ABUL KHAIR GROUP FOUNDER : LATE MR. ABUL KHAIR
In 1948, a young man left village home at Nateswar of Noakhali district in search of a better fortune with little money in his pocket but a big dream. He arrived in Chittagong and settled in a retail business job at Pahartali. He spent couple of years working and studying the dynamics of retail trade. Then he opened a retail outlet himself. He also got interested in a cottage tobacco operation near his workplace. After a few years in 1953 he decided to venture himself with a small cottage tobacco business (bidi) named after him. He started small with only a few workers in a single room and personally supervised material procurement, making and distribution operation. This is the day the seed of the country’s one of the largest business conglomerates was sewn by our Founder.
With determination and hard work his business flourished rapidly and he accumulated sufficient capital to diversify in other businesses. He was a smart entrepreneur who always scanned for new opportunities and had the courage to pursue new business completely unknown to him. He soon entered in the construction business by acquiring a Brickfield. He subsequently invested in two cottage handlooms. Abul Khair Group corporate office stands tall today where bidi factory and handlooms were located. By the year 1964 he was also engaged in import business with licensing arrangement. After independence he gradually became a major importer of steel plate, cement, coconut oil, milk, cigarette paper etc. Interestingly, Abul Khair Group today is one of the leading manufacturers of most of the products our founder started off as an import business. During his 25 years as business entrepreneur, he ventured in many diverse businesses before he expired prematurely in 1978 at the age of only 46 years.
His legacy however lives on in AKG’s entrepreneurial spirit and in its courage to venture in unknown. His virtues of learning quickly and staying connected with the grass-roots remain firmly embedded in AKG business culture. The self-made life of Abul Khair Group Founder remains an inspiration for all young men and women who is determined to work hard to realize their dreams.
GROUP AT A GLANCE
MISSION & VALUES
BOARD OF DIRECTORS
Mr. Abul Kashem
Mr. Abul Kashem is the Chairman of the Group. He is the eldest son of Group Founder Late Mr. Abul Khair. He holds a Bachelor of Arts degree from the University of Chittagong and joined the business after the sudden death of his father in 1978. Under his leadership Abul Khair Group has become one of the largest industrial conglomerates of Bangladesh. He is one of the pioneers of large-scale industrial complex in Bangladesh. As the Chairman of the Group his focus is in deciding long term strategic and business direction for the Group. He is one of the founder life members of North South University, a reputed private university in Bangladesh.
GROUP MANAGING DIRECTOR
Mr. Abul Hashem
Mr. Abul Hashem is the Managing Director of the Group. He is the second son of the Group Founder. He holds a Bachelor of Arts degree from the University of Chittagong. He holds the Managing Director position in almost all the companies of the group. He is looking after group administration, development and CSR activities in addition to performing the responsibilities as Managing Director.
GROUP DEPUTY MANAGING DIRECTOR
Mr. Abu Syed Chowdhury
Mr. Abu Syed Chowdhury is the Deputy Managing Director of the Group and the third son of the Group Founder. He holds an MBA from University of Chittagong. He is responsible for driving the Group business operation, including manufacturing, sales and other support functions. He is the President of Chittagong University MBA Association.
Mr. Shah Shafiqul Islam
Mr. Shah Shafiqul Islam is the Director of the Group. He is the fourth son of the Group Founder. He holds a Master of Commerce degree from the University of Chittagong. He is looking after the Steel Long and Flat Marketing Operation, Transport and Baby Food Business of the Group.