Rezakul Haider has been elected chairman of the board of directors of Islamic Finance and Investment Limited, said a press release. The decision was taken at the 266th board of directors meeting held on Tuesday.

Rezakul is a sponsor director of IFIL and was the chairman of the executive committee.

After completing his graduation from Chittagong University, Rezakul started his career as a businessman in 1982.

He is the founder and current chairman of the Youth Group.

He is also the chairman of Youth Fashion Ltd, Youth Garments, Petromax LPG Ltd, Petromax Cylinder Ltd, Comfit Composite Knit Ltd, Sahajibazar Power Company Ltd.

He also serves at the vice-chairman of Zenith Islami Life Insurance Ltd, director of Midland Power Ltd and Midland East Power Ltd and a board of trustee member of Eastern University.