Cover Story: New Icons of the Advisory Industry
Presenting:
Hasan Imam Siddiki, FCA, FCS
Managing Partner
Hasan Mohin, Chartered Accountants
Few names resonate with the blend of expertise, ethics, and innovation as profoundly as Hasan Imam Siddiki, FCA, FCS. From his formative years as an aspiring accountant to becoming the Managing Partner of Hasan Mohin Chartered Accountants, his journey exemplifies dedication, strategic foresight, and an unwavering commitment to excellence.
Mr. Hasan’s career is a testament to perseverance and vision. A gold medalist from the University of Rajshahi, he has achieved remarkable milestones, including becoming a Fellow Chartered Accountant and Chartered Secretary. With a rich portfolio of experience spanning corporate finance, mergers, and strategic advisory, his leadership has been instrumental in redefining standards in Bangladesh’s financial sector.
Guided by a deep sense of integrity and an insatiable thirst for knowledge, Mr. Hasan’s approach to leadership is as much about empowering his clients as it is about mentoring the next generation of professionals. His ability to navigate diverse industries—from manufacturing to real estate—while maintaining an unwavering commitment to quality has cemented his firm’s reputation as a trusted advisor in a competitive market.
But Mr. Hasan’s story is more than just professional accolades. It’s about resilience, values, and a relentless pursuit of meaningful impact. Whether it’s his passion for lifelong learning or his dream to establish a foundation for the underprivileged, he embodies a rare blend of ambition and humility.
In this exclusive interview with The InCAP, Hasan Imam Siddiki shares his inspiring journey, insights on the evolving role of accountants, and wisdom for aspiring leaders. We invite our esteemed readers to delve into this captivating conversation with one of the brightest icons of the advisory industry.
Exclusive Interview with
Hasan Imam Siddiki, FCA, FCS
The InCAP: Mr. Hasan Imam Siddiki, your inspiring career journey, from Manager of Accounts at Youth Group to Managing Partner at Hasan Mohin Chartered Accountants, reflects your dedication, expertise, and visionary leadership. Could you highlight the pivotal experiences and milestones that have shaped your professional evolution and prepared you for this distinguished leadership role?
Hasan Imam Siddiki: My career journey has been shaped by a combination of academic passion, family support, and mentorship, leading me to my current role as a corporate leader. My academic path began in the science group during my Secondary School Certificate (SSC) exams, but I eventually shifted to the Business Studies group with the aim of becoming a Chartered Accountant. This decision was greatly influenced by my uncle, a professor in the Management Department, whose unwavering support and encouragement gave me the vision to pursue a career in accounting.
After completing my Higher Secondary Certificate (HSC), I was admitted to the University of Rajshahi, majoring in Accounting and Information Systems. Upon completing my BBA and MBA, I joined the Chartered Accountancy program at Grant Thornton International (Howladar Yunus & Co., Chartered Accountants), where I was mentored by Mr. Jahidur Rahman, FCA. His guidance during my training years was invaluable in shaping my professional journey.
After qualifying as a Chartered Accountant, I sought an opportunity with a multinational corporation (MNC), driven by my ambition to work in the global business environment. However, fate had other plans. During an audit assignment with Youth Group, I had the opportunity to attend the closing meeting of an audit, where I caught the attention of the Managing Director, the late Mr. Feroz Alam. His persuasion and belief in my abilities led him to offer me the position of Manager-Finance & Accounts. Despite my initial reluctance to join, due to my MNC aspirations, Mr. Feroz’s convincing leadership inspired me to accept the offer.
Under Mr. Feroz Alam’s leadership, I was appointed Group Finance Manager for Youth Group, which operates in a diverse range of industries, including power plants, oil refineries, textiles, garments, and LPG bottling. This role offered a steep learning curve, as I had to navigate the financial complexities of multiple sectors simultaneously. The experience was both challenging and rewarding, allowing me to gain comprehensive knowledge of diverse industries while refining my leadership and management skills.
One of the key individuals who has contributed significantly to my growth as a corporate leader is Mr. Faridul Alam, the current Managing Director of Youth Group. His mentorship and ability to create opportunities for career progression have played an instrumental role in my development. His support has been critical in shaping my vision and advancing my career in the corporate world.
Reflecting on my journey, I am deeply grateful for the guidance of my family, mentors, and colleagues who have helped shape my path. Their belief in me, coupled with the rich learning experiences in diverse industries, has equipped me to take on leadership roles and contribute meaningfully to the corporate sector.
Hasan Mohin, Chartered Accountants, has established itself as a trusted name in the financial and advisory sectors. Could you share the story behind the firm’s inception? What motivated you to create it, and what challenges did you face in building such a reputable organization?
The story of Hasan Mohin, Chartered Accountants is one of vision, perseverance, and a commitment to excellence. The firm was founded to provide comprehensive, reliable, and innovative financial and advisory services in an ever-evolving business landscape.
The Inception
Recognizing a gap in the market for personalized, client-focused professional services, my partners and I laid the foundation of the firm H. I. Siddiki & Co., Chartered Accountants. Drawing from diverse experiences in corporate finance, auditing, and strategic planning, we envisioned creating a trusted practice that empowers businesses to thrive. After joining of Mr. Shah Md. Mohin Uddin, we renamed our firm name Hasan Mohin, Chartered Accountants subsequently.
Motivations Behind the Creation
We were driven by the desire to help organizations navigate financial complexities while ensuring compliance and sustainability. Upholding the highest ethical standards, fostering innovation through modern practices, and mentoring aspiring professionals were integral to our mission.
Challenges Faced
Starting the firm came with significant hurdles. Building a client base requires relentless effort to establish credibility in a competitive market. Setting up operations meant navigating regulatory requirements, assembling a skilled team, and ensuring professional compliance. Balancing short-term needs with long-term growth goals demanded careful planning and adaptability.
The Turning Point
As clients began to recognize the value of our personalized services, the firm gained traction. Each successful project reinforced our reputation, transforming challenges into opportunities for growth.
The Journey Forward
Today, Hasan Mohin Chartered Accountants stands as a testament to resilience and dedication. The journey has been about more than overcoming obstacles—it has been about continuously evolving to meet client needs and contributing positively to the financial ecosystem.
Given the complexities of the global financial environment, what major challenges do you foresee for accounting firms in Bangladesh, and how is Hasan Mohin positioning itself to thrive in an increasingly interconnected world?
Accounting firms in Bangladesh face significant challenges in the global financial landscape, including adapting to international standards, managing technological integration, and navigating complex regulations. The rise of digital transactions and cross-border trade requires firms to adopt advanced technology while ensuring compliance with local and global rules. Talent retention and development in a competitive market are also key hurdles.
Hasan Mohin Chartered Accountants is proactively addressing these challenges by staying ahead of regulatory changes and adopting international best practices. We invest in cutting-edge technology like automation and cloud-based solutions to enhance efficiency and accuracy. Additionally, we foster a culture of continuous learning and professional growth through workshops, certifications, and mentorship programs to develop talent.
By combining innovation with expertise and upholding ethical standards, Hasan Mohin aims to thrive as a trusted partner for businesses navigating financial complexities in Bangladesh and globally, positioning itself for success in a dynamic industry.
Hasan Mohin serves clients across various industries. Mr. Hasan, how do you ensure that the firm’s services are adaptable to the unique demands of diverse sectors, while maintaining a consistent standard of excellence?
At Hasan Mohin Chartered Accountants, adaptability and excellence are central to our service delivery. Serving clients across industries—such as manufacturing, retail, technology, and real estate—requires an understanding of sector-specific challenges and opportunities. Here’s how we ensure our services meet these demands while maintaining excellence:
Industry-Specific Expertise
We build specialized knowledge within our team, assigning professionals with relevant experience to specific sectors, and ensuring informed and practical recommendations.
Customized Solutions
We tailor our services to meet the unique needs, goals, and regulatory requirements of each industry, addressing client challenges effectively.
Continuous Learning
Our team stays updated on industry trends, technological advancements, and regulatory changes through regular training and certifications.
Quality Assurance
We uphold a rigorous quality control framework, including standardized processes, meticulous reviews, and client feedback mechanisms to ensure consistency and excellence.
By blending sector-specific insights with a commitment to quality and innovation, Hasan Mohin delivers exceptional value to our diverse clientele.
With your extensive experience in corporate finance and mergers & acquisitions, how have you seen the role of chartered accountants evolve in Bangladesh’s increasingly complex business landscape, particularly in advisory and strategic decision-making?
The role of chartered accountants (CAs) in Bangladesh has evolved from traditional accounting and compliance to key players in advisory and strategic decision-making. As businesses face increasing complexity due to globalization, technological advancements, and dynamic regulations, CAs are now trusted advisors rather than just auditors.
Expanded Advisory Role
CAs are deeply involved in mergers and acquisitions, helping businesses identify synergies, conduct due diligence, and structure transactions. They provide insights on tax optimization, risk management, and financial modeling to support informed decision-making.
Strategic Contributions
CAs play a critical role in shaping corporate strategies, and aligning financial goals with long-term objectives. They offer scenario analysis, forecasting, and performance evaluation to navigate uncertainties and seize opportunities.
Technology Integration
The integration of digital tools has elevated the CA’s role. They are now key advisors in implementing automation, data analytics, and ERP systems to drive efficiency and strategic insights.
As businesses in Bangladesh grow more sophisticated, the CA profession will continue to guide organizations toward sustainable growth and resilience.
Mr. Hasan, throughout your illustrious career, what personal values or philosophies have influenced you most? How have these principles shaped your leadership style and professional journey?
Throughout my career, several core values and philosophies have guided me, shaping my leadership style and professional journey:
I believe that trust is the foundation of any professional relationship. Upholding the highest ethical standards has been central to every decision I’ve made, ensuring that clients, colleagues, and stakeholders can rely on me for honesty and transparency.
I am deeply committed to lifelong learning. The financial world is ever-evolving, and staying updated with new knowledge, regulations, and technologies has enabled me to adapt and lead effectively in a competitive environment.
I value teamwork and the collective strength of diverse perspectives. Fostering a collaborative environment has not only improved outcomes but also empowered my team to take ownership and grow professionally.
Challenges are inevitable, but I view them as opportunities for growth. This philosophy has helped me remain focused and solution-oriented, even in difficult circumstances, whether managing financial constraints or navigating complex client requirements.
Understanding and addressing the unique needs of each client has been at the heart of my practice. This commitment to excellence and personalized service has helped build lasting relationships.
These principles have shaped my leadership style into one that prioritizes ethical excellence, continuous growth, and meaningful impact in both my professional and personal endeavors.
With your profound expertise in the industry, what critical skills and qualities do you believe will define the next generation of accountants and financial leaders, enabling them to navigate the complexities of today’s dynamic global phenomenon?
The next generation of accountants and financial leaders must combine technical expertise, strategic thinking, and adaptability to navigate today’s dynamic global environment. Here are the critical skills and qualities for success:
Technological Proficiency
Mastery of emerging technologies like data analytics, AI, blockchain, and cloud computing is essential. Financial leaders must use digital tools to enhance efficiency, accuracy, and decision-making.
Strategic Thinking
Leaders must interpret financial data to drive strategies. Skills in forecasting, scenario planning, and risk assessment are critical for navigating uncertainties.
Strong Ethical Foundation
Upholding integrity and transparency remains essential. Leaders must balance profitability with ethical responsibility.
Adaptability and Resilience
The ability to adapt to regulatory, market, and technological changes will be vital. Resilience in challenges will set successful leaders apart.
Global Perspective
Understanding cross-border trade, international tax laws, and cultural nuances will be key to operating in a globalized economy.
Effective Communication
Leaders must present complex financial information clearly to non-financial stakeholders to influence decisions.
Leadership and Collaboration
Building and leading diverse teams, fostering collaboration, and mentoring talent are crucial for success.
By developing these skills, the next generation will be equipped to navigate complexities, drive innovation, and lead their organizations to sustainable growth.
Mr. Hasan, as you reflect on your exceptional career and the achievements that have defined it, what key words of wisdom would you like to share with our esteemed readers?
Reflecting on my journey, I’ve learned that success is defined by the principles and perseverance that guide you. Here are a few words of wisdom for your esteemed readers:
Integrity is Non-Negotiable
Always uphold honesty and transparency. Trust is hard-earned but invaluable in building lasting relationships and a solid reputation.
Embrace Continuous Learning
The world is ever-changing, so stay curious, adapt to new knowledge, and embrace innovation to remain relevant and effective.
Lead with Purpose
True leadership empowers others. Share knowledge, mentor the next generation, and strive to leave a positive impact.
Resilience Defines Success
Challenges are inevitable. Face them with determination, learn from setbacks, and let resilience propel you forward.
Value Collaboration
Great achievements are rarely solitary. Foster teamwork, respect diverse perspectives, and build a network of like-minded individuals who inspire and support you.
Stay Client-Centric
Understand and prioritize the needs of those you serve. Deliver excellence consistently, and your dedication will always set you apart.
Success is a journey of purpose, passion, and persistence. Let your values guide you, and you’ll find fulfillment in both professional and personal growth.
Quick Chat with
Mr. Hasan
The greatest achievement of your life as of now:
The successful establishment and growth of Hasan Mohin Chartered Accountants into a trusted name in the financial and advisory sectors.
How do you personally define patriotism:
In my perspective, patriotism is fulfilling one’s responsibilities with integrity and honesty while adhering to the legal framework of the country.
The greatest philosopher in your view:
Abu Nasr Muhammad al-Farabi – A renowned philosopher and polymath. He integrated Aristotelian logic with Neoplatonism and was particularly influential in political philosophy. His work on the ideal state and ethics continues to be widely studied.
Meaning of “Success” to you:
Contributing to the well-being of others
Your Icon:
Prophet Muhammad (PBUH)
Favorite Poet and Author:
Jashim Uddin for his “Asmani Poem”
Name the most influential books you have read:
“The Power of Habit” by Charles Duhigg
Your childhood dream profession:
Teacher
The best gift you’ve ever received:
My two daughters SININA & MUNAJAT
Your greatest fear:
Fear of non-acceptance of our daily prayer to the Almighty.
What motivates you:
Continuous learning.
What’s a talent or skill you wish you had, but don’t yet:
A Mufassir-E-Quran
The Best piece of advice you’ve ever received:
Don’t run behind money, run behind quality.
How you wish to be remembered after death:
I want to establish a charity foundation for disadvantaged people.
You in only three words:
Emotional, Merciful, Family-man.
Highlights of Mr. Hasan’s Achievements, Merits, and Honors:
- Gold Medel Awarded from the University of Rajshahi for Academic results.
- Become a Fellow Chartered Accountant
- Become a Fellow Chartered Secretary
- Become an Associate Chartered Accountant in England & Wales
- Qualify for the ICAEW Pathways to Membership Exam
Here’s to a Thriving 2025
“Let the New Year bring renewed energy, abundant joy, and countless reasons to smile.
Happy New Year 2025!”
The InCAP: Thank you, Mr. Hasan, for sharing your invaluable insights. We look forward to the continued success of Hasan Mohin Chartered Accountants and the lasting impact you will make on the industry.
Hasan Imam Siddiki: It has been an absolute pleasure sharing my journey and vision with The InCAP. I am deeply grateful for this opportunity and look forward to contributing further to the industry with integrity, innovation, and excellence. Thank you for your support and kind words!
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