A K Khan & Company
Bangladeshi conglomerate From Wikipedia, the free encyclopedia
A K Khan & Co. Ltd. is a Bangladeshi conglomerate headquartered in Chittagong. It was established in 1945 by Abul Kashem Khan during the Second World War.[1][2][3][4][5]
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 | |
| Company type | Conglomerates |
|---|---|
| Industry | Tire Agro Textile Mills Forestry Shipping ICD logistics Stock and Securities Telecom & IT Hotel & Hospitality ICT & logistics |
| Founded | 1945 |
| Founder | Abul Kashem Khan |
| Headquarters | Ak Khan Mor, , |
Area served | Worldwide |
Key people |
|
| Total assets | 5.3 billion USD |
Number of employees | 7,000 |
| Website | www |
History
Summarize
Perspective
A K Khan & Company established in 1945 by Abul Kashem Khan in Chittagong, which became the main port of East Pakistan after the Partition of India.[6] Khan was the Minister of Industries in the government of Pakistan from 1958 to 1962.[7] In the 1950s, Khan expanded into jute, insurance, textile, tannery, heavy industries, shipping, irrigation, and plywood.[6]
After the death of Khan in 1991, A. M. Zahiruddin Khan took over the management of A K Khan & Company.[8] In 1997, A K Khan and company launched AKTEL, a joint venture telecommunication service with Telekom Malaysia.[9]
Zahiruddin died in 2005 and was succeeded by A. K. Shamsuddin Khan.[10]
In June 2008, A K Khan & Company sold its 30 percent stake in AKTEL to NTT Docomo of Japan for 350 million USD.[11][12] The company announced the start of construction of a hotel in Chittagong in November 2009.[13]
In November 2014, A K Khan and Company received permission to build a economic zone in Narsingdi District.[14]
A. K. Shamsuddin Khan retired as chairman of A K Khan & Company retired in 2015 and was replaced by Zebun Nahar Islam.[15]
A K Khan & Company announced it will establish a tire plant under joint collaboration with Indian company CEAT in January 2016.[16] The company is also building a private sector Special Economic Zone in Narsingdi.[17]
In October 2020, KAM Majedur was appointed chief executive officer of A K Khan & Company.[18]
A. M. Ziauddin Khan succeeded Zebun Nahar Islam as chairman of the group in 2023.[15][19] A K Khan Economic Zone in 2023 was awaiting a gas connection from Titas Gas to begin operation.[20]
Board of directors
| Name | Position | Reference |
|---|---|---|
| A. M. Ziauddin Khan | Chairman | [21] |
| Abul Kasem Khan | Vice-Chairman | [21] |
| K A M Majedur Rahman | Chief executive officer | [21] |
| A. K. Shamsuddin Khan | Director | [21] |
| Yasmine Khan Kabir | Director | [21] |
| Sadruddin Khan | Director | [21] |
| Mikhail Idris Islam | Director | [21] |
| Mujtaba Ali Khan | Director | [21] |
Subsidiaries
- A K Khan WaterHealth (Bangladesh) Limited[22]
- CEAT A K Khan Limited[23]
- AK Khan Penfabric Company Limited[24]
- M.Y. & Union (BD) Limited[25]
- Coats Bangladesh Limited[26] (joint venture with Coats Group)[27]
- Bengal Fisheries Limited[28]
- Akceycom Limited[29]
- Andhar Manik Tea State[30]
- A. K. Khan Jute Mill[31]
- Chittagong Textile Mills Limited[32]
- A.K. Khan Match Factory[33]
- A.K. Khan Rubber Plantation[34]
- A. K. Khan Plywood Factory[35]
- A. K. Khan & Company Limited Clearance and Forwarding Division[36]
- A. K. Khan Cold Storage Limited[37]
- A. K. Khan Securities Limited[38]
- A. K. Khan Telecom Limited[39][40]
- Infocom Limited[41]
- A K Khan Economic Zone[42]
- A.K. Khan Container Terminal[43]
- AKK Logistics & Distribution Limited[44]
- Niketan Hotel and Resort, Chittagong[45]
- AKK Real Estate Limited[46]
- A.K. Khan Tower[47]
References
External links
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