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Management Progress

Md. Saiful Alam (S.Alam) initiated these processes and he is the founder for the group as well as now the position of Chairman and Managing Director of the Group. Mr. Alam is also Chairman of the First Security Islami Bank Ltd. and Oman Bangladesh Leasing and Finance Ltd. Director of Northern General Insurance Co. Ltd. Since inception owner group’s dedication in the business was very effective. Initially Mr. Alam was started and subsequently his nearest and dearest capable relatives have entered in the group business and administration. In course of selected of key personnel and executive there have no such reference of nepotism and always took opportune decision not only in employment, but also in business selection. Now the group has been serving by a group of professionals consisting of experienced Engineer’s on believe Accountants, Cost and management Accountants, M.B.A. Lawyer’s HR professionals. Manpower turnover in the group is negligible on believe having good and dynamic HR policies in the Group.

In the long Journey of the Group, the owners and management got vast in selective categorised experienced in trading commercially then small scale industries, then medium scale industries and now a days implemented or under process large scale industries by the efficient, highly qualified, experience and dynamic management in both side of owners and employment. Management’s experience also brought all of the sectors in the under one roof soliciting their best efforts.

On consideration of above historical business record more than two decades Group’s future Projection maybe summarized as below:

  1. As the group has been operating a Public Limited Company of one heavy industrial project, Listed with stock exchanges, has intension for listing more companies.
  2. As the Group’s concentrating is investment in different sectors in including Steel, Cement, Vegetable Oils, Power, P.P. Bag, and Hatchery and expand of its backward linkage, this operation will be continued to ensure sustainability of the existing project and develop on the same line by expanding through establishment its backward linkage as well as finding diversified use of the same. On the ground now company has also been working to establish a Hot Strip project either on partnership base or joint venture by spending about five billion BDT.
  3. The management found a lucrative avenue of export on consideration of country’s demand and decision of opportune of establish another power plant estimated capacity 16MW/hr by spending one billion BDT.
  4. As management found a lucrative avenue of export sector especially in textile sector for industrial, Commercial and Housing; in this respect the group also Textile Sector with an investment of three billion hundred million BDT.
  5. The group also owned numbers of investment in development land property usable for industrial, Commercial and Housing; in this respect the group also has a plan to enter in to real estate projects on these land Project.
  6. To materialize all of these projection and plan, company must hire concern experience, dynamic, efficient and educated personnel through creation of proper employment to lead in the market of the concern sectors.
  7. Industrialization in the country, create employment skilled, semi skilled and unskilled through proper utilization of country’s assets.