Chowdhury Nafeez Sarafat

Chowdhury Nafeez Sarafat is a Bangladeshi businessman connected to the Awami League government. Sarafat is the founder chairman of the board of trustees of Canadian University of Bangladesh. He was the chairman of Padma Bank PLC.

Early life Sarafat is from Gopalganj District.

Career

Sarafat started his career in 1999 at Standard Chartered Bank. He was appointed a director of IFIC Bank and left Standard Chartered Bank after questions were raised about his connections to two banks simultaneously. In 2008, Sarafat joined ICB Islamic Bank as the Head of Consumer Banking. On 15 December 2016, Sarafat received his Doctorate in Business Administration from Commonwealth University-London.

In January 2018, Sarafat was appointed chairman of Farmers Bank Limited, later renamed to Padma Bank, after its chairman Muhiuddin Khan Alamgir resigned over allegations of embezzling from the bank.

Sarafat is the founding chairman of Canadian University of Bangladesh. The university awards Sarafat Chowdhury Merit Scholarship. In October 2021, Benoit Prefontaine, Canadian High Commissioner to Bangladesh, laid the foundation stone for the permanent campus of Canadian University of Bangladesh in Purbachal in a ceremony presided by Sarafat.

In 2022, Sarafat became a director of the National Tea Company Limited. He founded two news organizations, Dainik Bangla and newsbangla24.com. Another issue manager, the government owned ICB Capital Management, denied any involvement with the company. He is a director of Unique Hotel and Resorts Limited, which owns Westin Dhaka. He and his wife are directors of Race Financial Management Inc. and Can-Ban Chambers House, based in Canada. He is a major shareholder of RACE Asset Management. He is the Managing Director of Unique Meghnaghat Power Limited, a subsidiary of Unique group. In May 2024, the U.S. Trade and Development Agency (USTDA) awarded a feasibility-study grant to CdNet Communications Limited for the proposed Bagha-1 international submarine cable. USTDA identified Sarafat as a director of CdNet.

Legal affairs In 2022, he founded Citizen TV with Muhammad Shafiqur Rahman, member of parliament, who later alleged Sarafat and Benazir Ahmed forcefully took shares of the TV from him.

In 2024, ACC starts probe into Nafeez Sarafat over allegations of Padma Bank seizure, Tk800cr embezzlement.

According to an official from the ACC who spoke on condition of anonymity, "Nafeez had seized Padma Bank with the assistance of top officials from the police and an intelligence agency.

Personal life

Sarafat is married to Anjuman Ara Shahid. She served as the chairman of Strategic Finance and Investment Limited and later director of Southeast Bank.