Syed Mostahidal Hoq

Syed Mostahidal Hoq

Strategic Managing Director & Investment Executive
B/30, Shamoli Housing, Road 6, Shekhertec, Mohammadpur, 1207, Dhaka, Bangladesh.

About

Highly accomplished Managing Director and Fellow Chartered Accountant with over 15 years of progressive leadership experience in e-commerce, investment management, and financial oversight. Proven expertise in driving strategic growth, optimizing investments, and ensuring profitability for multi-million dollar enterprises, including significant tenure at Daraz Bangladesh (an Alibaba Group company). Adept at cultivating investor relations, steering complex operations, and identifying high-potential market opportunities, poised to lead Bangladesh Startup Investment Company (BSIC) in fostering innovation and maximizing portfolio returns.

Work

Daraz Bangladesh Limited
|

Chairman

Dhaka, Dhaka, Bangladesh

Summary

Spearheaded strategic direction and investment initiatives for Daraz Bangladesh, an Alibaba Group e-commerce entity, to drive long-term growth and stakeholder value.

Highlights

Provided overarching strategic direction, successfully aligning company vision with Alibaba Group objectives to navigate competitive market dynamics.

Managed long-term investment portfolios and growth strategies, optimizing capital allocation to secure sustainable expansion and market leadership.

Cultivated robust relationships with key investors and the Board, enhancing corporate governance and securing crucial support for strategic initiatives.

Mercari Asia Limited
|

Managing Director

Dhaka, Dhaka, Bangladesh

Summary

Managed overall operations and ensured investor returns for Mercari Asia Limited, a marketing agency, focusing on long-term growth.

Highlights

Oversaw comprehensive operational management, optimizing workflows and resource allocation to enhance agency performance.

Consistently ensured planned Return on Investments (ROIs) for investors, delivering strong financial outcomes.

Drove long-term company growth initiatives, expanding client base and service offerings in the competitive marketing sector.

Daraz Bangladesh Limited
|

Managing Director

Dhaka, Dhaka, Bangladesh

Summary

Led comprehensive day-to-day operations and strategic growth initiatives for Daraz Bangladesh, achieving significant market expansion and profitability targets.

Highlights

Directed end-to-end operational management, streamlining processes to boost efficiency and scalability across diverse business functions.

Achieved ambitious growth targets and Return on Investment (ROI) objectives set by the Board, significantly expanding market share.

Identified and capitalized on new growth opportunities, launching initiatives that contributed to substantial revenue uplift and market penetration.

Daraz Bangladesh Limited
|

Chief Financial Officer

Dhaka, Dhaka, Bangladesh

Summary

Oversaw all financial functions and budgetary controls for Daraz Bangladesh, ensuring fiscal health and profitability during a critical growth phase.

Highlights

Managed all finance functions, including accounting, treasury, and financial planning, supporting rapid business expansion and operational stability.

Controlled the organizational budget and implemented rigorous cost-saving measures, enhancing overall profitability by a notable margin.

Provided critical financial insights and analytics to the leadership team, informing strategic business decisions and optimizing resource allocation.

Ahmed Zaker & Co
|

Deputy Manager

Dhaka, Dhaka, Bangladesh

Summary

Supervised audit teams and managed administrative controls for article students, ensuring quality assurance and compliance.

Highlights

Provided administrative control and guidance to article students, fostering professional development and adherence to industry standards.

Assigned and managed teams across various tasks, optimizing resource utilization and project delivery timelines.

Monitored, supervised, and reviewed the work of audit teams, ensuring accuracy, compliance, and high-quality deliverables.

Sports Direct International, UK
|

Assistant Manager

London, United Kingdom, United Kingdom of Great Britain and Northern Ireland

Summary

Managed budgeting, cash banking, and sales team training, contributing to sales targets and operational efficiency in a retail environment.

Highlights

Managed daily budgeting and cash banking operations, ensuring financial accuracy and compliance with company policies.

Trained and onboarded new recruits, enhancing team capabilities and accelerating productivity.

Contributed to setting and achieving sales targets for the team, driving revenue generation and performance.

Education

Institute of Cost and Management Accountants of Bangladesh (ICMAB)
Dhaka, Dhaka, Bangladesh

Professional Qualification

Cost and Management Accounting

Association of Chartered Certified Accountants, UK
London, England, United Kingdom of Great Britain and Northern Ireland

Fellow Member (Professional Qualification)

Chartered Accountancy

Oxford Brookes University, UK
Oxford, England, United Kingdom of Great Britain and Northern Ireland

B.Sc.

Applied Accounting

Jessore Board
Jessore, Khulna, Bangladesh

Higher Secondary Certificate (H.S.C)

General Studies

Jessore Board
Jessore, Khulna, Bangladesh

Secondary School Certificate (S.S.C)

General Studies

Awards

President Silver Medal

Awarded By

Institute of Cost and Management Accountants of Bangladesh (ICMAB)

Awarded for exceptional performance upon fully qualifying as a Cost and Management Accountant.

Board Scholarship

Awarded By

Jessore Board

Received for outstanding academic achievement during Higher Secondary Certificate (H.S.C) examination.

Board Scholarship

Awarded By

Jessore Board

Received for outstanding academic achievement during Secondary School Certificate (S.S.C) examination.

Languages

English
Bengali

Skills

Financial Management & Accounting

Cost Management, Chartered Accounting, P&L Management, Budgeting, Financial Strategy, Audit Management, Regulatory Compliance, Investment Control, ROI Analysis, Treasury Management, Financial Planning.

Strategic Leadership & Business Development

Strategic Direction, Long-term Growth, Investment Management, Stakeholder Management, Corporate Governance, Operational Management, Market Expansion, Business Development, Startup Ecosystem, E-commerce Strategy, Alibaba Group Ecosystem.

Team Leadership & Development

Team Management, Performance Monitoring, Training & Development, Task Assignment, Supervision, Mentorship, Recruitment.

Investment & Venture Capital

Venture Capital, Startup Investment, Portfolio Management, Deal Sourcing, Due Diligence, Fundraising, Market Analysis, Risk Management.