About

REFin Associates is a financial consultancy firm based in Bangladesh. We are dedicated to building long-term partnerships with best-in-class local entrepreneurs and medium-sized businesses, providing them with the strategic capital and expertise needed to achieve sustainable expansion. We aim to generate superior, risk-adjusted returns for our investors while upholding the highest standards of integrity, transparency, and positive social impact in all our activities.

Our range of services and solutions includes:

  • Equity Capital Raising
  • Deal Sourcing & Advisory
  • Investor Services & Exit Management
  • Financial Strategy & Transformation
  • Efficient Finance Operations
  • Effective Decision Support
  • Fund Procurement & Corporate Finance
  • Statutory Compliance & Corporate Advisory

Our Vision

To be the most trusted and innovative financial partner for a new generation of global and Bangladeshi investors and enterprises, recognized for our role in shaping a more prosperous and financially secure future for our nation.

Our Mission

To be a catalyst for Bangladesh’s economic growth by providing sophisticated financial management and arranging transformative private equity investments.

Core Values

  • Integrity & Transparency: We operate with unwavering honesty. Our clients will always understand our fees, the risks involved, and the rationale behind our recommendations.
  • Client-Centricity: Our clients’ success is the ultimate measure of our own. We listen deeply and build strategies around their unique goals, not one-size-fits-all products.
  • Expertise & Innovation: We are committed to continuous learning and leveraging cutting-edge financial tools to navigate both local and global markets effectively.
  • Prudent Stewardship: We prioritise the long-term preservation and growth of capital over short-term, high-risk speculation.
  • Partnership: We view our relationship with clients as a long-term collaboration built on mutual respect and shared success.

Who We Are

Meet Our Leadership Team

Our team’s diverse expertise ensures that we deliver trusted, strategic, and impactful solutions for our clients and partners.

Syed Mojibul Huq, Chairman, REFin Associates

Syed Mojibul Huq

Chairman

  • 30+ years of experience in several ministries: Health, Information and Communication Technology (ICT), Finance, Bangladesh Planning Commission, Ministry of Local Government and Rural Development, and Co-operative Liberation War Affairs
  • 2+ years of experience to work as an advisor to the Nutrition Section, UNICEF-Bangladesh
  • 2+ years of experience to work as a Senior Officer (Equity Management) of Pubali Bank
  • 2+ years of Experience as a lecturer of Statistics at Chittagong College, Chittagong
  • Expertise in equity funding for startups
Dr. Aung Ching Thowai (Gem), Managing Director, REFin Associates

Dr. Aung Ching Thowai (Gem)

Managing Director

  • 11+ years of experience to work as a Nutrition Specialist and Public Health Expert with UNICEF-Bangladesh
  • Experience in program design, implementation, monitoring, and evaluation, particularly in resource mobilisation, donor relations, and multi-sectoral coordination
  • Demonstrated expertise in managing large-scale projects, coordinating with international organisations (e.g, UNICEF), and building partnerships with government and non-government stakeholders