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Research Team

Salim Afzal Shawon, CFA

Head of Research

Mr. Salim Afzal Shawon joined BRAC EPL Stock Brokerage in Jun 2021 as the Head of Research. With over a decade of extensive experience in his various roles among global and local companies, covering both public and private markets, Mr. Salim brings in a unique mix of research, transaction, and advisory capability to BESL. Prior to joining with BRAC EPL Stock Brokerage Ltd, Mr. Salim served as Independent Partner, Structured Finance at Fillip Partners, a boutique investment & legal advisory firm of Bangladesh since October 2018 to May 2021. He also worked for International Finance Corporation (World Bank) as Investment Analyst, South Asia during July 2014 to July 2018 period. Before that, he was working in the capital market with IDLC Investments Limited as Assistant Manager, Research. He started his career with Credit Rating Agency of Bangladesh (CRAB) as a Financial Analyst.

He received several global trainings from S&P, Moody’s, World Bank, Del Carnegie and many other reputed sources in a number of professional aspects, including financial modeling, accounting, credit analysis, strategy etc. Mr. Salim completed his MBA from University of Dhaka. He is also one of the few CFA charter holders in Bangladesh who completed all three levels of CFA exams at a stretch.

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Fahim Hassan

Research Analyst

Fahim Hassan previously worked as Research Analyst at UniCap Securities Limited from December 02, 2018 till September 15, 2021. He has completed his B.B.A and M.B.A from Department of Finance, University of Dhaka in 2016 and 2018 respectively. He also passed his CFA Level 1 exam. 


Hossain Zaman Towhidi Khan

Research Analyst

Hossain Zaman Towhidi Khan joined BRAC EPL Stock Brokerage as a Senior Research Associate in August 2022 and currently working as Research Analyst. He has over three years of work experience in Egypt, covering MENA and North American markets. Before joining BRAC EPL, he worked as an Equity Analyst in Prime Securities, Egypt. He completed his BBA from Atish Dipankar University of Science & Technology. He passed CFA level 1 exam and completed Financial Modeling & Valuation Analyst (FMVA®) certification from Corporate Finance Institute (CFI).


Billal Hossain

Research Analyst

Mr. Billal Hossain joined BRAC EPL Stock Brokerage in March 2022 as a Research Associate and currently working as Research Analyst. He has completed his BBA and MBA from Department of Finance, University of Dhaka in 2019 and 2020 respectively with academic excellence. He has worked as intern in the Risk Management Division of BRAC Bank Limited. He passed his CFA Level 2 exam in May 2023. He also completed a course on Technical Analysis from Bangladesh Institute of Capital Market (BICM). He was one of the finalists of Invest Maestro (2018) and CFA Research Challenge (2019).


Foysal Ahmed

Research Associate

Mr. Foysal Ahmed joined BRAC EPL Stock Brokerage in September 2023 as a Research Associate. Before joining here, he had a very diversified industry exposure and experiences more than 5 years for both local and MNC companies and worked there at a different level of position. He passed the CFA L1 and CFA L2 in 2022 and 2023 respectively. He completed his MBA in Finance from North South University in 2022 followed by the B.Sc. in EEE from East West University in 2015.


S M Toufique Imran

Research Associate

S M Toufique Imran joined BRAC EPL Stock Brokerage in November 2023 as a Research Associate. Prior to this role, he worked as an Equity Research Intern in the research team of BRAC EPL Stock Brokerage. In 2023, he completed his B.B.A from the School of Business & Economics at North South University, majoring in Finance & Economics. Additionally, he was recognized as one of the finalists in the CFA Research Challenge (2023).