experience and expertise of managing a good number of industries of his own throughout the country.
He is a very successful entrepreneur and an eminent industrialist of the country. He is the Chairman of the Board of Directors of First Security Islami Capital & Investment Limited, Reliance Finance Limited, S. S. Power-I Limited, Norinco Engineering Limited, C & H Power Management Company Limited, Reliance Brokerage Services Limited, Ekushey Television Ltd. Karnaphuli Prakritik Gas Limited. He is the Managing Director of S. Alam Steels Limited, S. Alam Cement Limited, S. Alam Brothers Limited, S. Alam Hatchery Limited, S. Alam Trading Company (Pvt.) Limited, S. Alam Bag Manufacturing Mills Limited, S. Alam Soyaseed Extraction Plant Limited, S. Alam Refined Sugar Industries Limited, S. Alam Cold Rolled Steels Limited, S. Alam Luxury Chair Coach Services Limited, S. Alam Power Generation Limited, S. Alam Tank Terminal Limited, S. Alam Properties Limited, Sonali Cargo Logistics (Pvt.) Limited, Fatehabad Farm Limited, Portman Cements Limited, Rangdhanu Media Limited, Pavilion International Limited, Crest Holdings Limited, Virgin Assets Limited, Noor Islamic Holdings Limited, Disney Business Solution Limited and the Director of Northern General Insurance Co. Limited. He is also Sponsor Shareholder of Al-Arafah Islami Bank Limited, S. Alam Super Edible Oil Limited, S. Alam Vegetable Oil Limited Shareholder of Padma Islami Life Insurance Limited and the Proprietor of S. Alam & Co.
In addition to his business, Mr. Alam is associated with many other philanthropic activities in the country.
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First Security Islami Bank Ltd.
First Security Islami Bank Limited was incorporated on 29 August 1999 as a commercial bank. It started operations on 25 October 1999 with an authorized capital of 1 billion taka. From 2009 the bank started sharia banking. The Bank sponsored the National School Hockey Tournament.