A K Khan & Company

Last updated
A.K. Khan & Company Ltd.
Company type Conglomerates
Industry Tire
Agro
Textile Mills
Forestry
Shipping
ICD logistics
Stock and Securities
Telecom & IT
Hotel & Hospitality
ICT & logistics
Founded1945;79 years ago (1945)
Founder Abul Kashem Khan
HeadquartersAk Khan Mor, ,
Area served
Worldwide
Key people
Total assets 5.3 billion USD
Number of employees
7,000
Website www.akkhan.com

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]

Contents

History

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

NamePositionReference
A. M. Ziauddin KhanChairman [21]
Abul Kasem KhanVice-Chairman [21]
K A M Majedur RahmanChief executive officer [21]
A. K. Shamsuddin KhanDirector [21]
Yasmine Khan KabirDirector [21]
Sadruddin KhanDirector [21]
Mikhail Idris IslamDirector [21]
Mujtaba Ali KhanDirector [21]

Subsidiaries

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References

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