Profile and Background

Md. Shafayet Alam is a visionary entrepreneur and business leader recognized for his transformative contributions to the financial technology sector in Bangladesh. He holds nearly 29 years of experience leading companies across telecommunications, electronics, corporate affairs, marketing, PR and communications, information technology (IT), and digital financial services (DFS). As a co-founder and shareholder of Nagad Ltd., which is one of Bangladesh's largest mobile financial service platforms, he was instrumental in revolutionizing the financial landscape, driving mass financial inclusion among the Bangladeshi population, and empowering millions in underserved communities to access banking facilities. Today, Shafayet is developing and running his business at Starseed Technologies LLC in Dubai, UAE.

MD. Shafayet Alam
Founder & Chairman - Starseed Technologies LLC UAE
Born 16 October, 1977
Place Bangladesh
Ventures
    Starseed Technologies LLC UAE - Founder & Chairman

Nagad Ltd. - Co-Founder & Shareholder
Business Type Information Technology and Financial Technology
Nationality Bangladeshi
Md. Shafayet Alam

WORK EXPERIENCE

Founder and Chairman, Starseed Technologies LLC UAE

2022 – Present

  • Strategic Vision and Mission Stewardship: Champions the foundational values and original identity of the company while defining the long-term, macro-level direction for future growth.
  • Board Leadership and Governance: Shapes meeting agendas, presides over all board sessions, and ensures the organization strictly complies with its legal, regulatory, and fiduciary responsibilities.
  • CEO Oversight and Advisory: Leads the selection, evaluation, and compensation structure for the CEO while acting as a trusted mentor and high-level sounding board for executive leadership.
  • Capital Allocation and M&A Strategy: Approves major corporate financial decisions, including fundraising rounds, joint ventures, and potential mergers or acquisitions.
  • Investor and Stakeholder Relations: Functions as the primary link between the board and equity shareholders to maximize value creation and ensure transparent financial reporting.
  • Succession Planning and Continuity: Directs long-term risk management by developing proactive leadership succession plans for the CEO and key board positions.
  • Brand Ambassadorship: Represents the organization publicly as the chief face for high-level public relations, industry keynotes, and strategic global partnerships.
  • Corporate Risk and Compliance Oversight: Monitors the macro-health of the company by ensuring robust internal controls are in place to safeguard assets and mitigate market risks.

Co-founder and Shareholder, Nagad

August 2017 – Present

  • Collaborated closely with organizational leadership and the Board of Directors to guide long-term operational strategy.
  • Negotiated key annual contracts and service agreements with major vendors to achieve optimal pricing structures.
  • Orchestrated the alignment of department visions, goals, and objectives with overarching corporate strategy to deliver consistently high results.
  • Steered strategic improvements across the organization to significantly enhance operational efficiencies and business scale.

Founder and Partner, GTwo Consortium

January 2018 – Present

  • Directed comprehensive business operations across the southern region of Bangladesh to drive regional market penetration.
  • Spearheaded large-scale product and service distribution networks for both Fast-Moving Consumer Goods (FMCG) and Mobile Financial Services (MFS)./li>
  • Built and managed strategic retail and agent partnerships to optimize supply chain efficiency and expand service accessibility./li>

Managing Director, Spring Communication Technology

February 2017 – Present

  • Directing high-value government infrastructure projects, including ongoing development works for the Bangladesh Rice Research Institute.
  • Managing the procurement, supply, and technical maintenance of mission-critical ICT and telecommunications infrastructure for public sector entities.
  • Serving as a trusted technology partner to national security and law enforcement agencies, including the Bangladesh Police and the Border Guard Bangladesh.
  • Overseeing custom software development initiatives and system integrations tailored for Teletalk Bangladesh Ltd.

Group Chief Executive Officer, T Asia Group

2015 – 2017

  • Directed the international voice gateway business operations originating from Bangladesh to maximize global traffic and revenue.
  • Secured seamless network connectivity and high-level operational synergy in partnership with the Bangladesh Telecommunications Company Limited (BTCL).
  • Spearheaded a landmark infrastructure project with BTCL to deploy "Triple Play" services, integrating high-speed internet, internet TV, and IP telephony.
  • Orchestrated international business investments and cross-border capital allocation strategies for T Asia Group.
  • Leveraged advanced corporate planning and inter-agency coordination skills to consistently deliver complex telecommunications projects on schedule.
  • Mitigated systemic operational risks, engineered workflow improvements, and maintained exceptional service delivery across regional business units.
  • Guided the entire organization toward its long-term strategic vision for international investment and media communication.

Director of Marketing and Corporate Affairs, Huawei Technologies

May 2008 – May 2015

  • Identified and established strategic corporate affairs objectives designed to actively support, protect, and scale the company’s market presence and business operations.
  • Developed and executed a comprehensive government affairs strategy, driving stakeholder engagement, corporate reputation management, issues and crisis resolution, strategic communications, and media relations.

Director of Marketing, ZTE Corporation

2004 – 2008

  • Coordinated with the creative team to generate dynamic marketing content and communication tools for high-impact promotional campaigns.
  • Spearheaded comprehensive market research to identify emerging branding opportunities, cement market strategies, and sustain a loyal customer base.
  • Boosted brand awareness and generated high-quality leads while directing internal and external marketing campaigns and corporate programs.
  • Orchestrated collaborative sessions with sales leadership to brainstorm new market initiatives and promotional strategies.

Sales and Marketing Manager, Limo Electronics

August 2004 – July 2008

  • Managed strategic accounts and partnerships with renowned global brands, including Mitsubishi, Braun, Sansui, Kenwood, Beetel, and Nippon.
  • Engaged directly with key client segments to cultivate strong brand rapport, maximize customer retention, and drive long-term brand loyalty.
  • Resolved complex customer challenges by identifying pain points and delivering targeted product and service solutions.
  • Optimized product positioning and inventory readiness for the sales floor to enhance visual merchandising standards and accelerate retail sales.

Head of Brands, Rangs Group

October 2001 – July 2005

  • Managed and scaled the market presence of premier, world-class brands within the corporate portfolio, including Toshiba, Canon, Pioneer, BPL, and Toshin.
  • Collaborated across cross-functional team units to consistently achieve and exceed aggressive regional sales and brand awareness targets.
  • Analyzed shifting consumer behavior and market needs to optimize product positioning and deliver elevated customer experiences.
  • Leveraged advanced critical thinking and data-driven problem-solving to mitigate operational challenges, evaluate risks, and drive strategic decision-making.
  • Cultivated an inclusive, high-performance team culture by leading collaborative initiatives to enhance workplace synergy and alignment.

Senior Executive, Sales and Marketing, Maxis Telecom

January 1998 – July 2000

  • Aligned core sales and marketing objectives with the broader corporate mission to accelerate business growth and streamline operational strategies.
  • Implemented regional market initiatives that enhanced brand positioning, optimized customer acquisition, and integrated cross-functional workflows.

Executive, TM International Bangladesh Limited

July 1997 – December 1997

  • Enabled sustainable revenue generation by actively pursuing strategic partnerships, sourcing funding avenues, and capitalizing on emerging market opportunities.
  • Optimized day-to-day operational workflows and provided cross-functional support to enhance overall business efficiency.

Senior Executive, Philips Consumer Communications UK Limited

May 1996 – July 1997

  • Streamlined regional operations to eliminate inefficiencies, maximize business productivity, and drive profitability.
  • Evaluated individual department performance metrics and collaborated closely with leadership to refine organizational processes, procedures, and corporate practices.

Md Shafayet Alam's global
business network & connections

With over 29 years of an extensive career in the telecommunications, information technology, electronics and digital financial services (DFS) sector, Shafayet is well-known as a crucial figure in the country’s business industry for his numerous accomplishments.

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Exhibiting Strategic

Exhibiting Strategic

Our organization has established itself as a reliable and stable partner

Sustainable

Sustainable

We combine the quality of services and a deep understanding of the law

Visionary Initiatives

Visionary Initiatives

An effective way to protect the client’s rights and achieve maximum results

In Corporate World

29+

Years of Experiences

EXHIBITING STRATEGIC, SUSTAINABLE & VISIONARY INITIATIVES

VISIONARY LEADER IN DIGITAL FINANCE

His strong involvement as an executive director has assisted Nagad in reaching various milestones to date. Business Tabloid has named him the “Visionary Leader in Digital Finance,” recognizing his outstanding contribution to the country’s business industry.

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