IDLC, the largest multi-product multi-segment non-banking financial institution in Bangladesh, and Exotix Capital, the leading developing markets investment platform, today announce a new partnership to provide extensive research insights and corporate access into the Bangladeshi market to global investors.
Exotix will distribute in-depth insights from IDLC via its innovative new research platform to its global subscriber base. This partnership follows additional agreements of Exotix with other industry-leading brokerages in Egypt, Zimbabwe, Saudi Arabia, Vietnam, Sri Lanka and Pakistan.
Duncan Wales, CEO of Exotix Capital said: “This partnership further develops our deep, local connections in emerging markets and enables us to provide an unparalleled level of insight. He added: “IDLC’s experience and corporate access into Bangladesh is unrivalled, and we are thrilled to start delivering their expertise to clients around the world searching for investment opportunities in that market.”
“Insightful research and corporate access give IDLC Securities unique local expertise. Exotix Capital, on the other hand, has multi-market expertise, especially in the emerging and the frontier markets. The synergy of both Companies will let the international clients make better investment decisions in Bangladesh market,” said Md Saifuddin, Managing Director of IDLC Securities Limited.
“Our network of global partners continues to grow, putting Exotix at the vanguard of emerging markets investment research and intelligence,” said Paul Domjan, Head of Research, Analytics & Data at Exotix. “One of the most established financial institutions in Bangladesh, IDLC will enable us to provide clients with the local insight and expertise they need to support their investment decisions in one of the region’s most dynamic developing economies.”
In the realm of global corporate leadership, one name resonates loudly across industries and regions: Indra Nooyi, the former CEO of PepsiCo. Hailing from the diversified India, Indra changed the face of PepsiCo when the brand was witnessing dwindling popularity. After she stepped down as the CEO after 24 glaring years in PepsiCo., market analysts are terming the position “very hard to replace” in wake of Indra’s bold and thoughtful leadership style.
This year, the theme for International Women’s Day is aptly kept- #BalanceforBetter. In Bangladesh, Ready Made Garments (RMG) has been the frontrunner in empowering females, where 4 million women found their earning source. Over the years, SME sector has also witnessed surge in active women entrepreneurs, who are highly motivated and aspired to take their business to a whole new level. The growing participation of young female entrepreneurs in F-commerce realm also deserves accolades. In corporate level, however, an unbalanced trend is discerned as we move up along with the hierarchy ladder. Female employees start falling out as they move to the mid-level in career and start having their own family responsibilities, resulting in a vacuum in top leadership positions. In many research and survey conducted internationally, it has been reflected that women make difference in the boardroom and in the company culture when they are put at helm of a company. It is high time, local corporates should recognize the fact and start working on the female potentials to the betterment of the company and coming up with suitable initiatives and facilities for them. Perhaps, down the line, Bangladesh may give birth to a number of Indra Nooyi’s who will change the face of the total economic scenario with their prudent leadership skills.Download View