Lankan Alliance Finance Limited, a joint venture FI between Sri Lanka and Bangladesh made its formal journey in Bangladesh Monday, said a statement.
Bangladesh Bank approved the company's operation few weeks back.
Local sponsors include representatives from Summit Group, Rangs Group, Alliance Holdings Limited, Green Delta Insurance Company Limited, Rabab Fashion Industry Limited and MASCO Group.
Mr. Jowher Rizvi is the Chairman while, Mr. Hemasiri Fernando (SL), Mr. Lutfe M. Ayub, Ms. Fahima Akhter, Mr. Jehan Prasanna Amaratunga (SL), Mr. Michael Pradeep Amirthanayagam (SL), Mr. Johnson Fernando (SL) Mr. N. Vasantha Kumar (SL), Mr. M.A. Mohamed Rizwan (SL), Mr. A. S. Ibrahim (SL), Ms. Ayesha Aziz Khan, Ms. Sohana Rouf Chowdhury and Ms. Farzana Chowdhury are the directors.
-rmc//