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Mr. Mahbubul Alam was born in the year 1958 at Chattogram. He obtained B.A (Hons.) and Masters degree in Sociology from Chattogram University in the year 1979 and 1980 respectively. He started his business after completion of his education and established himself as successful entrepreneur. His business affiliation includes life and non-life Insurance, Steel Industry, Trading of various commodities.

Mr. Mahbub has been elected as the President of Chattogram Chamber of Commerce Industry (CCCI) and Vice President of the Federation of Bangladesh Chambers of Commerce & Industry (FBCCI), Vice President of Eastern Indian Confederation of Chamber and he is also the Chairman of Diamond Life Insurance Company Limited. Mr. Alam is associated actively with good number of socio- cultural organizations.