UK-based economy journal ‘Business Tabloid’ has named Executive Director of Nagad Limited, Md. Shafayet Alam, as ‘Visionary Leader in Digital Finance’.

Md. Shafayet Alam, is the first individual from the Bangladesh fintech industry to get this accolade in the area of leadership.

Since 2019, ‘Business Tabloid’ recognizes globally renowned personalities based on their merits and the expertise they hold in their respective industry. Every year, nominations are evaluated by an independent committee chosen by the publication based on various criteria such as innovations, accomplishments, leadership, and contributions.

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This year, the publication honored and awarded 10 prominent leaders from all across the world who strived hard to bring revolutionary changes to their economies.

Shafayet, has over 26-year of an extensive career in the telecommunications, information technology, electronics and digital financial services (DFS) sector.

Expressing his thoughts on receiving the award, Md. Shafayet Alam, said he is honored and delighted that the prestigious publication recognized his contribution.

“Nagad has launched a number of game-changing initiatives that have significantly impacted the country's financial business environment. I am proud to have helped the journey of the world's fastest-growing fintech company,” he said.

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Notable award winners in 2022 include Mr. Matteo Boffa of Thaely, UAE, in the ‘Green Entrepreneur of the year’ category, Mr. Shahid Yousaf of SY Capital Estates – UAE in the ‘Outstanding Contribution towards Real Estate Industry’ category, Mr. Shahid Yousaf of SY Capital Estates – UAE in the ‘Outstanding Contribution towards Real Estate Industry’ category, Dr. Shanavas Koya of ADNOC Distribution – UAE in the ‘Best HR Transformational Leader’, Mr. Zaid Al Abdullatif from Oman in the ‘Outstanding contribution in the Banking Sector’ category, Mr. Christian Patouraux of Kacific Broadband Satellites Ltd – Singapore as the ‘Best Satellite Executive’, Mr. Abay Sarkulov of Development Bank of Kazakhstan in the Best Banking Chairman category, and many others.

Earlier in 2020 Business Tabloid awarded Nagad, as ‘the best digital financial service provider of 2020’.