Infrastructure Development Company

[5] The company was licensed by the Bangladesh Bank as a non-bank financial institution on 5 January 1998.

Since its inception, it has played a major role in bridging the financing gap for developing medium to large-scale infrastructure and renewable energy projects in Bangladesh.

The company is managed by a nine-member independent Board of Directors comprising five senior government officials, three representatives from the private sector and a full-time executive director and chief executive officer.

Secretary/Senior Secretary of Economic Relations Division under the Ministry of Finance is the ex-officio chairman of the company.

It has a small and multi-skilled work force comprising financial and market analysts, lawyers, engineers, IT experts, accountants and environmental and social safeguard specialists.