Waqar Ahmad Choudhury
Managing Director & CEO
Vanguard Asset Management Ltd.
Waqar Ahmad Choudhury is the Managing Director and CEO of Vanguard Asset Management Limited, an Asset Management Company licensed and regulated by Bangladesh Securities and Exchange Commission (BSEC) for managing Mutual Funds, providing Corporate Advisory services and Portfolio Management.
Waqar Ahmad Choudhury has established Vanguard AML with a view to implementing stipulated investment objectives. The company’s mission is to provide investment management services and offer investment products, such as mutual funds and private investment funds, across all major asset classes to a diverse set of institutional and individual clients. The company offers wealth advisory services, including portfolio management and financial counseling. The company also provides high quality corporate advisory and research services to local and foreign individuals as well as multinational companies and institutions. The company is committed to improving the quality of life of the communities. The company does this by striving for leadership and global competitiveness in the investment sectors.
Vanguard AML vision is to be an innovative and leading asset manager providing outstanding investment solutions, exemplary services with high ethical standards. The company is committed to achieve superior investment results and to provide an extra ordinary client service. The company’s investment management team is devoted to extensive research and process driven approach to investment management operating within a risk-management framework.
He obtained Bachelor of Finance & Banking (Finance Concentration) from Adelphi University, Long Island, New York, USA in 1995. Then he started his career in the year 1996 as a Director of Nascom (Pvt.) Ltd. and Sponsor Shareholder of Green Delta Insurance Company Limited. He is a member of various associations and clubs including Metropolitan Chamber of Commerce & Industry (MCCI), American Alumni Association, Dhaka Club Limited, Gulshan Club Limited, Kurmitola Golf Club Limited, Uttara Club Limited, Gulshan Youth Club, Weekend Cricket Club Association and Old Laboratories Association.
During this period, Waqar Ahmad Choudhury played a pivotal role making equity investments in creating Delta BRAC Housing Limited (DBH), largest housing finance company in Bangladesh; United Hospital Limited, one of the leading corporate hospital in Bangladesh and Green Delta Securities Limited, having membership of Dhaka Stock Exchange Limited and Chittagong Stock Exchange Limited.
Waqar Ahmad Choudhury was the stakeholder and sponsor Director from 1996 to 2012, of Green Delta Insurance Company Limited, one of the largest General Insurance Companies in Bangladesh.
Apart from the above investments he played a key role to finalize the equity participation of IFC to Green Delta Insurance Company. And 30 years of experience in the field of investment banking mainly in the capital market, insurance and trading business. Waqar Ahmad Choudhury also worked as Director of Nascom (Pvt.) Ltd. He is widely reputed for crafting requisite strategic vision to achieve business goals.