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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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Anika Mafiz

Research Analyst

Ms. Anika Mafiz joined BRAC EPL Stock Brokerage as a Research Analyst in January 2021. She has worked extensively in both local and international investment teams. Prior to joining BRAC EPL, she worked as a consultant in CWT Asset Management Company. Before that, she worked as a consultant in the Investment team of Financial Institution (FIG) in International Financial Corporation (IFC), a sister concern of World Bank. Prior to that, she worked as a Research Analyst in UCB Capital Management Limited as the Bank and Telco Analyst. She started her career in Impress Capital Limited, an asset management company, as an Investment Associate. She has also worked as a Research Associate in Bluk Consultant, a financial consultancy firm specializing in startup valuation. She was one of the leading members of Runners-up team of CFA Research Challenge in Bangladesh 2016. She completed her BBA from University of Dhaka, majoring in Finance. She is a CFA Level III candidate.

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Sadman Sakib

Research Analyst

Sadman joined BRAC EPL Research in early 2016 and has more than five and a half years of equity research experience as a sell-side analyst. He is currently covering the listed FMCG and Consumer Electronics stocks in the Dhaka Stock Exchange. He previously served the research team covering closed-end Mutual Funds & the Ceramic Industry. His research experience also includes conducting research on different topics within the domestic and international markets. Sadman received his B.Sc. in Electrical & Electronic Engineering with a major in Electronics from North South University.

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Md Mahirul Quddus

Research Associate

Md Mahirul Quddus joined BRAC EPL Stock Brokerage on February 2019. Prior to that he has worked in Standard Chartered Bangladesh as an Assistant Relationship Manager for eight months where he has performed credit analysis of the corporate clients. Currently he is covering the Financial & the Telecommunication Sector and also overseeing deliverables such as weekly mutual fund report, daily market update etc. In addition to that, he contributes in macro analysis and also delivers the weekly macro update. He received his BBA, major in finance, from Institute of Business Administration (IBA), University of Dhaka. He was one of the leading members of the First Runner-up team of CFA Institute Research Challenge in Bangladesh 2017-18. He is also a CFA Level III Candidate.

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