Shadman Bin Zahir FMVA®, CBCA®

Experience

• 

  Xerox

  Jan 2017 - Apr 2017

  Intern
• 

  KPMG

  Jun 2017 - Oct 2017

  Auditor

  • Work roles included audit, advisory, compliance, taxation etc.• Assigned in Audit department at KPMG• Also assisted in Corporate Finance department for internal audit• Audited Viyellatex Group covering all the entities• Took part in audit review of Bangladesh government project LGSP II

• 

  IAK Chartered Accountants

  Oct 2017 - Dec 2018

  Project Manager, Vat & Tax

  • Initiated a project named ‘VATAX”• Spread VAT consciousness among mass people and MSMEs• Contributes in revenue generating source for the government• Instigate online VAT and TAX services in Bangladesh• Provide financial assistance to MSMEs• Presented to Business Finance Challenge Fund by UK Aid

• 

  Infrastructure Development Company Limited (IDCOL)

  Dec 2018 - now

  Assistant Vice President (Investment), Renewable Energy

  • Undertaking end to end appraisal and credit approval of large-scale renewable energy projects• Preparation and review of financial models and project appraisal reports for board approval in coordination with a cross functional team• Fund disbursement, financial analysis, budget formulation, and monitoring collection efficiency• Generating new business and developed strong project pipeline for investment consideration• Maintaining strong relationships with regulatory authority, clients, banks and financial institutions, ERD, SREDA, Power Division, Ministry of Finance, Development Financial Institutions, Inter-creditor Agencies, technical advisors, legal counsels, auditors (internal, external, FAPAD and Bangladesh Bank) and other stakeholders• Supervising the investment wing of Solar Irrigation Pump (SIP) portfolio which is catering towards SDG 2, 5, 7 and 13 with a cumulative capacity of 42MWp• Working as the focal point of UN Environment Programme (UNEP) for implementing the project ‘EmPower-Women for Climate Resilience’ in Bangladesh• Performing agency function and monitoring financial, operational, environmental and social performance of projects• Preparing internal and donor specific project progress reports and reviewing due diligence reports prepared by external consultants of the project• Reviewing and monitoring of implementation, repayment, financial and operating performance and overall compliance to relevant covenants of financed projects and evaluating the outcomes• Streamlining the non-performing loans (NPL) of SIP portfolio• Managing funds (debt, grant and technical assistance) from The World Bank, KfW Development Bank, JICA, UNEP, IWMI etc. Amounts and credit lines are depicted in the profile.• Awards received under SIP portfolio: Financial Innovation Award (FIA) 2019, Karlsruhe Sustainable Finance Awards 2020, Asian Power Awards 2020, The Global Economic Awards 2022. Show less

• 

  Malawi Off-Grid Market Development Fund

  Apr 2023 - now

  Fund Manager

  • Prepare the development of the Project Operation Manual and Fund Operating Guideline for operationalizing a World Bank supported US$ 20 million Off-Grid Market Development Fund (Ngwee Ngwee Ngwee Fund)• Conduct negotiations and financial closure with five off-grid solar companies for US$14 million loan window and US$5.5 million RBF grant window with a view to implementing at least 200.000 solar home systems (SHS) in Malawi• Launch the RFP for Market Catalyst Fund to promote market-based transformative and innovative solutions for the off-grid solar sector• Exploring FX conversion options for withstanding potential currency depreciation• Stress test analysis on the existing portfolio of the off-grid solar companies to assess their financial position • Undertake comprehensive business and financial diligence on businesses that pass initial screening to assess overall business and credit risk• Closely working with the Ministry of Energy and Ministry of Finance regarding project implementation • Provide technical support to awarded off-grid solar companies to accelerate their progress toward achieving their Key Performance Indicators (KPIs) including electricity access rates Show less