Summit Corporation Ltd appoints new CFO | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Tuesday
July 22, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
TUESDAY, JULY 22, 2025
Summit Corporation Ltd appoints new CFO

Corporates

Press Release
14 April, 2025, 07:00 pm
Last modified: 14 April, 2025, 07:00 pm

Related News

  • NCC Bank recognised among top sustainable banks
  • Epitome 3.0 launches with HR transformation workshop at NSU
  • SME Foundation, United Finance launch coastal cluster initiative
  • Mercantile Bank opens 153rd branch in Malkhanagar, Munshiganj
  • Holiday Inn brings ‘Chatgaiya Mezzan’ buffet festival to Dhaka

Summit Corporation Ltd appoints new CFO

Press Release
14 April, 2025, 07:00 pm
Last modified: 14 April, 2025, 07:00 pm
Summit Corporation Ltd appoints new CFO

Imtiaz Ibne Sattar (Imtiaz) has recently been appointed as the Chief Financial Officer (CFO) of Summit Corporation Ltd, which is the wholly owned subsidiary of Singapore-incorporated Summit Power International Limited (SPI), the largest independent power producer (IPP) and a leading LNG infrastructure operator in Bangladesh.

He will lead Summit Corporation's unified finance team in project financing and risk management while liaising with investors, financiers and related regulatory authorities. He reports to the Board of Directors of SCL and SPI's senior leadership team.

Imtiaz served as the CFO of Standard Chartered Bank, Bangladesh, for more than eight years, overseeing a USD 4 billion Balance Sheet in a high-growth period with a strengthened capital position, maintaining a 13% Common Equity Tier 1 (CET1) ratio, a AAA credit rating and satisfactory audit outcomes. In 2016, he became the Director and COO at Golden Oak Care, an entrepreneurial healthcare business in Canada. His role included corporatisation, developing a three-year business plan, setting up operating models and pitching to investors and lenders for financing arrangements. Later, Imtiaz joined Scotia Bank, where he led the Project team to establish a new risk score model adjudicating over CAD 260 billion-plus retail asset portfolio, delivering Banking Supervisor (OSFI) regulatory remediation as part of project delivery. He also served as a tax consultant at an advisory firm in Toronto before joining Summit Corporation.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Imtiaz attained an MBA at the Institute of Business Administration (IBA), University of Dhaka. Later, he completed an Executive Leadership Development course at INSEAD Business School, Singapore. Imtiaz volunteered to teach financial literacy to disadvantaged youth at Jaago Foundation School in Dhaka's urban slums. He participated in a run for Breast Cancer Awareness with the Canadian Banking Institution. Imtiaz is keen on soccer, world history, economic cycles and their evolution, and wildlife preservation.

TBS / Summit group / Corporate

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Photo: Syed Zakir Hossain/TBS
    75 injured in Secretariat as police clash with protesters demanding edu adviser's resignation over delayed HSC reschedule
  • Photo: Collected
    2 advisers, CA press secy leave Milestone School after 9-hour confinement amid protests
  • News of The Day, 22 JULY 2025
    News of The Day, 22 JULY 2025

MOST VIEWED

  • Training aircraft crashes at the Diabari campus of Milestone College on 21 July 2025. Photo: Courtesy
    BAF jet crash at Milestone school: At least 20 including children, pilot dead; 171 hospitalised
  • Flight Lieutenant Md Towkir Islam. Photo: Collected
    Pilot tried to avoid disaster by steering crashing jet away from populated area: ISPR
  • An idle luxury: Built at a cost of Tk450 crore, this rest house near Parki Beach in Anwara upazila has stood unused for six months. Perched on the southern bank of the Karnaphuli, the facility now awaits a private lease as the Bridge Division seeks to put it to use. Photo: Md Minhaz Uddin
    Karnaphuli Tunnel’s service area holds tourism promises, but tall order ahead
  • Bangladesh declares one-day state mourning following plane crash on school campus
    Bangladesh declares one-day state mourning following plane crash on school campus
  • 91-day treasury bills rate falls 1.13 percentage points to 10.45% in a week
    91-day treasury bills rate falls 1.13 percentage points to 10.45% in a week
  • Air Force F-7 BJI training aircraft crashes at Milestone College in Uttara
    Air Force F-7 BJI training aircraft crashes at Milestone College in Uttara

Related News

  • NCC Bank recognised among top sustainable banks
  • Epitome 3.0 launches with HR transformation workshop at NSU
  • SME Foundation, United Finance launch coastal cluster initiative
  • Mercantile Bank opens 153rd branch in Malkhanagar, Munshiganj
  • Holiday Inn brings ‘Chatgaiya Mezzan’ buffet festival to Dhaka

Features

Photo: Mehedi Hasan/TBS

Milestone plane crash: Aggrieved nation left with questions as citizens rally to help

4h | Panorama
Illustration: TBS

Uttara, Jatrabari, Savar and more: The killing fields that ran red with July martyrs’ blood

21h | Panorama
Despite all the adversities, girls from the hill districts are consistently pushing the boundaries to earn repute and make the nation proud. Photos: TBS

Ghagra: Where dreams rise from dust for Bangladesh women's football

2d | Panorama
Photos: Collected

Water-resistant footwear: A splash of style in every step

2d | Brands

More Videos from TBS

News of The Day, 22 JULY 2025

News of The Day, 22 JULY 2025

27m | TBS News of the day
US can avoid competition with China?

US can avoid competition with China?

12m | Others
Tariff deal: Dhaka to submit draft today, US yet to confirm meeting date

Tariff deal: Dhaka to submit draft today, US yet to confirm meeting date

1h | TBS Insight
No scope for hiding information: Air Force chief

No scope for hiding information: Air Force chief

1h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net